Galaxy Casino Opens in Macau: Price Tag $2 Billion

Submitted by Aaron Goldstein on

Written by :

Aaron Goldstein

Published on :

With a price tag of just $2 billion (that’s with a “b”), the extravagant Galaxy Casino opened in Macau, the world’s largest gambling Mecca.

Galaxy Entertainment owns and operates the hotel, casino and resort complex, which includes a wave pool and artificial beach along with 50 plus restaurants and 450 gambling tables.

The company itself is run by Lui Che Woo, no relation to Gambling911.com Senior Reporter Jenny Woo.  For years, Macau’s gambling center was monopolized by the powerful Stanley Ho, whose family squabbles made headlines just a few months ago.  Ho, the aging billionaire casino mogul, sold much of the stakes in his casino empire to family members. 

Galaxy owns these other hotels in Macau:

The StarWorld hotel and Casino on the Macau Peninsula.

Four City Club Casino

- Aaron Goldstein, Gambling911.com

 	 10 Day Free Trial from TollFreeForwarding

Related Content

BetAmapola Dispute Resolved: Player Paid in Full

BetAmapola Dispute Resolved: Player Paid in Full

Gambling911.com is happy to report that a long standing payout issue involving BetAmapola has now been resolved.
More Sweepstakes Casino Closures in August: LuckyStake and The Money Factory Shut Down

More Sweepstakes Casino Closures in August: LuckyStake and The Money Factory Shut Down

LuckyStake shut its sweepstakes casino down Aug. 14 with redemptions due by Aug. 20. The Money Factory did so two weeks prior.
Bally's Halts Chicago Casino Construction as Company Reports  $792 million in Revenue....$4.5 billion in DEBT?

Bally's Halts Chicago Casino Construction as Company Reports $792 million in Revenue....$4.5 billion in DEBT?

The company reported roughly $265.9 million in negative operating cash flow during the first six months of the year.
Two Six Figure Jackpots in One Day Hit at Thunder Valley Casino Outside of Sacramento

Two Six Figure Jackpots in One Day Hit at Thunder Valley Casino Outside of Sacramento

Two six figure jackpots in one day and multiple jackpots hit over the course of a few weeks at a single Sacramento area casino.... We're talking the Thunder Valley Casino Resort, a mere 30 miles outside California's capital city.