Galaxy Entertainment Group (GEG; ) is a company that owns and operates hotels and casinos in Macau through its subsidiary, Galaxy Casino S.A.
History
The company, known formerly as K. Wah Construction Materials, disposed of its construction material business and became the only Hong Kong-listed company to hold an operating license in Macao in 2005 by acquiring a 97.9% stake in Galaxy Casino SA. The deal was described as akin to "a snake trying to swallow an elephant". Galaxy and Venetian Macao had originally planned to run their gaming license in Macao jointly, but the two had since split and decided to run their gaming business separately.[1]
In February 2020 the company confirmed it had withdrawn from its bidding in Osaka and would instead focus on other licenses in Japan, including Yokohama[2] among others.[3] After its Macau casinos were closed that month for the COVID-19 outbreak as well as other casinos, the company said it would return to full capacity only after guest demand had increased.[4]
Properties
The company owns the following casinos and hotels in Macau:
- The StarWorld Macau (Macau Peninsula)
- CityClub casinos (Macau Peninsula)
- Waldo Casino
- President Casino
- Rio Casino
- Broadway Casino (Cotai)
- The Galaxy Macau (Cotai)
Business areas
The principal activities of Galaxy Entertainment and its subsidiaries are operation in casino games of chance or games of other forms, provision of hospitality and related services in Macau, and the manufacture, sale and distribution of construction materials in Hong Kong, Macau and Mainland China.
It operates in two segments: gaming and entertainment, and construction materials.
Ownership structure
Galaxy Entertainment Group is ultimately controlled by the Lui Family of Hong Kong, which has a combined interest of 50.3%. This family has a direct interest of 8.6% in GEG and an indirect interest of 41.7% via the Lui Family Trust and Hong Kong listed K Wah International.[5]
See also
- List of companies of Hong Kong
- Gambling in Macau
- Gambling in Hong Kong
- List of integrated resorts
- List of casino hotels
External links
References
- Paresh Chugh, Sammy Chan. K. Wah joins Galaxy of gaming market Chinadaily.com.cn, retrieved 6 January 2017^
- Galaxy Entertainment Group confirms Osaka withdrawal, reaffirms commitment to Japan IAG, 2020-02-17, retrieved 2026-02-12^
- Galaxy Entertainment Group still wants Japan IR after Osaka failure CalvinAyre.com, 2020-02-18, retrieved 2026-02-12^
- Daniel Beitler. Casinos confirm phased openings only MACAU DAILY TIMES 澳門每日時報, 2020-02-18, retrieved 2026-02-12^
- Galaxy Entertainment (27)-Initiate OW(V): A company transformed pg.jrj.com.cn, retrieved 2025-12-24^