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Galaxy Entertainment Group’s bonds is over because of rising debt, and a fear that their rating may be cut. The company has returned more than any other slot machine casino this year, but they may still be looking at a drop.

“The bonds have rallied a lot so it's time to take profit,” said Warut Promboon, a Singapore-based credit analyst with ING Bank. “We're also concerned about the rating downgrade risk and its rising capital expenditure.”

With Macau becoming the new slot machine Mecca of the world, Galaxy could stand to benefit. They have doubled their share in Macau, and are building a new slot machine resort there. They are looking to invest in other slot machine companies and perhaps build other businesses there.

The slot machine magnate Stanley Ho may work with them as well. Singapore just issued its last slot machines and gaming license to Genting Bhd. Genting is Asia’s biggest slot machine casino operator by market value. Galaxy is looking to bring in their new resort with 3,000 slot machines alone.

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