The Rise of a Tycoon: Dr. Lui’s Early Years and Business Ventures
On November 7, 2024, the world bid farewell to Dr. Lui Che Woo, the esteemed founder and Chairman of Galaxy Entertainment Group (GEG), who passed away peacefully at the age of 95. His death signifies the conclusion of a remarkable chapter in the realms of gaming and hospitality, where he was a pioneering figure.
Born in 1929 in Jiangmen, Guangdong, Dr. Lui moved to Hong Kong in his youth. His early experiences were shaped by significant challenges, including his education being cut short at 13 due to wartime upheavals. Despite these adversities, he displayed an innate resilience and business savvy from a young age, initially working as a street vendor before ascending to corporate heights.
In the late 1950s, Dr. Lui capitalized on Hong Kong’s burgeoning need for building materials, launching his venture into the mining and construction sectors. His strategic foresight led to the establishment of K. Wah Group in 1955, which evolved into a global conglomerate with interests spanning from real estate to hospitality.
A Late Bloomer in the Casino Industry: Establishing GEG
Despite venturing into the gaming industry at 73, a time when many consider retirement, Dr. Lui swiftly became a notable player. His company, Galaxy Entertainment Group, was granted one of the first gaming licenses in Macau in 2002. Under his guidance, GEG inaugurated flagship developments like the Galaxy Macau, which became emblematic of his impact on the industry.
Philanthropy and Contributions to Global Culture
Dr. Lui’s contributions extended beyond the corporate sphere into philanthropy and cultural enrichment. He founded the Lui Che Woo Prize for World Civilisation to support and honor global initiatives that foster world civilization and societal harmony. His charitable activities primarily focused on enhancing education and healthcare, reflecting his commitment to giving back to the community.
In a tribute, GEG lauded Dr. Lui’s visionary leadership, crediting him with laying the groundwork for the company’s prosperity. Inside Asian Gaming relayed GEG’s assurances to its stakeholders and customers, affirming the continuity of operations and the forthcoming appointment of a new Chairman.
Legacy and Forward Path
As GEG and the broader industry navigate the future without its storied leader, they reflect on Dr. Lui’s indelible influence. Not just a business mogul, Dr. Lui was a visionary who reshaped the gaming and hospitality landscapes in Asia and globally. His life’s journey—from overcoming personal and professional obstacles to establishing vast business empires and engaging in significant philanthropic endeavors—remains an inspiring legacy for future generations. The GEG community and its Board extend their deepest condolences to Dr. Lui’s family, commemorating a life well-lived and a legacy that will undoubtedly endure.
