πŸ’° Galaxy Entertainment Group Selected Unaudited Q1 Financial Data | Business Wire

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Mass Table Drop 8. StarWorld Macau. Rolling Chip Volume Mass Table Drop Gaming Statistics City Clubs Key Financial Data. This certainly allows us to continue with our development plans, international expansion ambitions and pay special dividends. Total GGR Win 5. Our Japan based team continues with our Japan development efforts. Growth in visitor arrivals is solid driven by the continued build out of infrastructure such as the Hong Kong-Zhuhai-Macau Bridge, the ongoing expansion of the High Speed Rail Network and the integration of Macau into the Greater Bay Area. Mass Table Drop 4. The first quarter proved to be demanding, particularly in the VIP segment. We are also progressing with our efforts in Japan and continue to actively build relationships with all stakeholders. These included the introduction of the full smoking ban plus increased competition from both local and regional casinos that have a significant economic advantage compared to Macau. Group Key Financial Data. Construction Materials Division. It primarily develops and operates a large portfolio of integrated resort, retail, dining, hotel and gaming facilities in Macau. Full Size. For more information about the Group, please visit www. In Q1 , visitor arrivals to Macau were The average length of stay for overnight visitors was 2. During the first quarter, Macau experienced a number of events that impacted the market, most notably in the VIP segment. GEG is uniquely positioned for long term growth. Peter J. GEG is committed to delivering world class unique experiences to its guests and building a sustainable future for the communities in which it operates. GEG is also planning to develop a world class, lifestyle leisure resort on a 2. The 19 th Golden Horse Awards of China. The Group has the largest undeveloped landbank of any concessionaire in Macau. These new developments will cater to the next wave of tourists and the resorts will be the only next generation products in Macau. We are well positioned for future growth with a healthy and liquid balance sheet. Our balance sheet combined with cash flow from operations allows us to return capital to shareholders via special dividends and to fund both our Macau development pipeline and international expansion ambitions. We look forward to formally announcing our development plans in the future. Galaxy Macau TM. Visitor arrivals in the first quarter were We also continue with our efforts in Japan where we have submitted numerous Requests For Information to selected Japanese cities and prefectures. Rolling Chip Volume 3. Gaming Statistics 2. We also continue with planning for a lifestyle resort in Hengqin that will complement our high energy resorts in Macau. We view Japan as a great long term growth opportunity that will complement our Macau operations and our other international expansion ambitions.

All amounts are expressed in HKD unless otherwise stated. Further, we look forward to the election of the next Chief Executive who will take office in We remain confident in the medium to longer term outlook for Macau in general and GEG specifically given the continued growth in demand for tourism, leisure and travel from Mainland China.

We would like to thank all of our hard working staff who contribute greatly to our success and we are actively supporting the Macau Government on achieving galaxy casino macau recruitment vision of building Macau into a World Centre of Tourism and Leisure.

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We also believe the integration of Macau into the Greater Bay Area will be positive for the development of Macau. Whilst there has been some disruption, we believe this enhancement program will make our resorts even more attractive to guests. At the group level the gaming statistics include Company owned resorts plus City Clubs. We continue to make progress with our concept plan for a lifestyle resort on Hengqin that will complement our high energy resorts in Macau. Gaming Statistics 6. Gaming Statistics 9. We anticipate to complete this program in the early part of Macau has continued to see strong growth in visitor arrivals post the opening of the Hong Kong-Zhuhai-Macau Bridge and the continued buildout of the High Speed Rail Network. Log In Sign Up. Rolling Chip Volume 7.