0027.HK - Galaxy Entertainment Group Limited
| Previous close | 62.100 |
| Open | 0.000 |
| Bid | 0.000 x 0 |
| Ask | 0.000 x 0 |
| Day's range | 0.000 - 0.000 |
| 52-week range | |
| Volume | 0 |
| Avg. volume | 10,971,924 |
| Market cap | 274.438B |
| Beta | 1.35 |
| PE ratio (TTM) | 25.93 |
| EPS (TTM) | 2.451 |
| Earnings date | 27 Aug 2018 - 31 Aug 2018 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 2018-03-23 |
| 1y target est | 78.78 |
- Reuters•10 days ago
Authorities across Asia battle illegal gambling surge ahead of World Cup
Law enforcement and regulatory forces in Asia say they are gearing up to fight illegal gambling operators who have ramped up activities in the region ahead of the World Cup, making use of savvy technology and cryptocurrencies to evade prosecution. Illegal gambling on the cup is prevalent in countries like Thailand and Malaysia, where football is hugely popular, but which don't have legal betting alternatives, gambling industry experts say.
- Reuters•14 days ago
Macau clamps down on use of UnionPay cards to dodge currency controls
Authorities in Macau, the world's biggest gambling hub, have told financial institutions to tackle the illegal use of UnionPay cards to evade exchange controls, China's latest move to clamp down on illicit capital outflows. The announcement from Macau's monetary authority late on Wednesday adds to a series of measures being implemented in the Chinese territory as it cracks down on such "illegal acts". The warning to banks came after pawn shops operating in Macau casinos had their UnionPay point-of-sale terminals removed, state broadcaster TDM said this week.
- Simply Wall St.•15 days ago
What Are Analysts Saying About The Future Of Galaxy Entertainment Group Limited’s (HKG:27)?
Galaxy Entertainment Group Limited’s (SEHK:27) most recent earnings update in December 2017 indicated that the business gained from a sizeable tailwind, eventuating to a high double-digit earnings growth of 67.18%.Read More...
- Reuters•20 days ago
Macau casinos post 12 percent revenue gain in May
Gambling revenue in the Chinese territory of Macau posted a lower-than-expected 12.1 percent gain in May, as gamblers wagered less in the country's only legal casino hub. Figures from Macau's Gaming Inspection and Coordination bureau on Friday showed revenues stood at 25.5 billion patacas ($3.16 billion), just shy of the previous month's 25.7 billion patacas. The higher revenue in May still marks the 22nd month of consecutive rises, with revenue gains in the former Portuguese colony surging after plunging to five-year lows on slowing economic growth and a widespread crackdown on corruption starting in 2014.
- Bloomberg•22 days ago
Galaxy Entertainment Chairman Says No Plans to Boost Wynn Resorts Stake
Galaxy Entertainment, the largest casino operator in Macau, bought a 4.9% stake in rival U.S-based Wynn Resorts in a surprise move earlier this year, sparking rumors that the company may be considering ...
- Reuters•22 days ago
Macau court orders $5,000 fine but no jail time for casino hub's youngest lawmaker
A Macau court on Tuesday levied a fine of $5,000 on the territory's youngest lawmaker, but no jail time, at the conclusion of a trial viewed as a test case of transparency and conflict of interest in the world's biggest gambling hub. The lawmaker, Sulu Sou, 26, was ordered to pay a fine of 40,800 patacas ($5,060) on charges of aggravated disobedience over an unauthorised protest outside the home of the Chinese-controlled territory's leader, Fernando Chui. Macau law provides for Sou to be stripped of his duties as a legislator if he spends more than 30 days in jail.
- Reuters•last month
Hong Kong group aims to curb money laundering around Asia
A Hong Kong based NGO backed by regulators, former central bankers and government officials on Wednesday announced an alliance to fight money laundering and regulate the fast growing financial technology space across Asia. The heavyweight meeting, which had government representatives from countries including China, the Philippines, Thailand and Cambodia, aimed to provide an information exchange platform as rapidly evolving technology makes it harder to regulate illicit money flows.
- Reuters•2 months ago
BRIEF-Galaxy Entertainment Group Posts Q1 Group Revenue Of HK$18.5 Bln
May 3 (Reuters) - Galaxy Entertainment Group Ltd: * Q1 GROUP REVENUE OF HK$18.5 BILLION, UP 32% YEAR-ON-YEAR * Q1 GROUP ADJUSTED EBITDA OF HK$4.3 BILLION, UP 36% * CONTINUE TO WORK WITH LOCAL PARTNER TO ...
- Reuters•2 months ago
Macau casino SJM posts 26 pct rise in Q1 profit
HONG KONG, May 2 (Reuters) - Macau casino SJM Holdings posted a 25.8 percent rise in its first-quarter net profit on Wednesday on strong gambling demand in the only place in China where casinos are legal. ...
- Reuters•2 months ago
Macau casinos' revenue jumps 28 pct in April, beats forecast
May 1 (Reuters) - Gambling revenue in the Chinese territory of Macau surged 28 percent in April and beat analyst expectations, helped by solid demand from Chinese betters keen to play in the country's ...
- Reuters•2 months ago
Philippine regulator says Galaxy's $500 mln Boracay casino resort on hold
The Philippines gaming regulator said a plan by Macau's Galaxy Entertainment Group to build a $500 million integrated casino resort on a Philippine holiday island is on hold until the company can convince the president of its "advantages". This is the first time the gaming regulator, Philippine Amusement and Gaming Corp (PAGCOR), has given a clear indication on the status of the project. It had earlier said there was no confirmation on whether the casino was on hold, according to local media reports, even after presidential spokesman Harry Roque announced there "would be no new casino in Boracay".
- Reuters•2 months ago
Shares of China internet poker game firms drop on reports of ban
Shares in Chinese companies offering online and mobile poker games have shed up to a fifth of their value over the past week, following reports in local media that the government would ban all poker-related applications from June 1. Companies like Boyaa Interactive and Our Game have seen their stocks slide up to 18 percent since the informal directive from the country's ministry of culture was reported in local media on April 19. A copy of the directive - circulated in local media and seen by Reuters - asks gaming platforms to stop operating Texas Hold'em games, a variation of poker, forbid services that transfer or trade virtual currency and stop the publication of anything poker or gambling-related on Weibo and WeChat.
- Reuters•2 months ago
BUZZ-HK's Wynn Macau falls as Q1 profit misses estimate
** Shares in Macau casino Wynn Macau slide as much as 5.3 pct as investors lock in profit after first-quarter earnings came in slightly short of forecast ** Weaker-than expected VIP revenues dampen earnings ...
- Reuters•2 months 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•2 months 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•2 months 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•2 months 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•3 months 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 ...
- Motley Fool•3 months 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•3 months 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.
- Barrons.com•3 months 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.
- Bloomberg Video•22 days ago
Galaxy Entertainment Chairman Says No Plans to Boost Wynn Resorts Stake
May.29 -- Galaxy Entertainment, the largest casino operator in Macau, bought a 4.9% stake in rival U.S-based Wynn Resorts in a surprise move earlier this year, sparking rumors that the company may be considering buying a bigger stake down the road. But founder and chairman Lui Che-Woo told Bloomberg in an exclusive that they have no plans to do so and that he's waiting for more clarity around regulations before expanding into mainland China.
