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UAE puts raffles and prize draws on hold from January 1
The recently formed General Commercial Gaming Regulatory Authority (GCGRA) of the United Arab Emirates (UAE) is making its presence known by requiring all operators in the region to suspend operations effective January 1. This includes popular lottery operators such as Mahzooz and Emirates Draw, with no timeframe for the suspension of play having been given yet.
Under the Scope: premium mass in question and Raffles shining bright
Galaxy has upped the game. According to gaming expert Ben Lee, the new Raffles Hotel has “reached a whole new level of luxury gaming”, pushing the other five operators to innovate and compete in a new echelon they haven’t yet faced. Meanwhile, Macau’s 3Q23 results, as announced by the city’s gaming watchdog, show few surprises, as mass dominates – while raising questions over what exactly premium mass is.
Galaxy holds Raffles Hotel soft opening
Gaming operator Galaxy Entertainment Group has initiated the soft opening of its new Raffles Hotel hotel in Cotai today. The all/suite hotel is a partnership between Galaxy with Accor and Raffles Hotels & Resorts, and features 450 suites.
Premium mass room at Raffles records much higher average wager per player: Citigroup
Investment bank Citigroup notes Galaxy Macau Phase 3 has a "solid debut" of its premium mass room, recording a 52 percent higher average wager per player compared to pre-COVID levels.
Raffles Hotel at Galaxy Macau soft opening by mid-August: Official
Raffles Hotel, a luxury hotel part of Cotai casino resort Galaxy Macau, is planning its soft opening on August 16th. The news was shared on Wednesday on the Galaxy Entertainment Group (GEG) 's Facebook page.
Raffles Hotel at Galaxy Macau’s opening postponed due to labor shortage
After seeing the local staffing shortage worsen, Raffles Hotel at Galaxy Macau will not be ready for its planned opening date before the Labor Day Golden Week.
Raffles Hotel at Galaxy Macau to open in April: sources
Galaxy Entertainment Group (GEG) is planning to announce open its new signature hotel project Raffles in April, according to sources. The hotel features approximately 450 suites and had been planned to open in the second half of 2021.
Raffles at Galaxy Macau on track to open in 21H1
Felix Ng -
Luxury hotel operator Raffles Hotels & Resorts has signaled that it is on track to Raffles Hotels & Resorts its newest Macau property at Galaxy Macau before the end of 2021.
Galaxy signs accord to bring Raffles brand to Macau
Galaxy Entertainment Group has signed an accord with Accor to bring storied hotel brand, Raffles, to Macau with the opening of an exclusive all-suite tower, Raffles at Galaxy Macau in the second half of 2021.
Galaxy’s strong finances fuel growth in Macau and potential entry into Thailand: CBRE
Galaxy Entertainment Group (GEG) is well-positioned to 'invest heavily' in growth opportunities in Macau and potentially other jurisdictions, such as Thailand, while still returning capital to shareholders through dividends, says CBRE.