{"id":2137954,"date":"2025-11-06T01:13:04","date_gmt":"2025-11-06T01:13:04","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2137954"},"modified":"2025-11-06T01:13:04","modified_gmt":"2025-11-06T01:13:04","slug":"galaxy-entertainment-groups-gross-gaming-revenue-climbs-to-us1-57-billion-in-3q25-despite-macau-typhoon-setback-iag","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/galaxy-entertainment-groups-gross-gaming-revenue-climbs-to-us1-57-billion-in-3q25-despite-macau-typhoon-setback-iag\/","title":{"rendered":"Galaxy Entertainment Group\u2019s gross gaming revenue climbs to US$1.57 billion in 3Q25 despite Macau typhoon setback \u2013 IAG"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"printfriendly pf-button pf-button-content pf-alignleft\">\n                    <a rel=\"nofollow\" target=\"_blank\" href=\"#\" rel=\"nofollow\" onclick=\"window.print(); return false;\" title=\"Printer Friendly, PDF &amp; Email\"><br \/>\n                    <br \/>\n                    <\/a>\n                <\/div>\n<p style=\"font-weight: 400;\">Macau\u2019s Galaxy Entertainment Group continued its resurgence in the three months to 30 September 2025, with Gross Gaming Revenue climbing 21% year-on-year and 2% quarter-on-quarter to HK$12.2 billion (US$1.57 billion).<\/p>\n<p style=\"font-weight: 400;\">The quarter was again dominated by mass gaming tables, which generated HK$9.46 billion (US$1.22 billion) in GGR representing a 13% year-on-year and 7% sequential improvement, while VIP tables showed 86% year-on-year growth but were down 15% quarter-on-quarter at HK$2.04 billion (US$257 million). Electronic GGR of HK$738 million (US$94.9 million) was also up 11% year-on-year but down 6% quarter-on-quarter.<\/p>\n<p style=\"font-weight: 400;\">Adjusted EBITDA of HK$3.34 billion grew by 14% versus the same period in 2024 but fell 6% compared with Q2.<\/p>\n<p style=\"font-weight: 400;\">In comments accompanying GEG\u2019s Q3 results, Chairman Francis Lui pointed to two events that he said impacted both revenue and Adjusted EBITDA for the quarter, including seasonality where September is typically a slower month as visitors defer planned trips to October to coincide with Golden Week.<\/p>\n<p style=\"font-weight: 400;\">More significant, however, was Typhoon Ragasa which resulted in the government mandating that <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/asgam.com\/2025\/09\/25\/macau-casinos-reopen-after-lengthy-33-hour-closure-due-to-super-typhoon-ragasa\/\">all casinos officially close for 33 hours<\/a>.<\/p>\n<p style=\"font-weight: 400;\">\u201cThirty-three 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,\u201d Lui said.<\/p>\n<p style=\"font-weight: 400;\">Despite this, he noted that GEG\u2019s balance sheet remains incredibly healthy with total cash and liquid investments of HK$36.8 billion (US$4.73 billion) and a net position of HK$34.8 billion (US$4.48 billion) after debt of HK$2.0 billion (US$257 million).<\/p>\n<p style=\"font-weight: 400;\">\u201cOur solid balance sheet and cash flow from operations allows us to return capital to shareholders through dividends, fund our development pipeline and pursue our international expansion ambitions,\u201d he continued. \u201cIn October 2025, we paid the previously announced interim dividend of $0.70 per share. This dividend demonstrates our continued confidence in the longer-term outlook of Macau and for the company.\u201d<\/p>\n<p style=\"font-weight: 400;\">By property, Galaxy Macau generated GGR of HK$10.8 billion in 3Q25, up slightly from HK$10.7 billion (US$1.38 billion) in the June quarter, while StarWorld produced a 9% improvement in GGR to HK$1.42 billion (US$183 million).<\/p>\n<p style=\"font-weight: 400;\">Entertainment and F&amp;B property Broadway Macau produced a 22% sequential rise in net revenue to HK$62 million (US$8.0 million) with Adjusted EBITDA of HK$1 million (US$128,600).<\/p>\n<\/p><\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source asgam.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau\u2019s Galaxy Entertainment Group continued its resurgence in the three months to 30 September 2025, with Gross Gaming Revenue climbing 21% year-on-year and 2% quarter-on-quarter to HK$12.2 billion (US$1.57 billion). The quarter was again dominated by mass gaming tables, which generated HK$9.46 billion (US$1.22 billion) in GGR representing a 13% year-on-year and 7% sequential improvement, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2137955,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[],"class_list":["post-2137954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/11\/Galaxy-Entertainment-Groups-gross-gaming-revenue-climbs-to-US157-billion.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2137954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2137954"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2137954\/revisions"}],"predecessor-version":[{"id":2137956,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2137954\/revisions\/2137956"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2137955"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2137954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2137954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2137954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}