{"id":248588,"date":"2022-12-19T10:35:40","date_gmt":"2022-12-19T16:35:40","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=248588"},"modified":"2022-12-19T12:14:41","modified_gmt":"2022-12-19T18:14:41","slug":"galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/","title":{"rendered":"Galaxy Entertainment to Build Macau\u2019s First \u2018High-Tech Amusement Park\u2019"},"content":{"rendered":"

Galaxy Entertainment<\/a> has pledged to build Macau\u2019s \u201cfirst-and-only high-tech amusement park\u201d within the next 10 years, Macau Business<\/em> reports.<\/p>\n

\"Galaxy\"
Galaxy vice president Francis Lui Yiu Tung, above, said 97% of the company\u2019s planned US$3.5 billion investment in Macau over the next 10 years will go on nongaming attractions and exploring foreign consumer markets. (Image: SCMP)<\/figcaption><\/figure>\n

Galaxy vice president Francis Lui Yiu Tung told a press conference on Saturday that the proposed entertainment facility would occupy around 656,598 square feet. It would incorporate \u201cmultimedia, interactive and multi-sensory technologies to provide games and rides.\u201d<\/p>\n

The company would collaborate with \u201cacclaimed international brands\u201d to create an experience that targeted \u201cfamilies and leisure visitors,\u201d he added.<\/strong><\/p>\n

The announcement came a day after Macau\u2019s six concessionaires, or licensees, signed new 10-year gaming contracts. It\u2019s the first retendering of their gaming licenses since Macau opened itself up to foreign operators in 2002. The new tenures will begin Jan. 1, 2023.<\/p>\n

Pressure to Diversify<\/strong><\/h2>\n

As part of their applications, Macau\u2019s operators were asked to demonstrate how they would attract more visitors from outside China and create more nongaming amenities.<\/p>\n

Collectively, the six operators have pledged to invest nearly US$15 billion into Macau over the next decade. The lion\u2019s share of that \u2013 some $13.5 billion<\/a> \u2013 will go on nongaming amenities.<\/strong><\/p>\n

Galaxy said Saturday it would funnel almost 97% of its planned US$3.5 billion investment for the decade into nongaming and exploring foreign consumer markets.<\/p>\n

Other Galaxy attractions will include a 22,000-square-meter art museum and a 4,000-seat theater for music and the performing arts.<\/p>\n

\n

Additionally, the company hopes to open its long-planned Galaxy Arena in the coming year. The 6,000-seat arena is part of Phase 3 of Galaxy Macau, which has been delayed by the financial constraints of the pandemic. Galaxy plans to host world-tour concerts and large-scale sporting events at the venue.<\/p>\n<\/div>\n

The company said it planned to target overseas markets by setting up offices in Singapore, Thailand, and South Korea, while launching new promotional activities and travel packages in countries like Japan, Indonesia, Malaysia, India, the Philippines, and Vietnam.<\/p>\n

Placating Beijing <\/strong><\/h2>\n

Macau is eager to appease the politburo in Beijing, which has long demanded the gambling hub diversify its tourism sector. Beijing blames Macau\u2019s gaming industry for encouraging capital flight and money laundering. All forms of gambling are prohibited in mainland China, apart from state-controlled lotteries.<\/p>\n

\n

In pre-pandemic 2019, 91% of visitors to Macau were from mainland China, Hong Kong, and Taiwan. Only 3.58% of its gaming revenues were estimated to have been generated by foreign visitors.<\/p>\n<\/div>\n

Other operators provided glimpses into their own plans for nongaming over the next decade. Sands China, which is expected to be the biggest spender of the six, said it will add a glass conservatory to its garden at the Londoner Macau.<\/p>\n

Meanwhile, Wynn Resorts is also planning a new theater for the gambling hub, while Melco Resorts has pledged to build the region\u2019s first year-round indoor waterpark.<\/p>\n","protected":false},"excerpt":{"rendered":"

Galaxy Entertainment has pledged to build Macau\u2019s \u201cfirst-and-only high-tech amusement park\u201d within the next 10 years, Macau Business reports. Galaxy vice president Francis Lui Yiu Tung told a press conference on Saturday that the proposed entertainment facility would occupy around 656,598 square feet. It would incorporate \u201cmultimedia, interactive and multi-sensory technologies to provide games and […]<\/p>\n","protected":false},"author":36,"featured_media":248590,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,3313],"tags":[84158,51],"acf":[],"yoast_head":"\nGalaxy Entertainment to Build Macau\u2019s First \u2018High-Tech Amusement Park\u2019<\/title>\n<meta name=\"description\" content=\"Galaxy Entertainment unveils plans for high-tech amusement park in Macau and pledges to spend 97% of $3.5 billion on non-gaming.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Galaxy Entertainment to Build Macau\u2019s First \u2018High-Tech Amusement Park\u2019\" \/>\n<meta property=\"og:description\" content=\"Galaxy Entertainment unveils plans for high-tech amusement park in Macau and pledges to spend 97% of $3.5 billion on non-gaming.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-19T16:35:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-19T18:14:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/galaxy.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Philip Conneller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@casinoorgphilc\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Philip Conneller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/\",\"url\":\"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/\",\"name\":\"Galaxy Entertainment to Build Macau\u2019s First \u2018High-Tech Amusement Park\u2019\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/galaxy.jpg\",\"datePublished\":\"2022-12-19T16:35:40+00:00\",\"dateModified\":\"2022-12-19T18:14:41+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\"},\"description\":\"Galaxy Entertainment unveils plans for high-tech amusement park in Macau and pledges to spend 97% of $3.5 billion on non-gaming.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/galaxy.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/galaxy.jpg\",\"width\":1200,\"height\":800,\"caption\":\"Galaxy vice president Francis Lui Yiu Tung 97% of the company\u2019s planned US$3.5 billion investment into Macau over the next ten years will go on non-gaming attractions and exploring foreign consumer markets. (Image: SCMP)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Asia Pacific Gaming\",\"item\":\"https:\/\/www.casino.org\/news\/asia-pacific-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Galaxy Entertainment to Build Macau\u2019s First \u2018High-Tech Amusement Park\u2019\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\",\"name\":\"Philip Conneller\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png\",\"caption\":\"Philip Conneller\"},\"description\":\"In Philip Conneller\u2019s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation. Philip was the original features editor for poker\u2019s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites. His news stories for Casino.org\/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others. Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John\u2019s piano on two separate occasions on both sides of the Atlantic. He became a writer because he is a lousy pianist. Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC. Contact Philip at philip.conneller@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/philip-conneller\",\"https:\/\/www.linkedin.com\/in\/philip-conneller-1495a48\/?originalSubdomain=uk\",\"https:\/\/x.com\/casinoorgphilc\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/phillip-conneller\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Galaxy Entertainment to Build Macau\u2019s First \u2018High-Tech Amusement Park\u2019","description":"Galaxy Entertainment unveils plans for high-tech amusement park in Macau and pledges to spend 97% of $3.5 billion on non-gaming.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/","og_locale":"en_US","og_type":"article","og_title":"Galaxy Entertainment to Build Macau\u2019s First \u2018High-Tech Amusement Park\u2019","og_description":"Galaxy Entertainment unveils plans for high-tech amusement park in Macau and pledges to spend 97% of $3.5 billion on non-gaming.","og_url":"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2022-12-19T16:35:40+00:00","article_modified_time":"2022-12-19T18:14:41+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/galaxy.jpg","type":"image\/jpeg"}],"author":"Philip Conneller","twitter_card":"summary_large_image","twitter_creator":"@casinoorgphilc","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Philip Conneller","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/","url":"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/","name":"Galaxy Entertainment to Build Macau\u2019s First \u2018High-Tech Amusement Park\u2019","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/galaxy.jpg","datePublished":"2022-12-19T16:35:40+00:00","dateModified":"2022-12-19T18:14:41+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b"},"description":"Galaxy Entertainment unveils plans for high-tech amusement park in Macau and pledges to spend 97% of $3.5 billion on non-gaming.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/galaxy.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/galaxy.jpg","width":1200,"height":800,"caption":"Galaxy vice president Francis Lui Yiu Tung 97% of the company\u2019s planned US$3.5 billion investment into Macau over the next ten years will go on non-gaming attractions and exploring foreign consumer markets. (Image: SCMP)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/galaxy-entertainment-to-build-macaus-first-high-tech-amusement-park\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Asia Pacific Gaming","item":"https:\/\/www.casino.org\/news\/asia-pacific-gaming\/"},{"@type":"ListItem","position":3,"name":"Galaxy Entertainment to Build Macau\u2019s First \u2018High-Tech Amusement Park\u2019"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b","name":"Philip Conneller","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png","caption":"Philip Conneller"},"description":"In Philip Conneller\u2019s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation. Philip was the original features editor for poker\u2019s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites. His news stories for Casino.org\/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others. Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John\u2019s piano on two separate occasions on both sides of the Atlantic. He became a writer because he is a lousy pianist. Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC. Contact Philip at philip.conneller@casino.org.","sameAs":["https:\/\/muckrack.com\/philip-conneller","https:\/\/www.linkedin.com\/in\/philip-conneller-1495a48\/?originalSubdomain=uk","https:\/\/x.com\/casinoorgphilc"],"url":"https:\/\/www.casino.org\/news\/author\/phillip-conneller\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/248588"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=248588"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/248588\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/248590"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=248588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=248588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=248588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}