Galaxy Entertainment Group Ltd
00027: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ZKh | LOCK|T?&^ | LOCK|zmLVg?r |
Galaxy Entertainment Earnings: In-Line Results; Premium Assets Support Long-Term Growth
Galaxy Entertainment's first-quarter gross gaming revenue fell 12% quarter on quarter, dragged down by an unfavorable VIP win rate. GGR market share fell 1.7 percentage points to 20.3%. Meanwhile, luck-adjusted EBITDA was largely flat at HKD 3.6 billion.
