Galaxy Entertainment Group (GEG) has declared a pay raise for eligible team members at the Senior Manager grade and below, effective from April 1, 2024.

Both the VIP and mass-market segments, along with higher costs incurred for new hotel openings and sponsorship events, are factors that dragged Galaxy Entertainment Group's (GEG) 4Q23 performance, according to investment bank Goldman Sachs. 

Macau gaming operator Galaxy Entertainment Group (GEG) has announced a '2023 discretionary bonus' for its employees, equivalent to one month's salary and guaranteed tips (if applicable). The bonus is set to be awarded to eligible team members at the Senior Manager grade and below.

Macau gaming operator Galaxy Entertainment Group (GEG) officially opened Phase 3 on Wednesday, with the goal of establishing a new cultural landmark in the gaming hub.

Galaxy Entertainment Group’s COO, Kevin Kelley, says that the group is firmly focusing its efforts on Macau – not currently placing boots on the ground in new emerging markets such as Thailand and the UAE.

Galaxy Entertainment continued to see strong returns in the third quarter, with revenues up 374 percent yearly, topping $1.24 billion. The results reflected the overall upturn of the Macau market, and support its ongoing build out within Cotai.

Despite attempts by the founder of Philippine gaming operator DigiPlus Interactive to restart talks on the development of a casino on Boracay island, Macau gaming operator Galaxy Entertainment Group has firmly denied that it will be involved in the project. Galaxy appears firmly focused on its Macau operations, ramping up its new phases and focusing its investment on its primary income source.

The founder of former Leisure and Resorts World Corporation (LRWC), Alfredo Benitez, says that he intends to go ahead with the stalled $500 million casino-resort on Boracay island, in the Philippines, alongside Macau-based gaming partner Galaxy Entertainment Group.

Macau continues to roar back, with Galaxy Entertainment set to hit pre-pandemic levels, as its Phase 3 opening drives increased revenue and visitation to the property. Meanwhile, the long-lost Macau Legend has announced its decision to divest of its assets in Cambodia and Cape Verde, cementing its future in Macau, for better or worse.

Macau casino operator Galaxy Entertainment Group (GEG) is set to help revitalize Lai Chi Vun, the old shipyards in Coloane.