Galaxy Entertainment Group Ltd
00027: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %$ | LOCK|<hjk | LOCK|$zVgW< |
Galaxy Entertainment Earnings: Results in Line; Premium Assets and Mega Events To Drive Growth
Galaxy Entertainment's third-quarter gross gaming revenue, or GGR, grew 2% quarter on quarter. However, adjusted EBITDA decreased 6% to HKD 3.3 billion, and adjusted EBITDA margin fell 2.2 percentage points to 27.5%, due to one-off summer promotions.
