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Galaxy Entertainment Group

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Galaxy Entertainment Group
Galaxy Entertainment owns and operates hotels and casinos in Macau, including its flagship Galaxy Macau on the Cotai Strip, as well as Broadway Macau and StarWorld Macau. The company was one of three original concessionaires in Macau when the gaming sector was liberalised in 2002, and most recently its licence was renewed for the 2022-2033 period.
A street scene in Macau. Photo: Eugene Lee

Macau’s closure of satellite casinos to favour licensed resort operators

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Hong Kong stock market

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WuXi Biologics and Meituan are among four companies getting a US$2.6 billion stock-buying support following a punishing two weeks as the Hang Seng Index slides to a 13-month low.

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A screen in the Hong Kong stock exchange’s Connect Hall showing the Hang Seng Index level on December 6, 2023. Photo: Mia Castagnone
Asia travel

Galaxy Macau unveils Andaz Macau and Raffles at Galaxy Macau

Galaxy Macau has recently added two magnificent luxury hotels, Andaz Macau and Raffles at Galaxy Macau, to its portfolio, both world-class establishments that redefine the concept of luxury.

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Galaxy Entertainment Group
Macau

Video | Macau rethinks its casino hub role in post-Covid era

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Macau

Macau’s casino operators reveal plans for new attractions outside gaming

Macau’s six casino operators are expected to pump US$14.7 billion into the local economy with non-gaming projects required for new gambling licenses.

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A general view of Bank of China (left), Grand Lisboa and Casino Lisboa (centre) and Wynn Macau (right) in Macau on December 15, 2019. Photo: AFP
Macau

7 companies vie for Macau’s 6 casino licences in beauty parade

The beauty parade was the culmination of years of work by Macau’s government to reform betting in the world’s gambling capital, as it continues to navigate a fine balance between a fiscal reliance on casino taxes, and Beijing’s push to diversify the city’s economy from betting.

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Macau

Macau’s casinos get in regulators’ cross hairs, wiping out stock values

The consultation, released a day after the city’s second Five Year Development Plan, is likely to translate into a new gambling law, most likely coming into effect before Macau’s six casino concessions expire in June 2022.

Macau

Macau extends gambling licenses of SJM, MGM China until 2022

With the extension, the casino concessions of SJM and MGM China would be synchronised with Sands China, Wynn Macau, Galaxy Entertainment and Melco Resorts.

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Macau extends gambling licenses for SJM and MGM China until 2022 to synchronise expiry date of all six casino concessions

Galaxy shines from high-stakes play

Adjusted earnings before interest, taxes, depreciation and amortisation for the quarter to March rose to HK$2.77 billion from HK$2.15 billion a year ago, Galaxy said in a statement. The median estimate of six analysts was HK$2.79 billion.

Galaxy Entertainment's flagship casino resort, Galaxy Macau hotel. The firm is spending HK$16 billion on its next phase of growth. Photo: AFP

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Spending on advertising hits record high

Effective response to emerging trends

Galaxy Macau plasters MTR station with ads

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Galaxy Entertainment swings to HK$1b profit after debt buyback

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Macau plays down but seen as recession-proof opportunities

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'Jackpot' winner unlikely to receive prize

Casinos come to the party

Company profile - Galaxy Entertainment Group

Challenge to odds of schooling in Macau

Galaxy suffers HK$1.5b loss after charges

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