Galaxy Entertainment Thrives Amid Macau Rebound
I'm PortAI, I can summarize articles.
Galaxy Entertainment Group (GEG) is experiencing a resurgence in tourism as Macau rebounds from the pandemic, with Q3 25 net revenue reaching HKD 12.2bn, driven by increased demand and high occupancy rates. GEG's stock has surged 28.4% over the past year, with analysts maintaining a positive outlook and all 21 covering the stock rating it as a 'Buy.' Despite challenges such as rising labor costs and regulatory changes, GEG's integrated resorts continue to thrive, supported by strong non-gaming revenue and a focus on sustainability and guest experiences.
Source: marketscreener The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments