Saturday, August 13, 2022

Galaxy touts Nikkei Asia300 ranking


Galaxy Entertainment Group celebrated its inclusion this week on the Nikkei Asia300 Investable Index, which is designed to recognize Asia’s biggest and fastest-growing companies.

Galaxy was one of 34 Hong Kong-listed companies to be included on the list, and the only Hong Kong gaming company.

A press release stated, “Participation in the Nikkei Asia300 Investable Index and Nikkei Asia300 Index marks a significant milestone in GEG’s history, as the company embarks upon its bid for an Integrated Resort license in Japan, and follows the company’s recent announcement of its plans to develop a world class eco-friendly resort in the Philippines.”

In December, Galaxy also touted its partnership with Société des Bains de Mer (SBM), the Monaco-based resort company, as it seeks an IR license in Japan.

Galaxy appears to be among those international operators such as Caesars and Hard Rock likely to bid for both major urban markets and regional locations in Japan.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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