Galaxy predicts Macau gaming revenue to sustain 2010 growth

30 March 2011

HONG KONG AND MACAO -- Galaxy Entertainment Group released its fourth quarter results and advised that Macau gaming growth should mirror that of 2010, Bloomberg reported.

Galaxy will open its Galaxy Macau resort in May 2011 and predict a 20 percent increase in revenue, the report said.

Galaxy's net income fell 22 percent, this reflects the previous year's influence of bond buybacks on income figures, Bloomberg made note.

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