Company: Galaxy Entertainment
Family Name: Lui
Given Name: Francis Yiu Tung
Profile: Francis Lui is a son of K. Wah International Holdings and Galaxy Entertainment Group founder Lui Che-Woo. He is the deputy chairman of the Galaxy’s Executive Board, Nomination Committee and Remuneration Committee, as well as the chairman of Corporate Governance Committee.
The official announcement by Mayor Fumiko Hayashi that Yokohama would enter the IR race in earnest has set off a scramble among major IR operators, with Las Vegas Sands announcing that it was completely abandoning its efforts to partner with the Osaka government and Melco announcing its intention to open a Yokohama office with a new executive in charge.
Galaxy Entertainment has announced a new three-week program which will bring students from Toyo University, Kyoto Sangyo University, Fukuoka University, and Okura Nikko Hotel Management to Macau for training about the IR industry.
Galaxy Entertainment Group and Melco Resorts & Entertainment were recognized at the 12th International Gaming Awards held in London last week.
The Nihon Keizai Shinbun’s high-powered IR Forum in Tokyo drew more than six hundred guests, not including the many others who reportedly had to be turned away by an excess of applications. The event brought together government officials, IR operators, analysts, and others for an intensive day-long event last Wednesday.
Galaxy Vice-Chairman Francis Lui led a roundtable event with Japanese journalists in Tokyo on Tuesday, explaining his company’s interest in the Japanese IR market. As he spoke, he was flanked by Ted Chan, chief operating officer for Japan development, and Satoshi Okabe, general manager of the Japan office.
Galaxy Entertainment Group, which is hoping to expand into Japan and the Philippines, may have to reconsider its plans for an IR on the island of Boracay after the government again insisted no casinos will be allowed.
Galaxy Entertainment announced on Monday its “Japan-Macau Integrated Resort Management Mentorship Pilot Scheme,” a partnership with Toyo University to educate Japanese students about IR management, looking forward to the development of the new industry in the mid-2020s.
In an exclusive interview with AGB Nippon, Ted Chan, appointed as Galaxy’s Chief Operating Officer for Japan Development in April, discussed the increasingly strong position that his Macau-based firm works from as it prepares its bid for one of the three available IR licenses in the country.
Galaxy Entertainment Group (GEG) on Wednesday unveiled their vision for their proposed integrated resort in Japan. GEG and their partner, Monte-Carlo Société des Bains de Mer (SBM), said they envision the development of an IR that will have a transformative impact on the Japanese economy and the city and community where it will be located.