One-off insurance payment and gradual return of visitors boost the group’s performance, however Raffles on Cotai may not open until 2022.
Galaxy Entertainment Group
Cutting-edge technology and design plus traditional service combine to ramp up the city’s hospitality offerings: there’s even a special Singapore Sling for Macao.
A luxury hotel, a concert hall and extensive exhibition space will add to Cotai’s attractions, and the company is already eyeing further development.
The statement said the payment would be awarded to eligible staff at “senior manager” level and below, covering around 98% of the gaming operator’s employees.
Four non-resident workers threatened to jump from a height on a Galaxy Entertainment Group (GEG) construction site of the gaming operator’s new development project in Cotai on Monday morning over a pay row.
Macao’s Hong Kong-listed gaming operator Galaxy Entertainment Group (GEG) has announced a 34% quarter-on-quarter growth in its net revenue to HK$1.6 billion (MOP 1.65 billion) in the third quarter.
Galaxy Entertainment Group (GEG) Chairman Lui Che Woo said today that “the Macao government continues to perform admirably throughout the [Covid-19] pandemic”.
Galaxy Entertainment Group has announced that it will not offer a discretionary bonus to employees at all levels as it did annually in recent years.
The Centre for Gaming and Tourism Studies (CJT) of the Macao Polytechnic Institute (IPM) held a sharing session on “Gamblers’ Fatigue: The Evolving Trends of Gaming Behaviour among Gamblers” on its Taipa campus last week, presenting the latest research findings by a CJT research team headed by Prof Zeng Zhonglu, the public tertiary education institution said in a statement on Thursday.