Galaxy Entertainment Group Ltd
00027: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| KY | LOCK|Mz!Hp | LOCK|lj@cTv |
Galaxy Entertainment Earnings: Luck Boosts Market Share; Premium Positioning Powers Long-Term Growth
Benefiting from a favorable VIP win rate, Galaxy Entertainment's fourth-quarter gross gaming revenue grew 14% quarter on quarter, with GGR market share expanding by 1.5 percentage points to 21.8%. Meanwhile, luck-adjusted EBITDA improved 7% sequentially to HKD 3.6 billion.
