Galaxy Entertainment Group has announced a strategic partnership with Tencent’s music arm, TME Live, to co-organize ‘a vast range of exciting performances an entertainment extravaganzas, both in-venue or online’.
Galaxy Entertainment Group (GEG) announced an encouraging third quarter of 2023, with net revenue rising to HK$9.7 billion ($1.24 billion), representing a 374 percent year-on-year increase.
Galaxy Entertainment Group has officially opened its new 700-room Andaz Hotel - the largest of the brand worldwide - in Macau on September 15th.
Galaxy Entertainment Group (GEG) announced an encouraging second quarter of 2023, with net revenue rising to HK$8.7 billion ($1.1 billion), representing a 257 percent year-on-year increase and a 23 percent quarter-on-quarter increase.
Andaz Hotel, a luxury hotel part of Cotai casino resort Galaxy Macau, is planning its official opening on September 15th, following the launch of Raffles Hotel in the same integrated resorts (IR) in mid-August.
Raffles Hotel, a luxury hotel part of Cotai casino resort Galaxy Macau, is planning its soft opening on August 16th. The news was shared on Wednesday on the Galaxy Entertainment Group (GEG) 's Facebook page.
Galaxy Entertainment Group (GEG) has announced a strong first quarter of 2023, with adjusted EBITDA rising to HK$1.91 billion - $244.22 million - (reversing a loss in the previous quarter), as net revenue rose by 72 percent yearly and 142 percent quarterly to HK$7.05 billion ($901.45 million).
After seeing the local staffing shortage worsen, Raffles Hotel at Galaxy Macau will not be ready for its planned opening date before the Labor Day Golden Week.
After the sunshine comes the rain. At least that's the attitude of Galaxy's Chairman, who notes he is "optimistic" about the company's ongoing recovery in 2023, even after it posted a $439 million loss last year.