up 50 per cent in year-on-year terms<\/a> and up 2 per cent sequentially.<\/p>\n\n\n\nEarnings before interest, taxes, depreciation and amortisation (EBITDA) for the first quarter was HK$2.84bn (US$362.9m), up 48.7 per cent year-on-year, and up 1 per cent quarter-on-quarter. GGR was HK$9.63bn (US$1.23bn), up 59 per cent year-on-year and up 4 per cent when compared to the previous quarter. <\/p>\n\n\n\n
Mass GGR was HK$7.7bn (US$990m), up 57 per cent year-on-year and down 1 per cent quarter-on-quarter. Rolling chip GGR was HK$1.3bn (US$166m), up 64 per cent year-on-year and up 43 per cent quarter-on-quarter. Electronic GGR was HK$600m (US$77m), up 78 per cent year-on-year and up 18 per cent quarter-on-quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"
Galaxy Entertainment Group plans to roll out RFID tables across its casinos.<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Galaxy Entertainment Group (GEG) is implementing RFID smart tables across its Macau casinos starting July, with full deployment expected by year-end. This strategic move, endorsed by the DICJ, aims to enhance operational efficiency, integrity, and facilitate the identification of foreign gamblers for tax rebate compliance. Concurrently, GEG reported robust Q1 financial results, with net revenue up 50% and GGR up 59% year-on-year.","focusai_entities":"Galaxy Entertainment Group, GEG, Jefferies Hong Kong, Ted Chan Ying Tat, Gaming Inspection and Coordination Bureau, DICJ, Morgan Stanley","focusai_location":"Macau, Hong Kong","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), product_ux (0.7), tech_data (1.0), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (1.0)","focusai_suggestions":[{"label":"RFID ROI Projections","query":"What is the projected return on investment for Galaxy Entertainment Group's RFID table deployment, specifically quantifying the impact of operational efficiencies and the 5% foreign gambler tax rebate on NGR?"},{"label":"Regulatory Data Utilization","query":"How does the Gaming Inspection and Coordination Bureau (DICJ) plan to utilize the enhanced data streams from RFID tables to inform future regulatory adjustments or compliance enforcement protocols in Macau?"}],"footnotes":""},"categories":[157,16338],"tags":[23959],"class_list":["post-777015563","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","tag-galaxy-entertainment-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777015563"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015563\/revisions"}],"predecessor-version":[{"id":777015583,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015563\/revisions\/777015583"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777015563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777015563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777015563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}