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VIP gaming boosts Macau Galaxy core cash flow to record USD53.5m

Macau casino operator Galaxy Entertainment Group said its core cash flow rose to a record USD53.5 million in the first quarter after VIP gambling volumes at its StarWorld hotel soared 86 percent to USD13.09 billion. Group revenue increased 51 percent from a year earlier to USD506.9 million. Executives said the company’s USD1.81 Cotai resort remains on target to open early next year.

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