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Galaxy partners with Tencent’s music arm to leverage entertainment at its arena
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’s strong finances fuel growth in Macau and potential entry into Thailand: CBRE
Galaxy Entertainment Group (GEG) is well-positioned to 'invest heavily' in growth opportunities in Macau and potentially other jurisdictions, such as Thailand, while still returning capital to shareholders through dividends, says CBRE.
Galaxy sees $2.57B in GGR during 1H24, with profit up 52% yearly
Galaxy Entertainment Group has reported a 52 percent increase in net profit for the first half of 2024, totaling over $564.7 million, on the back of a revenue increase of 37 percent yearly, to $2.76 billion.
Daily Asia Gaming eBrief: Galaxy 4Q23 EBITDA nears $358 million
Macau gaming operator Galaxy Entertainment Group saw strong financials in its fourth quarter of 2023, with its most recent results showing EBITDA levels reached nearly $358 million during the period. The impressive metrics led GEG to become 'the first Macau operator' to release a dividend for the period, likely to appease shareholders.
Galaxy results impress, with almost $358M in EBITDA in 4Q23
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.
Galaxy Entertainment’s Phase 3 aims to create a cultural landmark in Macau
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 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 Entertainment officially opens Andaz Hotel in Macau
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 sees net revenue reach $1.1 billion in 2Q23
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 holds Raffles Hotel soft opening
Gaming operator Galaxy Entertainment Group has initiated the soft opening of its new Raffles Hotel hotel in Cotai today. The all/suite hotel is a partnership between Galaxy with Accor and Raffles Hotels & Resorts, and features 450 suites.