0027.HK - Galaxy Entertainment Group Limited

HKSE - HKSE Delayed Price. Currency in HKD
69.700
+0.650 (+0.941%)
As of 10:19AM HKT. Market open.
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Previous close69.050
Open69.050
Bid69.650 x 0
Ask69.700 x 0
Day's range68.700 - 70.200
52-week range39.300 - 73.850
Volume1,490,781
Avg. volume12,322,589
Market cap300.929B
Beta1.21
PE ratio (TTM)28.44
EPS (TTM)2.451
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date2018-03-23
1y target est77.36
  • Steve Wynn exits as investor moves in
    Reuters Videoslast month

    Steve Wynn exits as investor moves in

    Steve Wynn sold his entire stake in the casino and hotel enterprise he founded just as a rival operator said it's buying a 5 percent stake in Wynn Resorts. Fred Katayama reports.

  • Reuters4 days ago

    In Vietnam, a mega casino rises with the help of a Macau junket company

    Along a three-kilometre (2-mile) stretch of coastline in central Vietnam, construction cranes are digging up mounds of sand and rubble where the country's biggest casino is set to open next year. Driving the project is Suncity Group Holdings Ltd, which has made billions luring high-rollers – mainly from China - to the baccarat tables in the Chinese territory of Macau. Vietnam is betting big on developing a gambling industry, targeting the Chinese tourists who have been flocking to the country in recent years.

  • The Wall Street Journal12 days ago

    [$$] Philippines Blocks Casino Project on Island Under Ecological Strain

    Macau casino operator Galaxy Entertainment will be blocked from building a $500 million integrated casino development on the resort island of Boracay.

  • Reuters13 days ago

    Philippines shelves Galaxy's planned $500 mln casino resort on Boracay

    The Philippines on Wednesday shelved a plan by Macau's Galaxy Entertainment Group Ltd to build a $500 million integrated casino-resort on a holiday island that will be closed for a cleanup. Macau casino operator Galaxy last month won a provisional licence for an integrated casino-resort project in the island of Boracay, which Philippine President Rodrigo Duterte called a "cesspool" due to pollution. "There will be no new casino in Boracay," Presidential spokesman Harry Roque said in a news conference in Hong Kong that was aired live in Manila.

  • Reuters13 days ago

    Philippines' top resort island Boracay may reopen in four months - minister

    The Philippines is looking to shorten the closure period for its most popular holiday hotspot Boracay to four months from six, but the number of visitors allowed when it reopens will be slashed, the tourism minister said on Wednesday. A masterplan to redevelop Boracay, which has turned into a "cesspool" due to pollution according to President Rodrigo Duterte, into a liveable and greener community will be finalised after its rehabilitation, Tourism Secretary Wanda Teo said. "I think we can do it (cleanup) in four months.

  • Reuters23 days ago

    Macau casinos post 22 percent revenue gain in March

    HONG KONG, April 1 (Reuters) - Gambling revenue in the Chinese territory of Macau posted a 22 percent gain for the month of March, due to sustained demand for gambling in the country's only legal casino ...

  • Is Wynn Resorts Ltd. a Buy?
    Motley Fool28 days ago

    Is Wynn Resorts Ltd. a Buy?

    In the wake of founder Steve Wynn's departure, the stock has been volatile. However, the recent sell-off opens a number of opportunities.

  • Wynn Resorts Shuffles the Deck: Steve Wynn Is Out, Galaxy Is In
    Motley Foollast month

    Wynn Resorts Shuffles the Deck: Steve Wynn Is Out, Galaxy Is In

    A multilayered shakeup at the casino resort company could change the power dynamics in gaming.

  • Barrons.comlast month

    Steve Wynn Cashes Out, Wynn Resorts Climbs

    Steve Wynn, co-founder and former CEO of his namesake Wynn Resorts (WYNN), has officially cashed out. The casino company said Wynn sold his 12% stake on Wednesday and Thursday for $2.1 billion, but the drama isn’t entirely over. Wynn still faces allegations of sexual misconduct brought by female employees detailed in a January article in  The Wall Street Journal.

  • PR Newswirelast month

    Galaxy Entertainment Group and Wynn Resorts Limited Announce Investment

    HONG KONG and LAS VEGAS, March 23, 2018 /PRNewswire/ -- Galaxy Entertainment Group (HKEx stock code: 27) and Wynn Resorts, Limited (WYNN) today announced that Galaxy Entertainment has agreed to purchase 5.3 million primary shares of Wynn Resorts at a price of $175 a share, resulting in $927,500,000 of gross proceeds to Wynn Resorts. "It is an honor to have such a distinguished company as Galaxy Entertainment as a shareholder which shares many of the same core operating philosophies and values," said Wynn Resorts CEO Matt Maddox.

  • PR Newswirelast month

    Galaxy Entertainment Group and Wynn Resorts Limited Announce Investment

    HONG KONG and LAS VEGAS, March 23, 2018 /PRNewswire/ -- Galaxy Entertainment Group (HKEx stock code: 27) and Wynn Resorts, Limited (WYNN) today announced that Galaxy Entertainment has agreed to purchase 5.3 million primary shares of Wynn Resorts at a price of $175 a share, resulting in $927,500,000 of gross proceeds to Wynn Resorts. "It is an honor to have such a distinguished company as Galaxy Entertainment as a shareholder which shares many of the same core operating philosophies and values," said Wynn Resorts CEO Matt Maddox.

  • Reuterslast month

    BRIEF-Galaxy Entertainment Group Acquires 5.3 Mln Shares In Wynn Resorts

    March 23 (Reuters) - Galaxy Entertainment Group Ltd : * ‍TRANSACTION IN RELATION TO AN ACQUISITION OF SHARES IN WYNN RESORTS, LIMITED * DEAL FOR US$927.5 MLN * DEAL INVOLVES THE ACQUISITION SHARES OF 5.3 ...

  • The Wall Street Journallast month

    [$$] Wynn Resorts Enters a New Galaxy

    Steve Wynn shed his stake in the casino giant he co-founded. On the same day, Wynn Resorts said it would issue a near-5% stake to rival Galaxy Entertainment. Both moves look sensible.

  • Reuterslast month

    Steve Wynn sells stake in company he founded, Macau casino Galaxy buys in

    Steve Wynn, the former chief executive of Wynn Resorts Ltd, has disposed his entire 11.8 percent stake in the firm for $2.1 billion in a dramatic exit of the casino and hotel enterprise he founded over 16 years ago. In an unexpected separate move, Macau casino operator Galaxy Entertainment said it has agreed to buy 5.3 million primary shares of Wynn Resorts at $175 per share, giving them around a 5 percent stake in the operator which has resorts in Las Vegas and Macau.

  • Reuterslast month

    Former Wynn Resorts CEO Steve Wynn sells entire stake in company

    March 22 (Reuters) - Wynn Resorts Ltd said on Thursday that former Chief Executive Steve Wynn no longer holds a stake in the company after he agreed to sell all his remaining 8 million shares in privately ...

  • Reuterslast month

    BRIEF-Galaxy Entertainment Agrees To Purchase 5.3 mln Primary Shares Of Wynn Resorts At $175 Per Share

    March 22 (Reuters) - Wynn Resorts Ltd: * ‍GALAXY ENTERTAINMENT GROUP AND WYNN RESORTS LIMITED ANNOUNCE INVESTMENT​ * ‍GALAXY ENTERTAINMENT AGREED TO PURCHASE 5.3 MILLION PRIMARY SHARES OF WYNN RESORTS ...

  • Reuterslast month

    BRIEF-Leisure And Resorts World Corp Clarifies On Revenue From Joint Venture

    March 22 (Reuters) - Leisure And Resorts World Corp: * CLARIFIES ON NEWS ARTICLE ENTITLED “BORACAY CASINO SEEN EARNING $100M A YEAR” * CLARIFIES JOINT VENTURE CO WILL EARN REVENUES FROM REAL ESTATE IN ...

  • PR Newswirelast month

    PAGCOR Issues GEG a Provisional Gaming License

    HONG KONG, March 21, 2018 /PRNewswire/ -- Galaxy Entertainment Group ("GEG" or the "Group") (HKEx stock code: 27) confirms that a wholly-owned subsidiary of the Group has been granted a provisional gaming license by the Philippine Amusement and Gaming Corporation ("PAGCOR"). Mr. Francis Lui, Vice Chairman of GEG commented, "We would like to thank PAGCOR for their vote of confidence in granting GEG a provisional gaming license in the Philippines and the opportunity to strategically expand our brand into overseas markets.

  • Reuterslast month

    Philippines set to issue license to Galaxy's $500 mln casino resort

    MANILA, March 20 (Reuters) - Macau casino operator Galaxy Entertainment Group Ltd is set to bag a license for its up to $500 million-integrated casino-resort project in central Philippines, Manila's gaming ...

  • Galaxy Entertainment Group Announces Q4 & Annual Results 2017
    PR Newswire2 months ago

    Galaxy Entertainment Group Announces Q4 & Annual Results 2017

    D ELIVERS R ECORD A DJUSTED EBITDA D RIVEN BY M ASS Q4 2017 G ROUP A DJUSTED EBITDA OF $4.2 B ILLION , U P 40% Y O Y & 18% Q O Q F ULL Y EAR 2017 G ROUP A DJUSTED EBITDA OF $14.1 B ILLION , U P 37% Y O ...

  • PR Newswire2 months ago

    Galaxy Entertainment Group Announces Q4 & Annual Results 2017

    D ELIVERS R ECORD A DJUSTED EBITDA D RIVEN BY M ASS Q4 2017 G ROUP A DJUSTED EBITDA OF $4.2 B ILLION , U P 40% Y O Y & 18% Q O Q F ULL Y EAR 2017 G ROUP A DJUSTED EBITDA OF $14.1 B ILLION , U P 37% Y O ...

  • Reuters2 months ago

    Macau casino owner Galaxy's profit surges, plans Philippine resort

    Macau casino operator Galaxy Entertainment Group posted a 67 percent jump in full-year net profit as Chinese high rollers returned to the world's biggest casino hub. Galaxy, one of six listed casino operators in the Chinese territory of Macau, the only place in the country where citizens are legally allowed to gamble, reported HK$10.5 billion ($1.34 billion) in net profit attributable to shareholders for 2017. The company said VIP rolling chip volume, or betting volume by wealthy gamblers at its flagship casino Galaxy Macau, rose 27 percent to HK$621.5 billion last year.

  • Reuters2 months ago

    BRIEF-Galaxy Entertainment Group Posts FY Net Profit Attributable HK$10.50 Bln

    Feb 28 (Reuters) - Galaxy Entertainment Group Ltd: * ‍DECLARED A SPECIAL DIVIDEND OF HK$0.41 PER SHARE​ * ‍FULL YEAR GROUP REVENUE INCREASED BY 18% YEAR-ON-YEAR TO HK$62.5 BILLION​ * ‍FY NET PROFIT ATTRIBUTABLE ...

  • Reuters5 months ago

    Macau's Galaxy Entertainment plans up to $500 mln Philippine casino resort

    Macau casino operator Galaxy Entertainment Group Ltd plans to invest as much as $500 million to build an integrated casino-resort in the Philippines, the company and Manila's gaming regulator said on Friday. Galaxy and local partner Leisure and Resorts World Corp are seeking regulatory approval for the $300-$500 million casino project in the central Philippine island of Boracay, Philippine Amusement and Gaming Corp (Pagcor) President Alfredo Lim told Reuters.