Retail in Asia

In Sectors

Macau casino operator Galaxy sees profits triple

Galaxy Entertainment says its profits tripled in 2011 after the Macau casino operator opened a USD2 billion resort in the Chinese gambling enclave.

The company said that profits totalled HKD3b (USD387 million) compared with HKD900m in 2010.

Macau is the world’s biggest gambling destination, with revenues five times greater than in Las Vegas.

(Source: BBC News )