Lui Che-woo Family (Galaxy)
Overview
Founded by Lui Che-woo in 1985, Galaxy Entertainment Group is a leading Hong Kong-listed casino and hospitality operator. Core businesses include casinos, hotels, and entertainment in Macau. Market position: one of the six Macau concessionaires, with a strong mass-market focus.
Description
Lui Che-woo Family controls Galaxy Entertainment, a major Macau casino operator. Known for Galaxy Macau resort, the family is among Asia's wealthiest.
Leadership
Governance
Held via family trusts and private holding companies. Key entities: Galaxy Entertainment Group (HKEx: 27). Decision-making centralized under Lui Che-woo and his sons, with board representation.
Succession
Lui Che-woo stepped down as chairman in 2023; son Lui Wai-keung (Francis) is now chairman. Another son, Lui Wai-ming, is deputy chairman. Transition is ongoing with next-gen in senior roles.
Public-Sector Context
Close ties with Macau and Chinese governments through casino concession. Galaxy has navigated regulatory changes in Macau's gaming sector. Risk factors include tightening gambling laws and geopolitical tensions.