UPDATE: Galaxy Entertainment Group has just announced the appointment of Thomas Arasi as its new Chief Financial Officer, effective October 27, 2025. This significant move underscores the company’s commitment to enhancing its leadership team and ensuring robust financial management amid a dynamic market landscape.
Arasi, who previously held the positions of President and Chief Operating Officer at Blombery Resorts Corp, brings over 35 years of corporate experience across various sectors, including Financial Services and Hospitality. Notably, he has spent 16 years focused on Integrated Resorts, making him a well-suited choice for this pivotal role.
Ted Chan, the outgoing CFO, will officially exit the company on November 22, 2025. Chan has been instrumental in Galaxy’s operations since joining in 2018, where he played a key role in expanding the company’s presence in Japan and other markets until 2022.
Galaxy Entertainment Group’s Chairman, Francis Lui, praised Arasi’s extensive qualifications, stating, “Mr. Arasi brings extensive expertise to the Group, having demonstrated his ability to deliver results in North America, Japan, Singapore, and the Philippines.” He expressed confidence in Arasi’s leadership to fortify the finance function and support the company’s strategic growth.
In a statement, Lui emphasized the importance of a smooth transition, saying, “Tom will work with Ted to ensure a seamless handover, transition, and leadership continuity.”
Reflecting on his tenure, Chan expressed gratitude for the opportunities he had at Galaxy Entertainment Group, stating, “The journey has been both professionally rewarding and personally enriching.” His contributions over the past seven years have been vital in shaping the company’s strategic direction.
This leadership change is expected to strengthen Galaxy Entertainment Group’s financial oversight as it navigates evolving industry challenges. Stakeholders are advised to keep an eye on how Arasi’s extensive experience will influence the company’s future strategies and operations.
As this story develops, further updates will provide insights into the impact of this transition on Galaxy Entertainment Group’s trajectory in the competitive gaming and hospitality sectors.
