Galaxy Entertainment Group

Galaxy Entertainment Group Selected Unaudited Q3 2023 Financial Data

Retrieved on: 
Thursday, November 9, 2023
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HONG KONG, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Galaxy Entertainment Group (“GEG”, “Company” or the “Group”) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2023. (All amounts are expressed in Hong Kong dollars unless otherwise stated)

Key Points: 
  • HONG KONG, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Galaxy Entertainment Group (“GEG”, “Company” or the “Group”) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2023.
  • In Q3 2023 Group Net Revenue increased 374% year-on-year to $9.7 billion and Adjusted EBITDA increased 576% year-on-year to $2.8 billion.
  • Mall rental in Q3 2023 across our portfolio was $379 million, which was equivalent to 114% of 2019 levels.
  • In Q3 2023, the Group posted Net Revenue of $9.7 billion, up 374% year-on-year and up 11% quarter-on-quarter.

Forward Fashion's presents four large-scale arts and cultural projects for Art Macao 2023 with three art brands it operates

Retrieved on: 
Friday, August 18, 2023
Diamond, Simplicity, Morpheus (hotel), Travel, The Parisian Macao, Le Jardin, Cotai Strip, Hong Kong Book Fair, MACAU, Tourism, Visual language, IPS, ASCE, Commerce, Exhibition, Magic, AR, Galaxy, International, The Walt Disney Company, Multimedia, Government, Ministry, Melco Resorts & Entertainment, Form, Central People's Government of the People's Republic of China (1949–1954), Seemabaddha, BE, City, Showroom, The Showroom, Ecosystem, Galaxy Entertainment Group, Nightclub, Entertainment, Creative industries, Dream, Culture, Art

This year's "Art Macao" began on 28 July 2023 and will run until October 2023.

Key Points: 
  • This year's "Art Macao" began on 28 July 2023 and will run until October 2023.
  • During this period, the Group collaborates with over 14 international and local art units to create original art content for Macau.
  • It is also Artelli's first participation in "Art Macao 2023", a major international arts and cultural event in the city, showcased in the form of a collateral exhibition.
  • Through its original art brands Artelli and ASCE, Forward Fashion will collaborate with high-end brands, well-known IPs and artists, to introduce more exclusive and first-of-their-kind collaborative projects.

Hard Rock International Names Ragheb Dajani Senior Vice President of Real Estate Development Division

Retrieved on: 
Thursday, May 18, 2023
Real estate development, Maintenance, Atlantis, Senior, Life, Dajani, Hard Rock Cafe, Sol Kerzner, Atlantis Hotel, Only, Galaxy Entertainment Group, Real estate, Hotel, Hard rock, Development

HOLLYWOOD, Fla., May 18, 2023 /PRNewswire/ -- Hard Rock International has appointed Ragheb "Raj" Dajani as the new Senior Vice President of Development.

Key Points: 
  • HOLLYWOOD, Fla., May 18, 2023 /PRNewswire/ -- Hard Rock International has appointed Ragheb "Raj" Dajani as the new Senior Vice President of Development.
  • In this role, Dajani will be responsible for leading the maintenance of new real estate development prospects, directing real estate development strategy and overseeing the brand's strategic business growth plans and goals.
  • Dajani will report directly to Joe Emanuele, Chief Design and Development Officer at Hard Rock International.
  • "We're thrilled to have Raj join our Real Estate Development team as we continue to further cement the Hard Rock brand as a pillar in the global luxury hospitality space," said Joe Emanuele, Chief Design and Development Officer at Hard Rock International.

Galaxy Macau Takes Part in the Week-long “Experience Macao Unlimited – Macao Exhibition in Lisbon”

Retrieved on: 
Thursday, April 20, 2023
Retail, Luxury, Vacation, Lodging, Destinations, Travel, Tourist Attractions, Taste, Ambassador, Tourism, Exhibition, Life, Golden Joystick Awards, Michelin, Transport, Barceló Bávaro Grand Resort, Secretary for Economy and Finance, Multimedia, Foodie, Broadway Theatre, Office of the Commissioner of the Ministry of Foreign Affairs of the People's Republic of China in the Macao Special Administrative Region, Secretary for Transport and Public Works (Macau), Peafowl, Restaurant, Cineplex Entertainment, Broadway, Galaxy Entertainment Group, MICE, Casino, Hotel, Galaxy Macau

View the full release here: https://www.businesswire.com/news/home/20230419005868/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230419005868/en/
    “Experience Macao Unlimited – Macao Exhibition in Lisbon” Opening Ceremonies took place on the afternoon of 19 April 2023.
  • Galaxy Macau is proud to join the delegation, positioning its one-stop luxury resort experience as Asia’s most exciting destination for leisure, entertainment, dining, events and conferences.
  • Galaxy Macau continues to support the Macao Government’s mission to usher in a new era of tourism for the city.
  • As part of the ongoing enhancements, Galaxy Macau is proud to unveil two new world-class luxury hotels: Raffles Galaxy Macau and Andaz Macau.

CasinoReviews.net Releases Report on Macau Gambling Market: Opportunities and Developments in 2023

Retrieved on: 
Tuesday, March 14, 2023
Casino, Gaming, Entertainment, Online, Gambling, Galaxy Entertainment Group, Sands China, Growth, Doctor of Philosophy, Las Vegas Sands, Government, IGaming Business

CasinoReviews.net , a leading iGaming media publisher, has conducted a thorough analysis of the Macau gambling market in 2023 .

Key Points: 
  • CasinoReviews.net , a leading iGaming media publisher, has conducted a thorough analysis of the Macau gambling market in 2023 .
  • Their newest findings indicate that the market is poised for growth, offering significant opportunities for investors and operators.
  • Macau has long been known as the "Las Vegas of the East," with a thriving gambling industry that generates billions of dollars in revenue each year.
  • However, CasinoReviews.net's research reveals that the Macau market remains steadfast and is poised for continued expansion in the future.

Galaxy Entertainment Group Selected Unaudited Q3 2022 Financial Data

Retrieved on: 
Thursday, November 10, 2022
Casino, Gaming, Lodging, Entertainment, Destinations, Travel, Ecosystem, Quarantine, Health, Macau Government Headquarters, Galaxy Entertainment Group, Group, SARS, Broadway, Travel, Galaxy Macau, Hong Kong Exchanges and Clearing, GEG, COVID-19, Mainland, Safety, EBITDA, Treasury, National, Star World, Raffles, Public health, Galaxy, MICE, Industry, Bookkeeping, Renewable energy, Casino, Video game, Bank, Animal, Beauty salon, Tourism

Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2022.

Key Points: 
  • Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2022.
  • Group Adjusted EBITDA was $(581) million, Vs $503 million in Q3 2021 and $(384) million in Q2 2022.
  • Galaxy Macaus Adjusted EBITDA was $(299) million Vs $454 million in Q3 2021 and $(188) million in Q2 2022.
  • Normalized Q3 2022 Adjusted EBITDA was $(561) million, Vs $483 million in Q3 2021 and $(408) million in Q2 2022.

Galaxy Entertainment Group Selected Unaudited Q1 2022 Financial Data

Retrieved on: 
Thursday, May 12, 2022
Casino, Gaming, Other Retail, Entertainment, Specialty, General Entertainment, Restaurant, Bar, Retail, Destinations, Travel, Tourism, MICE, EBITDA, Public health, Policy, Galaxy Entertainment Group, Health, Galaxy Macau, Guangdong-Hong Kong-Macau Greater Bay Area, COVID-19, Restaurant, Chinese New Year, Safety, Travel, Board of directors, Hong Kong Exchanges and Clearing, GEG, Treasury, Group, Broadway, Government, Raffles, Galaxy, Star World, Bookkeeping, Pharmaceutical industry, Online gambling, Video game, Lithium, Animal

Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three month period ended 31 March 2022.

Key Points: 
  • Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three month period ended 31 March 2022.
  • View the full release here: https://www.businesswire.com/news/home/20220511006186/en/
    Bar Chart of GEG Adjusted EBITDA (Graphic: Business Wire)
    I wish to take this opportunity to update you on the Macau market and our financial performance in Q1 2022.
  • In Q1 2022, the Group posted Net Revenue of $4.1 billion, down 20% year-on-year and down 14% quarter-on-quarter.
  • In Q1 2022, the Groups Normalized Adjusted EBITDA was $572 million after adjusting for good luck of $3 million, down 24% year-on-year and down 38% quarter-on-quarter.

Red Rock Resorts, Inc. appoints Scott Kreeger to position of President

Retrieved on: 
Tuesday, March 1, 2022
Development, Growth, NASDAQ, Wild Wild West Gambling Hall & Hotel, Company, Texas Station, Sale, Revel, Senior, Galaxy Entertainment Group, Marketing, Technology, Red Rock Casino, Resort & Spa, Knowledge, Native, Hotel, Casino, Station Casinos

LAS VEGAS, Feb. 28, 2022 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) announced the appointment of Scott Kreeger to the position of President on February 28, 2022.

Key Points: 
  • LAS VEGAS, Feb. 28, 2022 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) announced the appointment of Scott Kreeger to the position of President on February 28, 2022.
  • "Scott is the right leader for Red Rock Resorts," said Frank Fertitta III, Chairman and Chief Executive Officer of Red Rock Resorts.
  • Red Rock Resorts is a holding company that owns an indirect equity interest in and manages Station Casinos LLC ("Station Casinos").
  • Station Casinos is the leading provider of gaming and entertainment to the residents of Las Vegas, Nevada.

Galaxy Entertainment Group Selected Unaudited Q3 2021 Financial Data

Retrieved on: 
Thursday, November 11, 2021
Commercial Building & Real Estate, Construction & Property, Casino, Gaming, Finance, Entertainment, Professional Services, Lodging, Vacation, Destinations, Travel, GGR, Economic development, Relaxation, Treasury, Safety, Volunteering, Industry, GEG, Ecosystem, Central, Central government, Health, Star World, SME, VIP, COVID, Growth, GICC, Galaxy Macau, COVID-19, MICE, Hong Kong Exchanges and Clearing, International, Program, Macau Government Cantonese Romanization, EBITDA, Government, Raffles, Former Central Government Offices, Travel, Bank, Development, VS, Board of directors, Broadway, Galaxy, Galaxy Entertainment Group, Time, Vaccination, Group, Monaco, Bookkeeping, Casino, Video game, Animal, Lithium

Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2021.

Key Points: 
  • Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2021.
  • Moving onto our Q3 2021 performance, Group Net Revenue was $4.3 billion, Vs $1.6 billion in Q3 2020 and $5.6 billion in Q2 2021.
  • In Q3 2021, visitor arrivals to Macau were 1.8 million, versus 750,204 in Q3 2020 and 2.2 million in Q2 2021.
  • Normalized Q3 2021 Adjusted EBITDA was $550 million, Vs $(940) million in Q3 2020 and $1.1 billion in Q2 2021.

Global Gambling Market Size, Trends & Forecasts Report 2021-2025 with Impact Analysis of COVID-19 - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 5, 2021
Casino, Gaming, Entertainment, Scientific Games, Growth, Flutter Entertainment, Internet, Lists of countries and territories, Gambling, Industry, Galaxy Entertainment Group, International, COVID-19, Animal, Online gambling

The "Global Gambling Market: Size, Trends & Forecasts with Impact Analysis of COVID-19 (2021-2025 Edition)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Gambling Market: Size, Trends & Forecasts with Impact Analysis of COVID-19 (2021-2025 Edition)" report has been added to ResearchAndMarkets.com's offering.
  • This report provides an in-depth analysis of the global gambling market followed by analysis of its segments in terms of value.
  • The report also consists of analysis of gambling market by value in regions such as Americas and Europe.
  • Under competitive landscape, different players in the gambling market have been compared on the basis of revenue generated and market capitalization.