Tag Archives: grand waldo
- Galaxy Entertainment continues Macau push with Grand Waldo purchase
May 6, 2013
Not content with just sitting in third place in gaming revenue shares in Macau despite doubling its profits last year, Galaxy Entertainment is ramping up its growing portfolio in Macau with the purchase of the Grand Waldo Complex from Get Nice Holdings Ltd. for HK$3.25 billion ($419 million). The purchase...
- Smoking ban to hit Macau revenue; Venetian probe to end next year; APPT breaks attendee and prize pool record
November 12, 2012
A smoking ban in Macau could cause casino revenue drop when it’s introduced early next year. Nomura analyst Harry Curtis told Bloomberg that gross gaming revenue in the Chinese casino enclave will plummet by “several” points in 2013 thanks the government banning smokers from certain parts of the casino floor....