HONG KONG, May 12, 2022--Galaxy Entertainment Group ("GEG", "Company" or the "Group") (HKEx stock code: 27) today reported results for the three month period ended 31 March 2022. (All amounts are expressed in Hong Kong dollars unless otherwise stated)
HONG KONG, November 11, 2021--Galaxy Entertainment Group ("GEG", "Company" or the "Group") (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2021. (All amounts are expressed in Hong Kong dollars unless otherwise stated)
U.S. casino giant Las Vegas Sands is facing a $12 billion lawsuit from a former partner in a Macau court, in a case set to shine a light over how coveted casino licenses were awarded in the world's biggest gambling hub two decades ago. Former partner Asian American Entertainment Corporation, headed by Taiwanese businessman Marshall Hao, is seeking damages of around 70% of Sands’ Macau profits from 2004 to 2022. The trial, starting June 16, alleges that Sands breached its contract with Asian American for a casino license in Macau, the only legal gambling destination in China.