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High VIP hold, new additions to Galaxy Resort help Galaxy Entertainment Group drive 4% year-on-year revenue growth to US$1.62 billion in Q3

Reported by Ben Blaschke, Inside Asian Gaming

Image: Inside Asian Gaming

Macau’s Galaxy Entertainment group bucked the trend in the September 2026 quarter, reporting a 4% year-on-year and 7% quarter-on-quarter increase in group net revenue to HK$12.7 billion (US$1.62 billion) – including GGR of HK$12.9 billion (US$1.65 billion). The quarter was aided by a high VIP hold rate of 4.8%, with Adjusted EBITDA climbing 10% year-on-year and 9% quarter-on-quarter to HK$3.7 billion (US$472 million). Despite this, the company showed resilience throughout the third quarter at a time when most Macau operators have faced significant headwinds that have cut into both revenues and profits.

This is an excerpt. The reporting belongs to Inside Asian Gaming.

Read the full report on asgam.com
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