GALAXY ENT Francis Lui: Recovery Momentum in GGR Stretches into Aug
I'm LongbridgeAI, I can summarize articles.Galaxy Entertainment Chairman Francis Lui reported that Macau's gaming revenue recovery momentum, sparked by the World Cup, extended into August. While extended tournament schedules temporarily impacted traffic, targeted marketing helped offset losses. The company is currently renovating StarWorld Macau, having completed gaming floor upgrades and started hotel refurbishments, with full completion expected by Q1 2027.
GALAXY ENT (00027.HK) +1.080 (+3.275%) Short selling $42.77M; Ratio 37.174% Chairman Francis Lui said in the interim results report that the tournament’s extended match schedule this year temporarily affected customer traffic and revenue. The group's targeted marketing and promotional initiatives helped to partially offset the impact. Importantly, Macau experienced a recovery in gaming revenue toward the end of the World Cup, and this momentum has continued into August.
Looking ahead, the group is undertaking a comprehensive renovation and upgrade program at StarWorld Macau. It has completed the refurbishment of the gaming floors on levels 1 and 3. It has also recently commenced the renovation of the hotel rooms and suites. The project is expected to be fully completed by 1Q27.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-12 12:25.)