Macau gaming operator Galaxy Entertainment Group's chairman, Lui Che Woo, has emerged as one of the top 10 wealthiest tycoons on Forbes' 2024 list of Hong Kong's 50 Richest

Galaxy Entertainment Group’s chairman, vice-chairman, and three Lui family members have been granted share options and share grants in the company.

Lui Che Woo, Chairman of Macau gaming operator Galaxy Entertainment Group (GEG), says that he respects the authorities' decision to effectively shut down all junket room business in the city, as “the business is no longer recommended by local government”. 

Galaxy Entertainment Group (GEG) has announced strong financial results for the fourth quarter and full year 2023, which allowed for the group to advance with dividend distribution.

Australia's gaming crackdown continues, with The Star facing a new inquiry which is "unimaginable" considering its recently renegotiated terms for employment and cashless gaming at its Sydney casino, notes an expert. In addition, Macau's Chinese New Year revenues continue to impress, but market share gets further divied up.

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 (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 (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.

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).

Forbes’ billionaire list featured 14 Asian-gaming-linked figures this year, most tied to Macau casinos developments. Topping out the gaming tycoons is Miriam Adelson, widow of Las Vegas Sands founder Sheldon Adelson, with an estimated fortune of $35.7 billion.