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Francis Lui: Galaxy to consider major renovation of Broadway Macau

Pierce Chan by Pierce Chan
Thu 5 Jun 2025 at 12:10
A spirit of social responsibility

Broadway Macau

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Galaxy Entertainment Group (GEG) Chairman Francis Lui revealed that its Broadway property in Macau may require a comprehensive renovation in the long-term to increase the number of hotel rooms and help the company cope with the growth in tourist numbers.

In an interview with Hong Kong media, Lui noted that Macau has expanded its non-gaming investment in recent years with GEG having strengthened its non-gaming investment while reducing commission costs for VIP gaming.

“The proportion of VIP gaming revenue has dropped to 10%, but the commission costs for junkets have been reduced as a result and we have successfully launched high-end mass gaming,” he explained.

Lui also said that the group’s overall profit margin is now higher than before, allowing it to increase its investment into non-gaming.

However, the challenge of limited hotel room supply remains significant, prompting GEG to explore how it can better utilize its existing infrastructure such as Broadway – located in Cotai right alongside Galaxy Macau.

“The supply of low-priced hotel rooms (below MOP$1,000) in Macau is insufficient to meet the demand of business and budget travelers,” he stated.

“Broadway only has a little over 300 rooms and may need to be renovated in the long run, although our priority is to complete the construction of Galaxy Macau Phase 4.”

In response to a question about Macau’s gaming revenues in 2025, with the government having this week lowered its FY2025 GGR forecast, Lui said he expects June to continue the momentum of May – further enforcing the importance of gaming to the Macau economy.

“GEG’s development strategy is also centered on this [gaming industry] to drive the development of industries such as conventions and exhibitions, hotels and concerts,” he said.

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Tags: Broadway MacauFrancis LuiGalaxy Entertainment GroupMacaurenovation
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Pierce Chan

Pierce Chan

With more than five years’ experience working as a journalist in Macau, Pierce is an experienced media operator with strong skills in news writing and editing. He previously worked with Exmoo, first as a reporter covering government, gaming and tourism-related stories, then as a Deputy Assignment Editor helping set the agenda of the day. Pierce is a graduate of the University of Macau.

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