Tagged galaxy macau

Depressing first-quarter financials for Galaxy Entertainment Group Limited

May 12, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

Macau casino operator Galaxy Entertainment Group Limited has released its unaudited financial results for the first three months of 2022 showing that its aggregated net revenues had fallen by 20% year-on-year t...

Galaxy Entertainment Group Limited becomes latest to abandon junket firms

Adam Morgan

January 20, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships, Crime

Galaxy Entertainment Group Limited has reportedly followed fellow Macau casino operators Melco Resorts and Entertainment Limited and Wynn Macau Limited in publicly announcing that it is no longer working with j...

Galaxy Entertainment Group Limited posts mixed third-quarter financials

Adam Morgan

November 11, 2021

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Macau

Macau casino operator Galaxy Entertainment Group Limited has released its unaudited third-quarter financial results showing that it experienced an increase of 176% year-on-year in net revenues to approximately ...

Galaxy Entertainment Group Limited heralds its first-half return to profit

Adam Morgan

August 12, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

Asian casino operator Galaxy Entertainment Group Limited has reportedly released its first-half financial results showing an improvement of almost 133% year-on-year in net profit to approximately $121.7 million...

Galaxy Entertainment Group Limited abandons Yokohama casino license race

Adam Morgan

May 18, 2021

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

Asian casino operator Galaxy Entertainment Group Limited is reportedly out of the race to help bring an integrated casino resort to the Japanese city of Yokohama after deciding not to take part in the request f...

Galaxy Macau planning to debut all-suite Raffles-branded hotel later this year

Adam Morgan

March 2, 2021

Casino News, Latest Casino and Gambling News, New Hotels, Casino expansion projects, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

French multinational hospitality behemoth Accor SA has reportedly announced the signing of an agreement that is to see it bring a Raffles-branded hotel to the giant Galaxy Macau development. According to a M...

Galaxy Macau planning to feature eight new hotels by the end of 2025

Adam Morgan

February 25, 2021

Casino News, Latest Casino and Gambling News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, Macau

Asian casino operator Galaxy Entertainment Group Limited has reportedly announced that it eventually intends to bring eight new hotels offering a total of at least 3,000 rooms and villas to its giant Galaxy Mac...

Galaxy Entertainment Group to commence Galaxy Macau Phase 4 development

K Morrison

February 22, 2021

Latest Casino and Gambling News, Casino News, World Casino News, Casino expansion projects, Casino project updates, Gaming Industry News, Asian Casino News, Macau, Mergers, Acquisitions & Partnerships

As part of its ongoing expansion in Macau, Galaxy Entertainment Group Ltd (27:Hong Kong) (GEG) has announced its Galaxy Macau Phase 4 project, which comes in at a reported cost of MOP$13.01 billion (US$1.63 bil...

Galaxy Entertainment Group Limited records promising third-quarter financials

Adam Morgan

November 10, 2020

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau

Asian casino operator Galaxy Entertainment Group Limited has reportedly released its financial results for the third quarter showing that its overall net revenues rose by 34% when compared with the previous thr...

Galaxy Entertainment Group to continue with projects in Macau and Japan despite COVID-19 impact

Sadonna Price

November 10, 2020

Latest Casino and Gambling News, Casino expansion projects, Gaming Industry News, Asian Casino News

While the COVID-19 pandemic has affected nearly every business around the globe, including the gambling industry, Galaxy Entertainment Group says existing expansion plans will continue. The company is still wor...

Dire second-quarter financials for Galaxy Entertainment Group Limited

Adam Morgan

August 13, 2020

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau

Asian casino operator Galaxy Entertainment Group Limited has reportedly released its second-quarter financial results showing that it experienced a loss of approximately $176.77 million as its overall net reven...

Fourth-quarter frustration for Galaxy Entertainment Group Limited

Adam Morgan

February 27, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau

Asian casino operator Galaxy Entertainment Group Limited has reportedly released its financial results for the final three months of 2019 showing an 8.4% drop year-on-year in company-wide net revenues to approx...

Macau visitor numbers decline amid ‘Wuhan virus’ fears

Adam Morgan

January 27, 2020

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau

In Macau and aggregate tourist numbers reportedly dropped by almost 50% year-on-year on Friday and Saturday amid growing apprehension surrounding the spread of the highly-infectious ‘Wuhan virus’ that has alrea...

Macau inaugurates long-awaited MLRT passenger railway

Adam Morgan

December 10, 2019

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

Following over 15 years of planning and construction and the initial stage of the Macau Light Rapid Transit (MLRT) system reportedly opened earlier today to give the casino-laden city its first ever passenger r...

Suncity Group to debut refurbished Galaxy Macau VIP gaming lounge

Adam Morgan

September 19, 2019

Casino News, Latest Casino and Gambling News, Casino expansion projects, Macau, Mergers, Acquisitions & Partnerships

In Macau and prominent Asian junket firm, Suncity Group, has reportedly announced that it will be premiering a refurbished VIP gaming lounge inside the giant Galaxy Macau property from Tuesday. According to ...