Galaxy Entertainment Group holds a 5% stake in Monaco hotel and casino operators, founded in 1863, and shares in Societte des Bains de Meret du Cercle du Etrangersa Monaco (SBM) are provided by third parties.

Galaxy is a Macau casino operator controlled by billionaire Lui Che-Woo and owns six properties in Macau and the Kotai district, including the recently opened Broadway Macau and the recently expanded Galaxy Macau Casino.

The move appears to be a diversification to prepare for a continuous and open downturn in the Macau market that has been going on for more than a year due to a month-on-month decline in profits. 슬롯머신

SBM is partially owned by the state of Monaco, with a 34% stake. SBM manages and owns casinos, hotels, restaurants, bars, night clubs, spas, beach clubs and golf clubs. Monte Carlo Company was founded by Charles III, Franc ̧ois Blanc, and Marie Blanc. Their portfolio includes Monte Carlo Sporting Club & Casino, Opéra de Monte-Carlo and Hotel de Paris, which have been in operation since the 1800s.

Bloomberg News separately reported that LVMH Moët Hennessy Louis Vuitton SE will also acquire a 5% stake in Monaco's largest employer, SBM.