Tuesday, September 27, 2022


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Galaxy revenue down 29 percent in 15Q3


Galaxy Entertainment Group posted revenue of $12.3 billion and adjusted EBITDA of $2.1 billion in 15Q3, year-on-year declines of 29 percent and 36 p

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Galaxy invests in Monaco hotel and casino operator


Galaxy Entertainment Group announced it has invested in an owner and operator of luxury hotels and casinos in Monaco. GEG is acquiring ordinary shares

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Galaxy unlikely to boost June GGR


 Hope that Galaxy Macau was going to bolster revenues may have been mislaid as June GGR is unlikely to go beyond Macau’s month-on-month GGR average

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Another cut to estimates following Macau trip: Morgan Stanley


The hype and grandeur of Galaxy has failed to lift the mood in Macau among more analysts, with Morgan Stanley saying despite the addition of new suppl

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S&P rates Studio City BB- and “stable”


Standard & Poor's Ratings Services said that its rating and outlook on Studio City Co. Ltd. is BB- and “stable” due to the resort not being immedi

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Paradise installs 42 LMG terminals at Galaxy Phase 2


Paradise Entertainment Limited, an electronic gaming solutions provider, announced that it has deployed 42 Live Multi-Game terminals at Galaxy Macau P

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Macau table-only GGR MOP15.6 billion from May 1 to 25: Sterne Agee


Macau table-only gross gaming revenue, including slot assumptions, was MOP15.6 billion ($2bn) from May 1 to May 25, indicating a drop of 38 percent y

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Studio City different from Galaxy in table allocation: Lawrence Ho


Melco Crown CEO Lawrence Ho said he expects Galaxy Phase II’s table allocation to reflect future allocations but stressed his Studio City project an

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Galaxy Entertainment sees revenue decline 32 percent


Galaxy Entertainment Group suffered a 32 percent year-on-year decline in revenue in the first quarter of this year, while adjusted EBITDA during this

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CORRECTION: Galaxy to focus on non-casino services in second-stage project


Galaxy Macau will focus on non-casino services for its second-stage investment project in a bid to diversify its client base to target middle-class Ch

Galaxy Entertainment warns of fake web sites


Galaxy Entertainment has warned that unauthorized online gambling sites are using the trade names of its properties with the intention of defrauding

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