Tag Archives: Galaxy Entertainment
China – Galaxy’s 2023 GGR spikes by 322 per cent as both mass and VIP make comeback
Macau casino operator Galaxy Entertainment continue to bounce back from the pandemic generating revenue of $35.7bn in 2023, up a staggering 211 per cent year-on-year. The Group’s total GGR on a management basis in 2023 was $31.7bn, up 322 per cent year-on-year. Mass GGR was $26.5bn, up 328 per cent year-on-year. VIP GGR was $3.4bn, up…
China – Galaxy shows sequential improvement of 97 per cent in mass and 164 per cent in VIP
Macau casino operator Galaxy Entertainment posted revenue of $11.5bn, down 42 per cent year-on-year. Adjusted EBITDA was $0.6bn versus $3.5bn in 2021, leading to a loss of US$433m. The good news came in the improved performance in the fourth quarter with revenues of US$229m, up 99 per cent on the previous quarter with mass GGR…
China – Galaxy falls 52 per cent with 12 days of closures taking its toll
Macau’s troubles continued to weigh heavily on Galaxy Entertainment Group with net revenue down 52 per cent from last year and 16 per cent quarter-on-quarter with VIP play contributing little. Adjusted EBITDA was HK$581m versus HK$503m in Q3 2021 and HK$384m in Q2 2022. Galaxy Macau is the primary contributor to the group’s revenue and…
Kitajska – Galaxy se leta 53 vrača s 2021-odstotnim medletnim izboljšanjem
Macau operator Galaxy Entertainment posted Net Revenue of $19.7bn, up 53 per cent year-on-year. Adjusted EBITDA was $3.5bn versus $1bn in 2020, which included a one-off expense reversal benefit of $0.2bn in Q4 2021. Net profit attributable to shareholders was $1.3bn versus $4bn in 2020. Galaxy Macau’s Adjusted EBITDA was $2.9bn versus $0.9bn in 2020….
Kitajska – SJM in Galaxy naj ohranita trenutne dogovore z operaterji izletov
Upravljavca igralnic v Macau SJM Holdings in Galaxy Entertainment Group sta potrdila, da bosta spoštovala svoje obstoječe dogovore z operaterji izletov vsaj do konca svojih trenutnih poslov. Morgan Stanley je dejal, da bi lahko več igralniških skupin prekinilo svoje dogovore z izleti. Tak Chun, drugi največji operater junketov v Macau, je potrdil, da imajo nekatere igralnice...
China – Hotels less than half full as Galaxy falls by 23 per cent
With hotel occupancy running at 45 per cent, Macau operator Galaxy Entertainment saw a dip in revenues over its third quarter by 23 per cent from the previous quarter but up 176 per cent year on year. Group Net Revenue was $4.3bn, Vs $1.6bn in Q3 2020 and $5.6bn in Q2 2021. Group Adjusted EBITDA…
Filipini – Leisure and Resorts World se 'veseli' nadaljevanja pogovorov o Boracayu z Galaxyjem
Leisure and Resorts World Corp (LRWC) je dejal, da se še ni pogovarjal s svojim nekdanjim projektnim partnerjem Galaxy Entertainment glede ponovne ponudbe za izgradnjo igralniškega letovišča na filipinskem počitniškem otoku Boracay. Leisure and Resorts World je dejal: "Radi bi pojasnili, da se mora podjetje še pogovoriti z našim partnerjem, ...
Filipini – Galaxy v pripravljenosti, saj Filipini odpravijo prepoved novih igralniških projektov
V nepričakovani potezi je PAGCOR, filipinski regulator iger na srečo, potrdil, da odpravlja moratorij, ki ga je leta 2018 uvedel predsednik Rodrigo Duterte za prepoved novih igralniških projektov, in da bo začel preučevati nove aplikacije za igralnice, vključno s tistimi za počitniški otok Boracay. . Ker vlada želi spodbuditi gospodarstvo po ...
Kitajska – Galaxy je prisiljen odložiti odprtje 3. faze Galaxy Macau kljub temu, da se GGR vrača nazaj
Medtem ko je vesel, da so se prihodki v drugem četrtletju okrepili, je operater Galaxy Entertainment iz Macaua potrdil, da je COVID odložil razkritje Galaxy Macau Phase 3 do leta 2022. Podjetje je dejalo, da so omejitve dostopa delovne sile zaradi pandemije COVID-19 povzročile zamudo pri projektu. , ki bo vključeval mednarodni kongresni center Galaxy, več…
