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Galaxy Entertainment posts steady Q1, doubles down on Macau expansion and live events

Story Highlights
  • Galaxy Entertainment delivered higher year-on-year revenue and EBITDA in Q1 2026, maintained a strong cash position, and reaffirmed its dividend and expansion funding capacity.
  • The company is expanding premium gaming, ramping new hotel and Phase 4 non-gaming offerings, and leveraging major entertainment and sports events to strengthen Macau visitation and future growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Galaxy Entertainment posts steady Q1, doubles down on Macau expansion and live events

Meet Samuel – Your Personal Investing Prophet

An update from Galaxy Entertainment Group ( (HK:0027) ) is now available.

Galaxy Entertainment Group reported first-quarter 2026 net revenue of HK$12.4 billion, up 11% year-on-year but down 10% quarter-on-quarter, with adjusted EBITDA rising 8% year-on-year to HK$3.6 billion but easing sequentially due to luck factors, while underlying performance remained stable. The group maintains a strong balance sheet with HK$39.2 billion in cash and liquid investments, supporting its dividend plans and funding for expansion.

The company is intensifying its entertainment and events strategy, hosting over 80 concerts and sporting events, including the ITTF World Cup Macao, and scheduling marquee shows and UFC events to draw visitors. Galaxy is also ramping up the newly opened Capella at Galaxy Macau, expanding its Horizon Plus premium gaming area, preparing mitigation efforts for potential World Cup-related visitation shifts, and pushing ahead with its large Phase 4 project, which will significantly expand non-gaming amenities and is expected to be a strategic growth driver.

The most recent analyst rating on (HK:0027) stock is a Buy with a HK$48.00 price target. To see the full list of analyst forecasts on Galaxy Entertainment Group stock, see the HK:0027 Stock Forecast page.

More about Galaxy Entertainment Group

Galaxy Entertainment Group is a leading integrated resort and casino operator in Macau, focusing on gaming, hospitality, and large-scale entertainment offerings. The company targets both mass-market and premium gaming customers, supported by luxury hotels, expanded premium gaming areas, and a growing roster of non-gaming attractions such as concerts, sports events, and retail and dining experiences.

Average Trading Volume: 11,403,132

Technical Sentiment Signal: Sell

Current Market Cap: HK$143.5B

See more insights into 0027 stock on TipRanks’ Stock Analysis page.

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