Macau’s Galaxy Entertainment Group reported an 11% increase in net revenues of HK$10.7 billion (US$1.38 billion) in the September 2024 quarter, with GGR hitting HK$10.2 billion (US$1.31 billion), according to information published by the company on Thursday.
The GGR result represented a 16% increase over the same period last year but was 2% lower compared to 2Q24, with mass table win of HK$8.39 billion (US$1.08 billion), rolling chip win of HK$1.10 billion (US$141 million) and electronic gaming win of HK$666 million (US$86 million).
Adjusted EBITDA of HK$2.94 billion (US$378 million) was also up 6% year-on-year but down 7% quarter-on-quarter, although GEG said it played unlucky in Q3 which reduced Adjusted EBITDA by HK$165 million (US$21 million).
