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Macau: Galaxy closes Rio and President "satellite casinos" despite new relaxed requirements in gaming bill

News Snapshot:

Galaxy Entertainment Group (GEG) announced the closure of two of its satellite casinos in Macau —Rio Casino and President Casino— as of today, June 16. According to an announcement by GEG, group employees working in these two casinos will be transferred to other venues under the concessionaire with "all terms of employment remaining the same". "They will also be provided with a series of vocational training to help them adapt to the new working environment," the group noted. "GEG would like to thank the public, customers, and people from all walks of life for their love and support of Rio…

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