Starworld Macau | World Casino News

Successful quarter for Galaxy Entertainment Group Limited

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...

Pay rise for Galaxy Entertainment Group Limited employees

Adam Morgan

February 28, 2018

Latest Casino and Gambling News, Economy/Finance, Macau, Labor Relations

In Macau, casino operator Galaxy Entertainment Group Limited has reportedly announced that eligible employees are due to receive a pay increase from the first day of April that could be equivalent to up to 8% o...

Galaxy Entertainment Group Limited has big plans in the Philippines

Adam Morgan

December 8, 2017

Latest Casino and Gambling News, Casino proposals, Casino News, Philippines

Hong Kong-listed Galaxy Entertainment Group Limited has reportedly revealed that it wants to spend up to $500 million in order to build a new integrated casino resort in the Philippines. According to a repor...

Macau casino operator targeting “millennial” players to ensure future success

Adam Morgan

May 17, 2017

Latest Casino and Gambling News, Technology, Macau

With the future of the VIP gambling market in Macau remaining uncertain, casino operator Galaxy Entertainment Group Limited has reportedly revealed that it is targeting “millennial” players in order to secure t...

Galaxy Entertainment Group reports improved first-quarter results

Adam Morgan

May 4, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

Hong Kong-listed Galaxy Entertainment Group has released its unaudited financial results for the first quarter showing a 5% increase year-on-year in overall revenues to $1.81 billion alongside a 31% rise in ear...

Good year for Macau casino entrepreneurs

Adam Morgan

January 18, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

After suffering through 26 months of decline, the previous five months have seen the casino market in Macau post improvements in aggregated gross gambling revenues and this has reportedly helped some of the fig...

Galaxy Entertainment Group reports improved third-quarter performance

Adam Morgan

October 27, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

Hong Kong-listed Galaxy Entertainment Group has released its unaudited financial results for the third quarter showing that it experienced a 5% increase year-on-year in overall revenues to $1.66 billion while r...

MGM, Venetian join Galaxy in Macau back tax ruling results

Martin Chua

June 30, 2016

Latest Casino and Gambling News, Macau, Taxation, Fines, Lawsuits & Litigation

Venetian Macau and MGM Macau have had their appeals denied which related to tourism taxes owed from 2011 and 2009 respectively. Galaxy Entertainment Group had previously exercised their last appeal on taxes owe...

Neptune Guangdong Group denies layoffs

Lars Jones

June 11, 2015

Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Macau

Reports here and in several Asian news outlets recently, as well as analysis from Daiwa Securities Group have indicated imminent and actual layoffs by certain Macau junket operators. A report in GGRAsia today s...