TAGGalaxy Entertainment Group
Galaxy Entertainment Group (GEG) is one of the world’s leading resorts, hospitality and gaming companies. It primarily develops and operates a large portfolio of integrated resort, retail, dining, hotel and gaming facilities in Macau. The Group is listed on the Hong Kong Stock Exchange and is a constituent stock of the Hang Seng Index.
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Bloomberry charity arm donates 8 patrol cars to PNP
Bloomberry Cultural Foundation, the charitable arm of Bloomberry Resorts and Hotels, donated eight patrol cars to the Philippines National Police (PNP) on Tuesday.
Sands to introduce AR elements in the redevelopment plan for the old fireworks factory
Macau casino operator Sands China is set to help revitalize various old districts in the city. These include the Iec Long Fireworks Factory, Pátio da Eterna Felicidade, Rua Das Estalagens, and their surrounding areas.
MGM Resorts reaches agreement for IR project in Osaka
MGM Resorts says that it has finally reached an implementation agreement for its massive IR project in Osaka, Japan.
Sega Sammy restructuring European business in move to cut costs
Sega Sammy has announced strict changes to its European business, choosing to cancel the title distribution of certain products in the region.
SkyCity promotes Donna Cooper to a director position
Australia and New Zealand gaming operator SkyCity Entertainment Group has announced the appointment of a new non-executive director to the company’s board. The group, in a Thursday announcement, noted that Donna Cooper had been approved as a non-executive director of the SkyCity board, effective the same day.
26 Capital SPAC dissolution blocked by courts
A US judge has temporarily blocked the dissolution of Special Purpose Acquisition Company (SPAC) 26 Capital after a lawsuit to recover some $1.9 million in legal fees linked to the defunct plan for a merger with Okada Manila operator Universal Entertainment.
FEC separately listing Czech Republic casino subsidiary
Hong Kong-listed real estate giant and gaming operator Far East Consortium (FEC) is planning to spin-ff one of its subsidiaries on the bourse, with a public and international offering of shares.
NagaCorp’s EBITDA unlikely to return to pre-Covid values
The demise of the VIP junket sector likely means Cambodia casino operator NagaCorp's EBITDA will unlikely return to pre-covid 'anytime soon', as the company had a 'historical over-reliance on VIP GGR, according to the latest investment memo from Citigroup.
Galaxy Entertainment to build synthetic ice rink and urban farm at old shipyards
Macau casino operator Galaxy Entertainment Group (GEG) is set to help revitalize Lai Chi Vun, the old shipyards in Coloane.
Okura turns to profit in 1H23 as expense-cutting measures continue
Pachinko operator Okura Holdings reported 13 percent year-on-year revenue jump in the first half of this year, reporting some revenue increased by approximately JPY6,284 million ($42 million) for the period.
Macau September GGR down 13.2 percent m-o-m, to $1.85 billion
Macau's gross gaming revenue (GGR) reached MOP14.9 billion ($1.85 billion) in September, down 13.2 percent from MOP17.2 billion ($2.1 billion) in August.
