0027.HK - Galaxy Entertainment Group Limited
| Previous close | 70.650 |
| Open | 70.800 |
| Bid | 69.400 x 0 |
| Ask | 69.450 x 0 |
| Day's range | 69.150 - 71.300 |
| 52-week range | 39.300 - 73.850 |
| Volume | 6,936,007 |
| Avg. volume | 12,482,473 |
| Market cap | 299.85B |
| Beta | 1.21 |
| PE ratio (TTM) | 28.34 |
| EPS (TTM) | 2.451 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 2018-03-23 |
| 1y target est | 76.82 |
- Reuters•22 hours ago
In Vietnam, a mega casino rises with the help of a Macau junket company
Along a three-kilometre (2-mile) stretch of coastline in central Vietnam, construction cranes are digging up mounds of sand and rubble where the country's biggest casino is set to open next year. Driving the project is Suncity Group Holdings Ltd, which has made billions luring high-rollers – mainly from China - to the baccarat tables in the Chinese territory of Macau. Vietnam is betting big on developing a gambling industry, targeting the Chinese tourists who have been flocking to the country in recent years.
- The Wall Street Journal•9 days ago
[$$] Philippines Blocks Casino Project on Island Under Ecological Strain
Macau casino operator Galaxy Entertainment will be blocked from building a $500 million integrated casino development on the resort island of Boracay.
- Reuters•10 days ago
Philippines shelves Galaxy's planned $500 mln casino resort on Boracay
The Philippines on Wednesday shelved a plan by Macau's Galaxy Entertainment Group Ltd to build a $500 million integrated casino-resort on a holiday island that will be closed for a cleanup. Macau casino operator Galaxy last month won a provisional licence for an integrated casino-resort project in the island of Boracay, which Philippine President Rodrigo Duterte called a "cesspool" due to pollution. "There will be no new casino in Boracay," Presidential spokesman Harry Roque said in a news conference in Hong Kong that was aired live in Manila.
- Reuters•10 days ago
Philippines' top resort island Boracay may reopen in four months - minister
The Philippines is looking to shorten the closure period for its most popular holiday hotspot Boracay to four months from six, but the number of visitors allowed when it reopens will be slashed, the tourism minister said on Wednesday. A masterplan to redevelop Boracay, which has turned into a "cesspool" due to pollution according to President Rodrigo Duterte, into a liveable and greener community will be finalised after its rehabilitation, Tourism Secretary Wanda Teo said. "I think we can do it (cleanup) in four months.
- Reuters•20 days ago
Macau casinos post 22 percent revenue gain in March
HONG KONG, April 1 (Reuters) - Gambling revenue in the Chinese territory of Macau posted a 22 percent gain for the month of March, due to sustained demand for gambling in the country's only legal casino ...
- Bloomberg•23 days ago
Record Stock Streak Enriches Casino Tycoon by $12 Billion
Macau’s top casino operator is on a record winning streak as the effects of a Chinese anti-graft campaign fade -- and that’s enriching its owner to the tune of $12 billion.
- Bloomberg•23 days ago
Record Stock Streak Adds $12 Billion to Casino Tycoon's Fortune
Macau’s top casino operator is on a record winning streak as the effects of a Chinese anti-graft campaign fade -- and that’s enriching its owner to the tune of $12 billion.
- Motley Fool•25 days ago
Is Wynn Resorts Ltd. a Buy?
In the wake of founder Steve Wynn's departure, the stock has been volatile. However, the recent sell-off opens a number of opportunities.
- Motley Fool•28 days ago
Wynn Resorts Shuffles the Deck: Steve Wynn Is Out, Galaxy Is In
A multilayered shakeup at the casino resort company could change the power dynamics in gaming.
- Bloomberg•28 days ago
Nevada Regulator to Examine Galaxy After Deal for Wynn Shares
The Nevada Gaming Control Board will look into Galaxy Entertainment Group after the Hong Kong-based casino company’s purchase of a stake in Wynn Resorts Ltd.
- Barrons.com•29 days ago
Steve Wynn Cashes Out, Wynn Resorts Climbs
Steve Wynn, co-founder and former CEO of his namesake Wynn Resorts (WYNN), has officially cashed out. The casino company said Wynn sold his 12% stake on Wednesday and Thursday for $2.1 billion, but the drama isn’t entirely over. Wynn still faces allegations of sexual misconduct brought by female employees detailed in a January article in The Wall Street Journal.
- Reuters•29 days ago
BRIEF-Galaxy Entertainment Group Acquires 5.3 Mln Shares In Wynn Resorts
March 23 (Reuters) - Galaxy Entertainment Group Ltd : * TRANSACTION IN RELATION TO AN ACQUISITION OF SHARES IN WYNN RESORTS, LIMITED * DEAL FOR US$927.5 MLN * DEAL INVOLVES THE ACQUISITION SHARES OF 5.3 ...
- The Wall Street Journal•29 days ago
[$$] Wynn Resorts Enters a New Galaxy
Steve Wynn shed his stake in the casino giant he co-founded. On the same day, Wynn Resorts said it would issue a near-5% stake to rival Galaxy Entertainment. Both moves look sensible.
- Bloomberg•29 days ago
Wynn's Pain Is Rivals' Gain
The territory's six casino licences are set to expire between 2020 and 2022. Some consolidation could be a good thing.
- Reuters•29 days ago
Steve Wynn sells stake in company he founded, Macau casino Galaxy buys in
In an unexpected separate move, Macau casino operator Galaxy Entertainment said it has agreed to buy 5.3 million primary shares of Wynn Resorts at $175 per share, giving them around a 5 percent stake in the operator which has resorts in Las Vegas and Macau. Galaxy is one of six licensed operators in the world's largest gambling hub of Macau and competes with Wynn along with Sands China (1928.HK), MGM China (2282.HK) and Melco Resorts (MLCO.O). The casino mogul’s share sale comes a week after Wynn Resorts said Steve and Elaine Wynn, who has a 9.26 percent stake, had scrapped a shareholder agreement that prevented them from selling their stakes.
- Reuters•29 days ago
Former Wynn Resorts CEO Steve Wynn sells entire stake in company
March 22 (Reuters) - Wynn Resorts Ltd said on Thursday that former Chief Executive Steve Wynn no longer holds a stake in the company after he agreed to sell all his remaining 8 million shares in privately ...
- Reuters•29 days ago
BRIEF-Galaxy Entertainment Agrees To Purchase 5.3 mln Primary Shares Of Wynn Resorts At $175 Per Share
March 22 (Reuters) - Wynn Resorts Ltd: * GALAXY ENTERTAINMENT GROUP AND WYNN RESORTS LIMITED ANNOUNCE INVESTMENT * GALAXY ENTERTAINMENT AGREED TO PURCHASE 5.3 MILLION PRIMARY SHARES OF WYNN RESORTS ...
- Bloomberg•29 days ago
Galaxy Buys Wynn Resorts Stake in Possible Prelude to Deals
Galaxy Entertainment Group. Ltd. agreed to buy a stake in Wynn Resorts Ltd., in a surprise move that could have implications for the casino industry in the U.S. and China.
- Bloomberg•29 days ago
Steve Wynn Sells Remaining Shares; Galaxy Gets 5% Stake
Steve Wynn sold his remaining 8 million shares in Wynn Resorts Ltd., swiftly eliminating one of his last ties to the casino company he founded.
- Reuters•last month
BRIEF-Leisure And Resorts World Corp Clarifies On Revenue From Joint Venture
March 22 (Reuters) - Leisure And Resorts World Corp: * CLARIFIES ON NEWS ARTICLE ENTITLED “BORACAY CASINO SEEN EARNING $100M A YEAR” * CLARIFIES JOINT VENTURE CO WILL EARN REVENUES FROM REAL ESTATE IN ...
- Reuters•last month
Philippines set to issue license to Galaxy's $500 mln casino resort
MANILA, March 20 (Reuters) - Macau casino operator Galaxy Entertainment Group Ltd is set to bag a license for its up to $500 million-integrated casino-resort project in central Philippines, Manila's gaming ...
- Reuters•2 months ago
Macau casino owner Galaxy's profit surges, plans Philippine resort
Macau casino operator Galaxy Entertainment Group posted a 67 percent jump in full-year net profit as Chinese high rollers returned to the world's biggest casino hub. Galaxy, one of six listed casino operators in the Chinese territory of Macau, the only place in the country where citizens are legally allowed to gamble, reported HK$10.5 billion ($1.34 billion) in net profit attributable to shareholders for 2017. The company said VIP rolling chip volume, or betting volume by wealthy gamblers at its flagship casino Galaxy Macau, rose 27 percent to HK$621.5 billion last year.
- Reuters•2 months ago
BRIEF-Galaxy Entertainment Group Posts FY Net Profit Attributable HK$10.50 Bln
Feb 28 (Reuters) - Galaxy Entertainment Group Ltd: * DECLARED A SPECIAL DIVIDEND OF HK$0.41 PER SHARE * FULL YEAR GROUP REVENUE INCREASED BY 18% YEAR-ON-YEAR TO HK$62.5 BILLION * FY NET PROFIT ATTRIBUTABLE ...
- Reuters•4 months ago
Macau's Galaxy Entertainment plans up to $500 mln Philippine casino resort
Macau casino operator Galaxy Entertainment Group Ltd plans to invest as much as $500 million to build an integrated casino-resort in the Philippines, the company and Manila's gaming regulator said on Friday. Galaxy and local partner Leisure and Resorts World Corp are seeking regulatory approval for the $300-$500 million casino project in the central Philippine island of Boracay, Philippine Amusement and Gaming Corp (Pagcor) President Alfredo Lim told Reuters.
- Bloomberg•4 months ago
Galaxy Entertainment Says It's Planning Resort in Philippines
Galaxy Entertainment Group Ltd. is planning to develop a resort in the Philippines as casino operators seek out new markets for growth.
