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Galaxy Entertainment Group Says 2019 Headwinds Impacting Consumer Sentiment & Spending
Galaxy Entertainment Group H1 H1 Profit Attributable HK$6.68 Bln
Galaxy Entertainment Group Says Q1 Group Net Revenue Down 8% Year-On-Year
Galaxy Entertainment Group Limited (GEG) is a hospitality and gaming company. The Company develops and operates hotels, gaming and integrated resort facilities in Macau. The principal activity of the Company is investment holding. The Company, through its subsidiaries, is engaged in operation in casino games of chance or games of other forms, provision of hospitality and related services in Macau, and the manufacture, sale and distribution of construction materials. Its segments are Gaming and entertainment, Construction materials, and Corporate and treasury management. The Company's Galaxy Macau includes approximately 3,600 rooms, suites and villas across five hotels, including The Ritz-Carlton, Macau; Banyan Tree Macau; JW Marriott Hotel Macau; Hotel Okura Macau, and Galaxy Hotel. The Company's Broadway Hotel features approximately 320 rooms and suites, a porte-cochere, valet parking and decor. GEG operates three City Club casinos: Waldo Casino, President Casino and Rio Casino.
1606, 16F, Hutchison House
10 Harcourt Road
Executive Chairman of the Board
Yiu Tung Lui
Executive Deputy Chairman of the Board
Group Chief Financial Officer
Executive Vice President – Hospitality New Resort
Senior Vice President - Casino Customer Services and Supports
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Price To Book (MRQ)
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Total Debt To Equity (MRQ)
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Macau casino operator Galaxy Entertainment Group Ltd posted a 29 percent rise in profit for 2018 due to robust demand from gamblers in the world's biggest casino hub.
* CONTINUE TO WORK WITH LOCAL PARTNER TO SEEK FURTHER CLARIFICATION ON CLOSURE OF BORACAY Source text for Eikon: Further company coverage:
* Actively exploring Japan (Adds details on earnings, expansion plans)
Macau casino operator Galaxy Entertainment Group posted a 36 percent rise in its first-quarter EBITDA due to resurgent demand from gamblers in the world's biggest casino hub.
The Philippines on Wednesday shelved a plan by Macau's Galaxy Entertainment Group Ltd to build a $500 million integrated casino-resort on a holiday island that will be closed for a cleanup.
Steve Wynn, the former chief executive of Wynn Resorts Ltd, has disposed his entire 11.8 percent stake in the firm for $2.1 billion in a dramatic exit of the casino and hotel enterprise he founded over 16 years ago.
* TRANSACTION IN RELATION TO AN ACQUISITION OF SHARES IN WYNN RESORTS, LIMITED
* WYNN RESORTS ANNOUNCES ISSUANCE AND SALE OF 5.3 MILLION SHARES OF COMMON STOCK, STEPHEN A. WYNN’S SALE OF 8.0 MILLION SHARES OF COMMON STOCK, AND AMENDMENT OF 2023 INDENTURE
Macau casino operator Galaxy Entertainment Group Ltd is set to bag a license for its up to $500 million-integrated casino-resort project in central Philippines, Manila's gaming regulator said on Tuesday. Galaxy's casino project in Boracay, the Philippines' most famous holiday...
Macau casino operator Galaxy Entertainment Group posted a 67 percent jump in full-year net profit as Chinese high rollers returned to the world's biggest casino hub.
Macau casino operator Galaxy Entertainment Group posted a 67 percent rise in full-year net profit as Chinese high rollers returned to the world's biggest casino hub.
* FULL YEAR GROUP REVENUE INCREASED BY 18% YEAR-ON-YEAR TO HK$62.5 BILLION
Macau casino operator Galaxy Entertainment Group Ltd plans to invest as much as $500 million to build an integrated casino-resort in the Philippines, the company and Manila's gaming regulator said on Friday.
* Q3 group revenue HK$15.9 bln, up 23 percent Source text for Eikon: Further company coverage: (email@example.com)
Macau casino operator Galaxy Entertainment Group <0027.HK> posted an 81 percent rise in net profit for the first half year due to resurgent demand from gamblers in the world's biggest casino hub.
Macau casino operator Galaxy Entertainment Group <0027.HK> posted a 31 percent rise in adjusted EBITDA in the first quarter as wealthy Chinese gamblers flocked back into the world's biggest gambling hub.
Record earnings at Samsung Electronics Co Ltd's chip division are set to propel the tech giant's first-quarter profit to a three-and-a-half-year high, and the quarters ahead could be even better if its newest smartphone, Galaxy S8, is a success.
Macau casino operator Galaxy Entertainment Group Ltd <0027.HK> on Wednesday said it has partnered Societe des Bains de Mer (SBM) <BAIN.PA>, hoping the Monaco peer will help it trump rivals to win a license in Japan's nascent gambling market.
Societe Anonyme des Bains de Mer et du Cercle des Etrangers a Monaco SA
Macau casino operator Galaxy Entertainment Group <0027.HK> posted a better-than-expected 51 percent rise 2016 net profit, thanks to a recovery in the world's biggest gambling hub, and forecast double-digit gaming revenue growth for this year.
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