US EditionFavorable VIP hold pushes Galaxy Entertainment Group’s 1Q25 profit to US$412 million
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Favorable VIP hold pushes Galaxy Entertainment Group’s 1Q25 profit to US$412 million
Macau’s Galaxy Entertainment Group (GEG) reported total net revenue of HK$11.2 billion in the first three months of 2025, including gross gaming revenue of HK$10.9 billion (US$1.36 billion) – up 13.6% year-on-year although slightly lower than the HK$11.0 billion (US$1.38 billion) reported in the December quarter. Group-wide Adjusted EBITDA was up 16.3% year-on-year and 1.8% quarter-on-quarter to HK$3.30 billion (US$412.5 million). Industry analy…
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