![]() ![]() While China’s reopening sparked a tourism boom that helped Macau’s gambling revenue recover to nearly 60% of pre-Covid levels in May, the boom could fade later this year as pent-up demand eases and more Chinese travel abroad.Ī source said: “With the potential for Thailand and the UAE to legalize casinos in the coming years, operators are looking to gain an advantage. In Hong Kong trading on Friday, shares of Galaxy rose by 5.3%, while MGM China, a division of MGM Resorts, gained more than 6%. Galaxy, the company of billionaire Lui Che-woo, is reportedly even considering opening gaming establishments in the United Arab Emirates (UAE). MGM Resorts International and Galaxy Entertainment Group are exploring the prospect of building a casino resort in Thailand. ![]() ![]() MGM Resorts and Galaxy plan to open casino in Thailand ![]()
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