Galaxy Macau finishes with strong quarter, but revenues fall at Galaxy’s other casinos
Macau operator Galaxy Entertainment posted revenues of $49.2bn, up 13 per cent year-on-year with its flagship casino Galaxy Macau increasing its Adjusted EBITDA to $13.4bn, up 24 per cent year-on-year.
Its other two properties didn’t fare so well with StarWorld Macau’s Adjusted EBITDA coming in at $1.4bn, down 13 per cent year-on-year, and Broadway Macau’s Adjusted EBITDA reaching $11m, down 54 per cent year-on-year. The fourth quarter saw revenues increase at Galaxy Macau by 29 per cent, although revenues fell by one per cent at StarWorld and by 21 per cent at Broadway.
Overall Macau’s GGR for full year 2025 was $240.2bn, up nine per cent year-on-year, and represented 85 per cent of the 2019 level. In 2025, visitor arrivals to Macau were 40.1m, up 15 per cent year-on-year and exceeding the 2019 level of 39.4 million.
Francis Lui, Chairman of GEG, said: “In 2025 Macau continued its post Covid recovery. Galaxy continued to drive growth across every segment of the business, with a particular focus in the premium mass and the super-premium mass segment. Capella soft launched in May 2025 and officially opened on 10 February 2026. With its ultra-luxury room product, Capella has allowed us to capture the super-premium mass segment more effectively at scale, further reinforcing our leadership in this high-value market.
“GEG continues to support the Macau Government’s goal to develop Macau into a ‘City of Performing Arts’ and ‘City of Sports’ by hosting world-class events across various categories. The Galaxy Arena and Galaxy International Convention Center (‘GICC’) have been tremendously successful, with mega events driving a significant increase in customer traffic. In 2025, GEG hosted around 350 concerts, entertainment shows, sporting and major events. Looking ahead, 2026 promises another exciting calendar of entertainment. We will continue our partnerships with leading global entertainment companies to present marquee concerts, while expanding our collaboration with UFC to bring thrilling UFC Fight Nights to the city. We have also renewed a three-year cooperation agreement with Damai Entertainment, a member of Alibaba Group, and Macau Pass to enhance our events ticketing services. Together, these initiatives will deepen customer loyalty, attract new audiences, and firmly establish Macau as Asia’s premier destination for leisure and entertainment.”
“Macau’s 2025 Policy Address reaffirmed the importance of balancing reliance on gaming with diversified tourism and cultural development. In response, concessionaires continued to invest heavily in non-gaming facilities such as hotels, retail, family entertainment, and event venues, while also expanding international marketing. Together, these initiatives are helping Macau evolve into a globally competitive World Centre of Tourism and Leisure.
“Looking ahead to 2026, we remain firmly focused on accelerating Phase 4 development, enhancing the appeal of our existing resorts, and further expanding our non-gaming offerings — from mega shows to international events — to diversify Macau’s offerings. We remain optimistic about GEG and the broader market landscape. We are confident that the Central Government will continue to support Macau through policies, and that the Macau Government will sustain its focus on stable development and economic diversification.”
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Galaxy Macau finishes with strong quarter, but revenues fall at Galaxy’s other casinos Macau operator Galaxy Entertainment posted revenues of $49.2bn, up 13 per cent year-on-year with its flagship casino Galaxy Macau increasing its Adjusted EBITDA to $13.4bn, up 24 per cent year-on-year. Its other two properties didn’t fare so well with StarWorld Macau’s Adjusted…
The post Galaxy’s flagship booms in Macau but StarWorld and Broadway struggle to keep pace appeared first on G3 Newswire.