0027.HK - Galaxy Entertainment Group Limited
| Previous Close | 70.650 |
| Open | 70.800 |
| Bid | 69.400 x 0 |
| Ask | 69.450 x 0 |
| Day's Range | 69.150 - 71.300 |
| 52 Week Range | 39.300 - 73.850 |
| Volume | 6,936,007 |
| Avg. Volume | 12,431,741 |
| Market Cap | 299.85B |
| Beta | 1.21 |
| PE Ratio (TTM) | 28.34 |
| EPS (TTM) | 2.451 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2018-03-23 |
| 1y Target Est | 76.82 |
- Reuters•3 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 Journal•11 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.
- Reuters•11 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.
- Reuters•12 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.
- Reuters•22 days ago
Macau casinos post 22 percent revenue gain in March
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 hub. This is the 20th consecutive ...
- Reuters•22 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 ...
- Bloomberg•25 days ago
Record Stock Streak Enriches Casino Tycoon by $12 Billion
Macau’s top casino operator is on a record winning streak as the effects of a Chinese anti-graft campaign fade -- and that’s enriching its owner to the tune of $12 billion.
- Bloomberg•25 days ago
Record Stock Streak Adds $12 Billion to Casino Tycoon's Fortune
Macau’s top casino operator is on a record winning streak as the effects of a Chinese anti-graft campaign fade -- and that’s enriching its owner to the tune of $12 billion.
- Motley Fool•27 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.
- Motley Fool•29 days ago
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.
- Bloomberg•last month
Nevada Regulator to Examine Galaxy After Deal for Wynn Shares
The Nevada Gaming Control Board will look into Galaxy Entertainment Group after the Hong Kong-based casino company’s purchase of a stake in Wynn Resorts Ltd.
- CNBC•last month
Steve Wynn folds as Galaxy Entertainment buys in
Steve Wynn has sold his entire stake in Wynn Resorts, the massive global gaming company he created.
- CNBC•last month
Steve Wynn folds as Galaxy Entertainment buys in
Steve Wynn has sold his entire stake in Wynn Resorts, the massive global gaming company he created.
- Benzinga•last month
With Steve Wynn Out, An Overhang Removed For Wynn Investors
Now that Steve Wynn is gone from the company, a pair of Wall Street analysts sees a buying opportunity for Wynn Resorts, Limited (NASDAQ: WYNN ) investors ahead of a potential buyout or breakup of the ...
- Barrons.com•last 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 Newswire•last 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 Newswire•last 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.
- Reuters•last 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 Journal•last 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.
- Reuters•last month
Steve Wynn sells stake in company he founded, Macau casino Galaxy buys in
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. Galaxy is one of six licensed operators in the world's largest gambling hub of Macau and competes with Wynn along with Sands China (1928.HK), MGM China (2282.HK) and Melco Resorts (MLCO.O). The casino mogul’s share sale comes a week after Wynn Resorts said Steve and Elaine Wynn, who has a 9.26 percent stake, had scrapped a shareholder agreement that prevented them from selling their stakes.
- Reuters•last 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 ...
- Reuters•last 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 ...
Reuters Videos•last monthSteve 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.
