Francis Lui, GEG chairman, noted that the third-quarter performance was affected by the government-mandated 33-hour casino closures during Typhoon Ragasa.
Macau.- Galaxy Entertainment Group (GEG) has published its financial results for the third quarter of 2025. Gross gaming revenue (GGR) was HK$12.2bn (US$1.57bn), up 21 per cent year-on-year and 2 per cent compared to the previous quarter. This contributed to net revenue of HK$12.16bn (US$1.56bn), up 14 per cent year-on-year and 1 per cent quarterly.
Mass GGR was HK$9.5bn (US$1.22bn), up 13 per cent yearly and 7 per cent quarterly. VIP GGR (HK$2bn) saw a year-on-year increase of 86 per cent but was down by 15 per cent from the second quarter of 2025.
Electronic GGR increased by 11 per cent year-on-year but declined by 6 per cent quarter-on-quarter to HK$738m ($94.92m). Adjusted EBITDA reached HK$3.3bn ($424.44m), up 14 per cent compared to Q3 2024.
Galaxy Macau
The Galaxy Macau property generated HK$10.09bn (US$1.3bn) in net revenue, representing a 20 per cent year-over-year increase and a 1 per cent sequential rise. Gaming revenue accounted for HK$8.54bn (US$1.09bn) of this total, a 23.27 per cent yearly increase but a slight decline from HK$8.56bn (US$1.1bn) in the second quarter.
The rolling chip volume reached HK$64.03bn (US$8.24bn), up 49.3 per cent annually. The mass table drop increased by 13.6 per cent year-on-year and 2 per cent from the prior quarter.
StarWorld
At the group’s StarWorld property on the peninsula, net revenue reached HK$1.26bn (US$162.06m), down 5.5 per cent yearly but up by 7.85 per cent sequentially. Net gaming revenue declined year-on-year but edged up slightly from Q2 to HK$1.14bn (US$146.6m).
Electronic gaming volume registered a 13.2 per cent annual increase and a 3.8 per cent quarterly rise to HK$9.63bn (US$1.24bn). This was largely due to the completion of the Level 3 upgrade.
Broadway Macau
At Broadway Macau, net revenue reached HK$62m (US$7.97m), steady year-over-year but up 22 per cent sequentially. Adjusted EBITDA decreased to HK$1m (US$128,620), compared to HK$11m (US$1.41m) last year and HK$4m ($514,470) in the second quarter.
In a statement, Francis Lui, GEG chairman, noted that the third-quarter performance was affected by the government-mandated 33-hour casino closures during Typhoon Ragasa. Potential guests cancelled trips, and there was a noticeable drop in visitation in the days following the typhoon.
Francis Lui, GEG chairman, noted that the third-quarter performance was affected by the government-mandated 33-hour casino closures during Typhoon Ragasa. Macau.- Galaxy Entertainment Group (GEG) has published its financial results…
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