• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Saturday 2 August 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Lui Che Woo “very confident” Galaxy’s Boracay IR will proceed

Newsdesk by Newsdesk
Tue 28 Aug 2018 at 07:18
Galaxy boss says no plans to increase Wynn Resorts stake

Chairman of Galaxy Entertainment Group (GEG), Lui Che Woo.

Print Friendly, PDF & Email

Galaxy Entertainment Group Chairman Lui Che Woo says he is still confident that the company will proceed with construction of a US$500 million integrated resort on the Philippine resort island of Boracay, despite the nation’s President insisting otherwise.

In an interview with CNBC this week, Lui outlined Galaxy’s plans for the IR – a joint venture with Philippines firm Leisure and Resorts World Corp – stating that gaming would only comprise a small component of the facility and insisting it would help improve the island’s global appeal.

“We are very confident,” Lui said. “From the beginning until now, our plans have not changed. Unless the government has other plans, we will follow their decision.”

The Galaxy boss added that his company planned to help restore Boracay to its natural beauty after President Rodrigo Duterte ordered Boracay closed to tourists for six months due to pollution concerns.

“When Galaxy negotiated with the Philippines government, our plans were to turn Boracay into an internationally acclaimed island,” he explained. “First, it will be low-density and second, we want to restore the beautiful natural scenery to how it was before.

“Our plans are for a low-density environment, like in the Maldives, instead of a big casino floor like in Manila or other places that are dense or busy. We want to lure high-end customers to come and enjoy and to help the Philippines lift its status. It is no longer the top-tier natural scenic place it once was due to pollution and sub-standard facilities.

“Gaming will actually be a small portion, we expect a few dozen tables, as this is not our focus for Boracay. We hope it’ll become a truly good tourism spot and return it to the beautiful island it once was. This is very different to what is being said out there.

“We don’t pay attention to unofficial commentary. As you know, the environment in the Philippines has changed over the years. When we first indicated our interest to invest, many people misunderstood and misinterpreted us, we don’t care about this.

“We’re waiting for the final decision from the government as to how it wants to develop Boracay. We will follow their directive to achieve their goal.”

Duterte has made a number of comments in recent months reiterating his opposition to casino gaming and insisting he would allow no new casinos to be built anywhere in the Philippines.

RelatedPosts

Macau GGR up 19% year-on-year to MOP$22.1 billion in July, sets new post-pandemic record

Macau GGR up 19% year-on-year to MOP$22.1 billion in July, sets new post-pandemic record

Fri 1 Aug 2025 at 12:49
Melco’s long-stalled Countdown Hotel at City of Dreams to be converted into 150-key all-suite hotel

Melco’s long-stalled Countdown Hotel at City of Dreams to be converted into 150-key all-suite hotel

Fri 1 Aug 2025 at 06:45
Wynn Macau named Official Venue Partner for Asia’s 50 Best Restaurants 2022

Wynn Macau locks in US$1 billion increase to facilities agreement

Fri 1 Aug 2025 at 06:20
The changing face of Macau

Melco beats forecasts again in 2Q25 as Macau resorts drive 16% increase in gaming revenues to US$1.1 billion

Fri 1 Aug 2025 at 05:08
Load More
Tags: BoracayDuterteGalaxyirLui Che WooMacauPhilippinesPhilippines firm Leisure and Resorts World Corp
Share2Share
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Better late than never

Editorial – Better late than never

by Ben Blaschke
Thu 31 Jul 2025 at 07:13

Inside Asian Gaming has in recent weeks been hearing increasing chatter around a possible move by Vietnamese authorities to introduce...

Angel’s Yasushi Shigeta

Angel’s Yasushi Shigeta

by Ben Blaschke
Thu 31 Jul 2025 at 07:08

Yasushi Shigeta, Chairman and owner of one of the world’s largest gaming industry suppliers, Angel Group, sits down with Inside...

The Magic Number

The Magic Number

by David Bonnet
Thu 31 Jul 2025 at 06:41

In this in-depth deep dive into the evolution of the Asian gaming landscape, David Bonnet argues that many regional jurisdictions...

Rashid Suliman – A road well traveled

Rashid Suliman – A road well traveled

by Ben Blaschke
Thu 31 Jul 2025 at 02:45

Rashid Suliman, Vice President of Global Gaming Asia-Pacific for casino solutions provider TransAct Technologies, provides some insight into his unique...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
HKUST
NWR

Related Posts

We’re Back!

Executive reshuffle sees RWS CEO Lee Shi Ruh named President and COO of parent company Genting Singapore

by Ben Blaschke
Sat 2 Aug 2025 at 15:26

Genting Singapore has announced the promotion of Ms Lee Shi Ruh, the recently appointed CEO of Resorts World Sentosa Pte Ltd, as its new President and Chief Operating Officer. Lee has until now served as Genting Singapore’s CFO. In a...

Star to open AU$3.6 billion Queen’s Wharf Brisbane development on 29 August

Star’s Hong Kong partners officially terminate Queen’s Wharf Brisbane acquisition deal

by Ben Blaschke
Fri 1 Aug 2025 at 13:02

Star Entertainment Group’s Hong Kong partners have officially closed the door on a deal that would have seen them acquire Star’s 50% stake in their AU$3.6 billion Queen’s Wharf Brisbane development. In a Friday release, Star confirmed that Chow Tai...

Macau GGR up 19% year-on-year to MOP$22.1 billion in July, sets new post-pandemic record

Macau GGR up 19% year-on-year to MOP$22.1 billion in July, sets new post-pandemic record

by Ben Blaschke
Fri 1 Aug 2025 at 12:49

Macau’s casinos recorded gross gaming revenue of MOP$22.13 billion (US$2.73 billion) in July, up 19.0% year-on-year and setting a new post-pandemic record, according to information from the Gaming Inspection and Coordination Bureau (DICJ). The month-on-month rise comes largely unexpected, with...

Melco’s long-stalled Countdown Hotel at City of Dreams to be converted into 150-key all-suite hotel

Melco’s long-stalled Countdown Hotel at City of Dreams to be converted into 150-key all-suite hotel

by Ben Blaschke
Fri 1 Aug 2025 at 06:45

Melco Resorts & Entertainment has revealed new plans for its long-stalled Countdown Hotel transformation project at City of Dreams Macau, with the tower to be rebranded and its existing 330 standard hotel rooms converted into 150 high-end suites. The renovation...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English