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Travel & Leisure

Macao casino operator cautious as China relaxes travel controls

Galaxy Entertainment: Consumer confidence 'will take time' to recover

HONG KONG -- Visitation to casinos in Macao, the world's top gambling hub, is likely to recover gradually even as China begins to remove restrictions on travel, according to local operator Galaxy Entertainment Group.

"We believe that there is a significant pent-up demand for leisure, tourism and travel from China," the company said in its half-year results update on Thursday, citing "discussions with customers and our observations of popular travel destinations within China being in high demand."

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