Galaxy Macau | World Casino News

Fourth-quarter frustration for Galaxy Entertainment Group Limited

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

Latest Casino and Gambling News, Casino 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

Latest Casino and Gambling News, Casino 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 ...

Steelman Partners LLP selected to design latest NagaWorld expansion

Adam Morgan

July 22, 2019

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

Asian casino operator, NagaCorp Limited, has reportedly announced that American architectural firm Steelman Partners LLP will be handling the design of the planned $3.52 billion expansion for its NagaWorld comp...

Macau recovers to post improved June aggregated gross gaming revenue figures

Adam Morgan

July 2, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The over 35 casinos in Macau had a great June after seemingly weathering an ever-slowing Chinese economy and associated high-roller timidity to post a 5.9% increase year-on-year in aggregated gross gaming reven...

Galaxy Entertainment Group Limited investigating wrongful name use claim

Adam Morgan

January 7, 2019

Latest Casino and Gambling News, Casino News, Fines, Lawsuits & Litigation, Vietnam

Asian casino operator, Galaxy Entertainment Group Limited, has reportedly announced that it is investigating a claim that its name is being illegally used to promote a gambling facility located along the shores...

JinMen8 in-house VIP gaming lounge opening at Galaxy Macau

Adam Morgan

September 26, 2018

Latest Casino and Gambling News, Casino News, Casino expansion projects, Macau

In Macau, Asian casino giant, Galaxy Entertainment Group Limited, has reportedly announced that it has spent approximately $37.3 million in order to bring the new JinMen8 in-house VIP gaming lounge to the 50th ...

Poker issues continue in Macau after policy changes

Marie Kelley

May 10, 2018

Latest Casino and Gambling News, Poker Law, China, Poker, Macau

The government of China recently decided to crack down on online poker applications, which has resulted in a series of issues within the poker industry of Macau. To date, two poker rooms have closed and a new t...

Galaxy Macau may begin opening third stage from next year

Adam Morgan

May 4, 2018

Latest Casino and Gambling News, Casino News, Casino expansion projects, Casino project updates, Macau

In Macau, Galaxy Entertainment Group Limited has reportedly declared that the third phase of work on its giant Galaxy Macau integrated casino resort could begin opening in stages as soon as next year followed b...

Successful quarter for Galaxy Entertainment Group Limited

Adam Morgan

May 3, 2018

Latest Casino and Gambling News, Economy/Finance, Macau

Asian casino giant Galaxy Entertainment Group Limited has released its unaudited financial results for the three months to the end of March showing that it chalked up a 32% increase year-on-year in overall reve...

Boracay casino plan may in jeopardy

Adam Morgan

March 26, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, Philippines

In the Philippines, the plan from Galaxy Entertainment Group Limited to build a $500 million integrated casino resort on the small island of Boracay could reportedly be in jeopardy after allegations emerged tha...

Steve Wynn offloads entire stake in Wynn Resorts Limited

Adam Morgan

March 23, 2018

Latest Casino and Gambling News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada

After resigning as Chairman and Chief Executive Officer for Wynn Resorts Limited early last month amid multiple allegations of sexual misconduct, Steve Wynn (pictured) has now reportedly sold off the entirety o...

Galaxy Entertainment Group Limited reiterates Japan interest

Adam Morgan

March 22, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Japan, Licenses, Mergers, Acquisitions & Partnerships

After recently receiving a provisional license for its planned $500 million integrated casino resort in the Philippines, Galaxy Entertainment Group Limited has now reportedly reiterated its interest in bringing...

Profitable year for Galaxy Entertainment Group Limited

Adam Morgan

March 2, 2018

Latest Casino and Gambling News, Economy/Finance, Macau

Asian casino operator Galaxy Entertainment Group Limited has released its financial results for 2017 showing a 61% increase year-on-year in adjusted net profit to $1.4 billion alongside an 18% rise in overall r...