Thursday, May 2, 2024

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Galaxy Macau’s 3Q23 performance soars to 121 percent of 2019 levels

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 Macau and Alipay+ team up with Macau Pass to enhance the Korean tourist experience

Macau's payment provider, Macau Pass, is collaborating with Kakao Pay, South Korea's popular mobile payment and digital wallet service, on two discount promotions held in Macau before and after the Asian Games. This partnership leverages Alipay+'s cross-border digital payments and marketing solutions, which aim to facilitate cross-border mobile payments for Korean travelers seamlessly.

Galaxy Macau to open the world’s largest Andaz Hotel on September 15th 

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 at Galaxy Macau soft opening by mid-August: Official

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.

Raffles Hotel at Galaxy Macau’s opening postponed due to labor shortage

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. 

Raffles Hotel at Galaxy Macau to open in April: sources

Galaxy Entertainment Group (GEG) is planning to announce open its new signature hotel project Raffles in April, according to sources. The hotel features approximately 450 suites and had been planned to open in the second half of 2021.

AGTech partners with Galaxy Macau for entertainment shows and events

AGTech Holdings Ltd has announced that it has signed a three-year “strategic agreement” with Galaxy ICC & Arena Ltd, a subsidiary of Macau casino operator Galaxy Entertainment Group Ltd, for organizing cultural and entertainment activities in Macau. 

Galaxy sees 75% y-o-y drop in 3Q22 GGR, to $117.01mln, Galaxy Macau hotel occupancy of just 26%

Galaxy Entertainment Group (GEG) has reported that its gross gaming revenue for the third quarter has dropped 75 percent annually and 34 percent quarter-to-quarter, reaching just HK$918 million ($117

Galaxy Macau and Hotel Okura Macau received green certifications and awards

Galaxy Macau and Hotel Okura receive green certifications and awards, while launching Energy and Environmental Conservation Month.

Galaxy 2Q revenue up 9% from prior quarter, led by Galaxy Macau

Galaxy Entertainment 2Q21 revenue increased 9 percent from 1Q, with four straight quarters of rising gross gambling revenue, despite rolling Covid outbreaks.