Galaxy Entertainment VIP outperformance forecast

2014-5-22

From：Macau Business

Union Gaming Research Macau predicts that Galaxy Entertainment Group Ltd’s VIP gaming business will do better than the market as a whole.

The research house says so now that Galaxy Entertainment has given its Galaxy Macau casino-resort two new VIP gaming rooms equipped with tables previously used for lower-yielding business.

Union Gaming Research has increased its estimates of the company’s earnings before interest, tax, depreciation and amortisation for this year to HK$15.63 billion (US$2.02 billion) and for next year to HK$18.84 billion.

Copyright@Macau Business