Continues To Lead Macau’s Non-Gaming Diversification Through MICE, Entertainment And Sporting Events
Q3 2025 Group Normalized EBITDA Of $3.3 Billion Up 7% Year-on-Year And Up 5% Quarter-on-Quarter
Paid An Interim Dividend Of $0.70 Per Share In October 2025
Continues To Ramp Up Capella At Galaxy Macau And Progressing With The Fitting Out Of Phase 4
HONG KONG, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Galaxy Entertainment Group (“GEG”, “Company” or the “Group”) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2025. (All amounts are expressed in Hong Kong dollars unless otherwise stated)
Mr. Francis Lui, Chairman of GEG said:
“Today I am pleased to report the third quarter 2025 results for the Group. In Q3 2025 Group Net Revenue increased 14% year-on-year to $12.2 billion and Adjusted EBITDA increased 14% year-on-year to $3.3 billion.
I wish to bring to your attention two events that occurred during the third quarter that impacted Gross Gaming Revenue (‘GGR’) and in turn Adjusted EBITDA for the quarter. The first event involves seasonality, where September is typically a slower month as many visitors defer their planned trips to October to coincide with the Golden Week holidays. The second event was Typhoon Ragasa. This typhoon 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.
Our balance sheet remains healthy and liquid. Total cash and liquid investments were $36.8 billion and the net position was $34.8 billion after debt of $2.0 billion. Our 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. In 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.
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. 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% year-on-year increase in the foot traffic at Galaxy Macau™ and contributed significantly to our business.
Post Q3 in October, two popular singers, Luhan and Jackson Wang performed at Galaxy Arena, and the world-renowned Chinese pianist, Yundi Li made his debut with Galaxy Music Gala at Galaxy International Convention Center (‘GICC’). Additionally, we will support the National Games by hosting its Table Tennis Competition in Galaxy Arena. Further, we have signed a four-year strategic partnership with the Ultimate Fighting Championship (‘UFC’) to bring UFC Fight Nights to Galaxy Arena, as well as renewed a three-year strategic partnership with TMElive (Tencent Music) to co-host multifaceted popular music events. We have also renewed a three-year cooperation agreement with Damai Entertainment under Alibaba Group and Macau Pass for events ticketing. We remain optimistic about mega events tourism in the future.
To view full press release, please visit:
https://www.globenewswire.com/news-release/2025/11/06/3182143/0/en/Galaxy-Entertainment-Group-Selected-Unaudited-Q3-2025-Financial-Data.html