MACAU: Galaxy Entertainment Group Ltd and Melco Crown Entertainment Ltd look best placed to benefit from the next phase of Macau’s development as the world’s gambling capital adds eight more mega-casinos by 2017.
The expansion will take place in the Chinese territory’s glitzy Cotai Strip and is expected to more than double Macau’s annual gaming revenues to US$115bil in four years, according to research from US brokerage Wells Fargo.
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