As reported by Bloomberg News, Hong Kong-based Galaxy Entertainment Group Ltd. and Las Vegas-based MGM Resorts International, two leading giants in the iGaming industry, are currently exploring opening casino resorts in Thailand, because they want to protect themselves against a worsening outlook for their Macau operations.
A stressful situation for both companies:
The moves to expand their presence and enter new markets mark casino operators’ stress over a worsening outlook for their Macau businesses, which once generated six times the gaming income of Las Vegas and provided historically high returns.
In this regard, people who didn’t want to be identified because they consider this to be something private, said: “Galaxy Entertainment Group Ltd. and MGM Resorts International are studying the potential of opening casino resorts in the country. However, Galaxy,…
