{"id":2413364,"date":"2026-05-12T14:36:07","date_gmt":"2026-05-12T14:36:07","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2413364"},"modified":"2026-05-12T14:36:07","modified_gmt":"2026-05-12T14:36:07","slug":"galaxy-entertainment-prioritize-non-gaming-amid-strong-q1-results","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/galaxy-entertainment-prioritize-non-gaming-amid-strong-q1-results\/","title":{"rendered":"Galaxy Entertainment Prioritize Non-Gaming Amid Strong Q1 Results"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Galaxy Entertainment Group posted a robust adjusted EBITDA of HKD$3.576 billion (US$458 million) for Q1 2026, marking an 8% year-on-year increase, with net revenue rising 11% to HKD$12.396 billion (US$1.59 billion).<\/p>\n<figure class=\"wp-block-image size-full\"><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<ul class=\"wp-block-list\">\n<li>EBITDA increases 8% year on year, despite quarter-on-quarter declines due to gaming luck<\/li>\n<li>Diversification into entertainment and international markets drives visitor growth<\/li>\n<li>Premium offerings and non-gaming experiences enhance Macau\u2019s appeal amid geopolitical risks<\/li>\n<\/ul>\n<\/blockquote>\n<p>Adjusted for luck fluctuations-HKD$2 million (US$256,000) unfavorable this quarter compared to HKD$731 million (US$93.7 million) favorable in Q4 2025-normalized adjusted EBITDA was HKD$3.565 billion (US$457 million), up 21% year-on-year and steady quarter-on-quarter. The company <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.galaxyentertainment.com\/uploads\/news\/09abd09e0ebb0285128cb22664edf5a1a281caaa.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">released their figures<\/a> on Tuesday.\u00a0<\/p>\n<p>Macau\u2019s gaming market showed resilience, with Q1 gross gaming revenue (GGR) at HKD$64 billion (US$8.21 billion), flat sequentially but 14% higher year-on-year.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">\u2018Surge in Tourism\u2019<\/h2>\n<p>According to Francis Lui, chairman of GEG, \u201cMacau experienced a surge in tourism and strong demand for hotel accommodation, entertainment and gaming\u201d during Chinese Golden Week (first week of May).<\/p>\n<p>Across Q1, visitor arrivals hit approximately 11.2 million, about 108% of 2019 levels. This was supported by a 16% rise in mainland China visitors under the Individual Visit Scheme.<\/p>\n<p>Galaxy Macau, the company\u2019s Cotai flagship, drove results with net revenue up 13% year-on-year to HKD$10.344 billion and adjusted EBITDA of HKD$3.343 billion (US$429 million).\u00a0<\/p>\n<p>StarWorld Macau saw an 8% revenue increase and full hotel occupancy, while Broadway Macau stabilized with slight revenue declines. In contrast, the Construction Materials Division faced declines in revenue and EBITDA.<\/p>\n<h2 class=\"wp-block-heading\">An Echoing Trend<\/h2>\n<p>These figures follow a similar trend forged in<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ggbmagazine.com\/articles\/galaxy-entertainment-group-reports-2025-gaming-revenue\/\" target=\"_blank\" rel=\"noreferrer noopener\"> the group\u2019s Q4 2025 results<\/a>. The company\u2019s EBITDA jumped about 33% year-on-year to roughly HKD4.3 billion (US$551 million), lifting full-year gross gaming revenue to HKD49.1 billion. \u00a0<\/p>\n<p>The firm emphasizes growth in non-gaming sectors, including MICE, concerts, and sporting events, having hosted over 80 events in Q1 and notable upcoming attractions like UFC Fight Night in May.<\/p>\n<p>Capella at Galaxy Macau, opened in February 2026, is performing well with super-premium mass customers, while Horizon Plus expanded from six to ten private gaming salons.\u00a0<\/p>\n<p>The firm is progressing on a major Cotai Phase 4 expansion, focused primarily on non-gaming offerings, including 1,350 new rooms and a 5,000-seat theater, slated for 2027 completion.<\/p>\n<p>Macau as a whole recorded a 15.9% year-on-year increase on <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ggbmagazine.com\/articles\/macaus-gaming-revenue-accelerates-in-q1-of-2026\/\" target=\"_blank\" rel=\"noreferrer noopener\">gaming tax for Q1<\/a>, with gross gaming revenue reaching MOP65.87 billion (US$8.17 million).<\/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 ggbmagazine.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Galaxy Entertainment Group posted a robust adjusted EBITDA of HKD$3.576 billion (US$458 million) for Q1 2026, marking an 8% year-on-year increase, with net revenue rising 11% to HKD$12.396 billion (US$1.59 billion). EBITDA increases 8% year on year, despite quarter-on-quarter declines due to gaming luck Diversification into entertainment and international markets drives visitor growth Premium offerings [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2413365,"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-2413364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/05\/Galaxy-Entertainment-Prioritize-Non-Gaming-Amid-Strong-Q1-Results.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2413364","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=2413364"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2413364\/revisions"}],"predecessor-version":[{"id":2413366,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2413364\/revisions\/2413366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2413365"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2413364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2413364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2413364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}