Quarter sees increase of 14 per cent year-on-year
Despite the effects of Typhoon Ragasa, Macau casino operator Galaxy Entertainment was able to inrease its revenue for the third quarter to $12.2bn, a climb of 14 per cent year-on-year and up one per cent quarter-on-quarter.
Its flagship Galaxy Macau generated Adjusted EBITDA of $3.1bn, up 20 per cent year-on-year but down eight per cent quarter-on-quarter. StarWorld Macau’s Adjusted EBITDA was $369m, down seven per cent year-on-year and up 22 per cent quarter-on-quarter. Broadway Macau’s Adjusted EBITDA was $1m, versus $11m in Q3 2024 and $4m in Q2 2025. The latest 12 months Adjusted EBITDA for the Group was $13.4bn, up 14 per cent year-on-year and up three per cent quarter-on-quarter.
Francis Lui, Chairman of GEG said: “September is typically a slower month as many visitors defer their planned trips to October to coincide with the Golden Week holidays. Typhoon Ragasa resulted in the Government mandating that all casinos officially closed for 33 hours. 33 hours may not seem an extended period of time, however potential visitors canceled their visits in advance over concerns of the potential impact of Typhoon Ragasa and after the typhoon it takes a few days before people commence to plan their next trip.
GEG continues to support the Macau Government’s goal to develop Macau into a ‘City of Performing Arts’ by hosting world-class events across various categories and acclaimed concert singers.
Mr Lui said: “We believe this will help to boost Macau’s tourism, retail, as well as hotel spending, contributing to Macau’s evolvement into the World Centre of Tourism and Leisure. In Q3, we hosted multiple mega entertainment events including the ‘King of Asian Pop’ Eason Chan’s Concert and America’s comedy star Jimmy O. Yang’s performance in Macau. For the first nine months of 2025, we have held approximately 260 entertainment, sports, arts and culture, and MICE events, which contributed to a 41 per cent year-on-year increase in the foot traffic at Galaxy Macau and contributed significantly to our business.
“Over the past 18 months, Galaxy has been investing heavily into technology. This has included the implementation of smart tables, consolidating data information and deepening our data analytics capability. The purpose of these programs is to ensure that we more fully understand our customers and that we are in a position to provide the best service and experience to our valuable guests. We want to make informed customer decisions based upon ‘hard data’ and not a ‘gut impression’. We have already seen economic benefits from these investments and we will continue to drive each and every segment of the business.”
The other main event was the closure of Waldo Casino, which ceased operations on 31 October 2025.
Mr Lui said: “In alignment with Macau Government policies, GEG is committed to safeguarding local employment. In addition to being able to retain the same position, employees have also been offered the opportunity to explore a range of career paths if they wish to do so and they received support for their transition into a new working environment.”
Elsewhere, it held exclusive previews of the ultra-luxury Capella at Galaxy Macau and Horizon Plus.
“Both facilities have been extremely well received by our guests and currently the vast majority of both facilities are opened. However, we are still fitting out some additional enhancement facilities including a signature restaurant. We anticipate that the facilities will be fully opened by early next year,” Mr Lui explained.
“On the development front, we continue to progress with the fitting out of Phase 4, which includes multiple high-end hotel brands that are new to Macau, together with an approximately 5,000-seat theater, extensive F&B, retail, non-gaming amenities, landscaping, a water resort deck and a casino. Phase 4 is targeted to complete in 2027.”
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Quarter sees increase of 14 per cent year-on-year Despite the effects of Typhoon Ragasa, Macau casino operator Galaxy Entertainment was able to inrease its revenue for the third quarter to $12.2bn, a climb of 14 per cent year-on-year and up one per cent quarter-on-quarter. Its flagship Galaxy Macau generated Adjusted EBITDA of $3.1bn, up 20…
The post Galaxy Entertainment posts healthy increase despite Typhoon Ragasa savaging Macau appeared first on G3 Newswire.