3 percent more than in 2013
Galaxy Entertainment USD 1.32 B in profit in 2014
Macau casino operator Galaxy Entertainment Group has announced that its annual net profit rose to USD 1.32 B last year, 3 per cent more than the year before.
2015-03-23
Reading time 26 seg
Macau casino operator Galaxy Entertainment Group has announced that its annual net profit rose to USD 1.32 B last year, 3 per cent more than the year before.
Galaxy Entertainment finance chief Robert Drake said gaming revenue from all main sources had grown: from the mass market by 12 per cent to us$ 2.4 million; from the VIP market by 8 per cent to US$ 6.4 billion and from electronic gaming by 3 per cent to us$ 232 million.
The company says its fourth-quarter revenue was smaller than a year earlier because of the general slump in gaming due to the campaign against corruption in the mainland and slower economic growth there.
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