Press Release: Galaxy Entertainment Group Q2 and Interim Results 2024

Dow Jones08-15

The Group operates three flagship destinations in Macau: on Cotai, Galaxy Macau$(TM)$, one of the world's largest integrated destination resorts, and the adjoining Broadway Macau(TM), a unique landmark entertainment and food street destination; and on the Peninsula, StarWorld Macau, an award-winning premium property.

The Group has the largest development pipeline of any concessionaire in Macau. When The Next Chapter of its Cotai development is completed, GEG's resorts footprint on Cotai will be more than 2 million square meters, making the resorts, entertainment and MICE precinct one of the largest and most diverse integrated destinations in the world. GEG also considers opportunities in the Greater Bay Area and internationally. These projects will help GEG develop and support Macau in its vision of becoming a World Centre of Tourism and Leisure.

In July 2015, GEG made a strategic investment in Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco ("Monte-Carlo SBM"), a world renowned owner and operator of iconic luxury hotels and resorts in the Principality of Monaco. GEG continues to explore a range of international development opportunities with Monte-Carlo SBM.

GEG is committed to delivering world class unique experiences to its guests and building a sustainable future for the communities in which it operates.

For more information about the Group, please visit www.galaxyentertainment.com

(__________________________________)

(1) Gaming statistics are presented before deducting commission and incentives.

(2) Represents sum of promotor and inhouse premium direct.

(3) Mass table drop includes the amount of table drop plus cash chips purchased at the cage.

(4) Total GGR win includes gaming win from City Clubs.

(5) Reflects luck adjustments associated with our rolling chip program.

(6) Gaming statistics are presented before deducting commission and incentives.

(7) Represents sum of promotor and inhouse premium direct.

(8) Mass table drop includes the amount of table drop plus cash chips purchased at the cage.

(9) Total GGR win includes gaming win from City Clubs.

(10) Gaming statistics are presented before deducting commission and incentives.

(11) Represents sum of promotor and inhouse premium direct.

(12) Mass table drop includes the amount of table drop plus cash chips purchased at the cage.

(13) Gaming statistics are presented before deducting commission and incentives.

(14) Represents sum of promotor and inhouse premium direct.

(15) Mass table drop includes the amount of table drop plus cash chips purchased at the cage.

A photo accompanying this announcement is available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/6b87deaa-64cc-46e4-ace3-c57a06dc8ef6

https://www.globenewswire.com/NewsRoom/AttachmentNg/16f95e83-f692-4f94-b7c7-35e368d4c466 

For Media Enquiries: 
 
Galaxy Entertainment Group - Investor Relations 
Mr. Peter J. Caveny / Ms. Yoko Ku / Ms. Joyce Fung 
Tel: +852 3150 1111 / Email: ir@galaxyentertainment.com

(END) Dow Jones Newswires

August 15, 2024 04:04 ET (08:04 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment