Galaxy Entertainment Group profitable again as 1Q23 EBITDA hits US$244 million

Galaxy’s Banyan Tree Macau appoints first Macau native to helm Forbes five-star hotel

Macau concessionaire Galaxy Entertainment Group returned to profit in 1Q23, with Adjusted EBITDA of HK$1.91 billion (US$244 million) climbing from ...

Credit Suisse: Galaxy Macau Phases 3 and 4 to help drive market share gain via “cluster effect”

by Ben Blaschke

19/04/2023

The impending launch of Galaxy Macau Phase 3 and development of Phase 4 will further strengthen Galaxy Entertainment Group’s (GEG) ...

Macau hotel room rates soar ahead of Chinese New Year holidays

Almost 4,000 rooms across 12 new Macau hotels under development in 1Q23

by Pierce Chan

19/04/2023

The Macau Land and Urban Construction Bureau (DSSCU) said Tuesday that 12 hotels were under construction during the first quarter ...

Galaxy Entertainment Group reports US$433 million loss in 2022 despite strong sequential gain in Q4

by Ben Blaschke

24/02/2023

Galaxy Entertainment Group reported a loss attributable to shareholders of HK$3.4 billion (US$433 million) in 2022, down from a HK$1.3 ...

Galaxy Macau Phase 3 “virtually completed” but opening date unclear

AGTech inks deal to bring live events to Galaxy Macau’s new convention center

by Newsdesk

10/02/2023

Hong Kong-listed AGTech Holdings Limited has announced a new strategic cooperation agreement with Galaxy ICC & Arena Limited, a subsidiary ...

Tag: Galaxy Macau