Galaxy Entertainment Group (GEG), a prestigious casino and hospitality powerhouse in Macau, has officially announced the passing of its venerable chairman and founder, Dr. Lui Che Woo, who was 95. His leadership left an indelible mark on the company, steering it to become one of the leading forces in the global casino industry.
The legacy of Dr. Lui Che Woo
Dr. Lui, an iconic figure in Macau’s gaming landscape, was instrumental in propelling Galaxy Entertainment to international acclaim. His vision and dedication were key to transforming the company from its nascent stages into a premier casino and hotel operator renowned for its innovation and excellence. Under his stewardship, GEG not only thrived but set new standards in the sector.
Commitment to uninterrupted operations
Despite this significant loss, Galaxy Entertainment has assured stakeholders that its operations will continue seamlessly. The company has emphasized its resilience and readiness, ensuring that Dr. Lui’s legacy endures through sustained growth and stability. As the industry pays tribute to a pioneering leader, GEG remains committed to upholding the principles and objectives set forth by their late founder.
Dr. Lui Che Woo: pioneering leadership in gaming and real estate
Dr. Lui Che Woo, the visionary entrepreneur, founded Galaxy Entertainment Group (GEG) in 1987, setting the stage for monumental success in the gaming industry. His strategic foresight and leadership catapulted GEG to become the first gaming company listed on The Stock Exchange of Hong Kong Limited, earning its prestigious spot as a constituent of the Hang Seng Index. This remarkable achievement underscores his influence and dedication to elevating the company’s status within the competitive market.
Beyond his groundbreaking work in the gaming sector, Dr. Lui Che Woo’s legacy flourishes through the K. Wah Group, a global leader in real estate and hospitality. As the founder, he has played a pivotal role in expanding its international presence and cementing its reputation as a trusted name in these industries. His forward-thinking approach and commitment to excellence continue to inspire innovation and growth, setting standards that guide future generations in both gaming and real estate sectors.
Renowned philanthropist Dr. Lui is making significant strides in advancing global welfare through diverse initiatives. Among his notable contributions is the creation of the Lui Che Woo Prize for World Civilization, which is dedicated to fostering a more sustainable and harmonious society. This prestigious award recognizes individuals and organizations that have made outstanding achievements in developing sustainable practices and enhancing global well-being.
Lui Che Woo prize for world civilization
The Lui Che Woo Prize, established by Dr. Lui, is structured to reward exemplary efforts in three main areas: sustainability, human welfare, and positive energy. By highlighting these critical sectors, the prize aims to encourage ongoing efforts to solve some of the world’s most pressing challenges.
Prize categories and impact
| Category | Focus | Impact |
|---|---|---|
| Sustainability | Environmental conservation efforts | Promotes eco-friendly practices |
| Human Welfare | Improving quality of life | Advances health and education |
| Positive Energy | Encouraging inspiring action | Drives social change |
Through these efforts, Dr. Lui continues to leave an indelible mark on society, inspiring future generations to contribute positively to global advancement.
GEG pays tribute to visionary leader Dr. Lui
Galaxy Entertainment Group (GEG) has expressed profound sorrow over the passing of its esteemed founder, Dr. Lui, acknowledging his innovative vision and remarkable leadership. Under Dr. Lui’s guidance, the company evolved into a leading force in the gambling industry, setting benchmarks in excellence and innovation.
Commitment to seamless operations
In the wake of this loss, GEG assures its stakeholders and patrons that operations will continue smoothly. The company emphasizes its commitment to upholding the legacy and standards set by Dr. Lui, ensuring a seamless experience for its clients and maintaining business as usual.
Leadership transition
As the company mourns the loss, the board highlights that the process of appointing a new chairman is in motion and will be executed with utmost diligence. Francis Lui, who currently serves as the vice chairman and is Dr. Lui’s son, emerges as a potential successor, holding promise to lead the company into a future of continued success and innovation.
