Galaxy Entertainment Group Ltd opened up a new casino in Macau on the weekend. The new $2 billion casino adds another high class entertainment center to Macau’s already existing casinos.
Macau showed huge growth in gaming revenue in 2010 and is hoping to reap even more in 2011. It has overtaken Las Vegas in revenue streams last year and is now soaring ahead. At the moment six operators are licensed to open casinos in Macau including Wynn Resorts.