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Galaxy Macau News

Macau market decline cuts into Las Vegas Sands' quarterly revenues

While the company did still turn a profit, it reported a 19.4 percent decline in revenues and a 30.1 percent decline in profits from last quarter.

Inside Gaming: Macau in a free-fall and taking Wynn Resorts with it

Wynn Resorts stock on Monday closed below $100 per share for the first time since December 2010 after Macau reported its 12th straight monthly dip.

Galaxy Phase II will open with 150 gaming tables

150 new gaming tables permitted at Galaxy Macau Phase II which will open this week.

Macau gaming revenues fall a record 49 percent in February

Casinos collected $2.44 billion from gamblers during the month, a drop of 49 percent. A year ago, Macau casinos collected a single-month industry high of $4.8 billion.

Analysts thought Macau's first-ever annual dip could have been worse

The worry is now about 2015 and what effect continued softness in the world’s largest gambling enclave will have on Nevada casino operators.

Inside Gaming: Crumbled buildings, cannons symbolize current status of Macau

Even after six consecutive monthly gaming revenue declines, Macau is still not close to hitting bottom.

Fitch analysts join others in cautioning on Macau

The bond advisement service predicted zero growth in Macau’s gaming revenue by the time 2014 is concluded, and an overall decline of 1 percent in 2015.

Revenue from Macau casinos enriches industry billionaire

It makes sense that the region — the only location in China with casinos — is creating more gaming industry billionaires than Las Vegas.

Galaxy to expand Galaxy Macau

Galaxy plans to expand Galaxy Macau, adding two more phases to the casino-resort.

Galaxy will expand Cotai resort

Phase two of Galaxy Macau's resort plan will include 1,300 new hotel rooms and 500 more gaming tables.

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