Tag Archives: Galaxy Macau
China – Galaxy’s revenue drops by 34 per cent in first half
Galaxy Entertainment’s first half revenue was down by 34 per cent due to what it described as ‘challenging market conditions.’ The operator, who recently opened Broadway Macau at its expanded Galaxy Macau resort, saw revenues fall by 31 per cent at Galaxy Macau and 42 per cent at its Starworld casino. Despite being open for…
China – TCS John Huxley supplies Galaxy Macau Phase II and Broadway Macau
Galaxy Entertainment Group’s Galaxy Macau Phase II resort and Broadway Macau, Macau’s first major resort since 2012, has opened with 150 gaming tables from TCS John Huxley. TCS John Huxley also supplied a custom designed LED Money Wheel with a Double Money Wheel Blaze table, Double Dragon Sicbo Blaze tables with e-FX Elite 2 number…
China – Galaxy Macau opens phase 2 with Broadway production
The new chapter of Galaxy Macau and Broadway Macau opened its doors witnessed by government officials, high profile dignitaries, socialites and celebrities on May 27. The resort, billed as the Most Spectacular Entertainment and Leisure Destination in the World, has doubled in size in just four years, now standing at a total of 1.1m square…
China – Galaxy expands its universe with Mercury wheels
Macau operator Galaxy Entertainment Group (GEG) has puts its faith in roulette manufacturer Cammegh, to bring roulette gaming to its customers. Galaxy is currently expanding its footprint with the spectacular phase 2 expansion and addition of the Broadway at Galaxy Macau casino, an entertainment and leisure destination opening on May 27. In a market renowned…
China – Galaxy Macau to spend $7.4bn on Broadway expansion
With the Macau government demanding diversification away from gaming, Galaxy Macau has released plans to spend US$7.4bn on an expansion that will include a recreation of New York’s Broadway theater district as it looks to attract even more visitors. The spectacular addition will open its doors on 27 May 2015. Delivering HK$43bn in a planned…
China – Galaxy records 11th quarter of growth
Galaxy Entertainment Group saw a 38 per cent rise in first-quarter revenues as the Macau casino operator with the most space to expand continued to attract more and more customers. Adjusted earnings before interest, taxes, depreciation and amortisation increased to HK$3.8bn in the first quarter. Revenue rose 33 per cent to HK$20.2bn The increase represented…
China – Record year but Galaxy misses analyst targets
Macau heavyweight Galaxy Entertainment posted a 36 per cent increase in net profit for 2013 marking a record year and its tenth consecutive quarter of growth. The group reported record highs in revenue, adjusted EBITDA and net profit attributable to shareholders with full year revenue increasing by 16 per cent to $66bn. However with fourth-quarter EBIDTA…
China – Galaxy reports record third quarter revenues
With Macau casino revenue surging by 32 per cent to a record monthly total of 36.5bn patacas ($4.57bn) in October, it is no surprise to see Galaxy Entertainment, one of its leading operators doing likewise. The operator of Star World and Galaxy Macau posted record quarterly revenue of HK$16.3bn, an increase of 16 per cent year-on-year…
