World Gaming Expo

Latest News


Galaxy Entertainment Group boosts 2016 profit by 51%

Galaxy Entertainment Group boosts 2016 profit by 51%

Galaxy-1.jpg

Macau casino operator Galaxy Entertainment Group(GEG) boosted its 2016 profits by more than half despite only modest gains in gaming revenue. Figures released Tuesday show GEG’s full-year revenue rising 4% to HKD 52.8b (US $6.8b) while earnings rose 18% to HKD 10.3b and net profit shot up 51% to HKD 6.3b ($811.6m). GEG chairman Lui Che Woo called the results “very credible and solid” given the well-publicized challenges of the overall Macau casino market

READ MORE


Leave a Reply

Your email address will not be published. Required fields are marked *