Home Entertainment Macau’s Galaxy Entertainment is well positioned for a return to casinos: CLSA

Macau’s Galaxy Entertainment is well positioned for a return to casinos: CLSA

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Macau’s Galaxy Entertainment is well positioned for a return to casinos: CLSA

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Jonathan Galligan of CLSA discusses the impact of the easing of policy restrictions on travel to Macau. He says the increase in visits will support recovery in earnings for Galaxy Entertainment, though it may not rebound quickly. Jonathan expects VIP and “premium mass” players to return first, with tour groups taking a longer time to come back to casinos.

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