98 per cent of the staff will receive a special payment.<\/p>\n\n\n\n\n\n\n\n
Macau.- Galaxy Entertainment Group has become the third Macau gaming operator to announce a special bonus for staff. The company said the \u201cspecial payment\u201d would apply to 98 per cent of employees to \u201cthank team members for their hard work and commitment during the past year\u201d.<\/p>\n\n\n\n
According to a statement released on Friday, Galaxy Entertainment\u2019s payment will equal “one month of base salary and guaranteed tips if applicable,\u201d to be paid on January 18.<\/p>\n\n\n\n
\u201cAs the new concession for operation<\/a> of casino games of fortune begins, GEG will continue its successful creation of world class offerings to contribute to Macau\u2019s prosperity and stability, and join hands with its team members to write a new chapter and forge ahead for a brighter future,\u201d reads the statement.<\/p>\n\n\n\n The announcement comes a few days after Sands China made a similar move<\/a>, with over 23,000 members of its staff benefiting from a discretionary allowance, and Wynn Macau revealed that on January 16 a \u201cspecial allowance\u201d<\/a> equivalent to one month\u2019s gross salary will be paid to eligible Wynn Macau and Wynn Palace team members.<\/p>\n","protected":false},"excerpt":{"rendered":" 98 per cent of the staff will receive a special payment.<\/p>\n","protected":false},"author":226,"featured_media":17904,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Galaxy Entertainment Group has announced a special payment equivalent to one month's base salary for 98% of its Macau staff, following similar initiatives by Sands China and Wynn Macau. This move, occurring as new casino concessions commence, aims to acknowledge employee commitment and contribute to Macau's stability and prosperity.","focusai_entities":"Galaxy Entertainment Group, Sands China, Wynn Macau, GEG, Wynn Palace","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.8), regulator (0.7), compliance_legal (0.7), operator_casino (0.9), investor_analyst (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Concession Impact","query":"How do these discretionary staff payments align with the new Macau gaming concession agreements' requirements for local employment and social responsibility?"},{"label":"Labor Cost Implications","query":"What are the projected aggregate labor cost implications for Macau's gaming operators following these special payments, and how might this affect Q1\/Q2 EBITDA margins?"}],"footnotes":""},"categories":[157,16338],"tags":[22935],"class_list":["post-777001368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-galaxy-entertainment"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777001368"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001368\/revisions"}],"predecessor-version":[{"id":777001375,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001368\/revisions\/777001375"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17904"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777001368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777001368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777001368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}