Entries Categorized as 'Galaxy Grand Waldo'

Galaxy Entertainment Feeling the Pinch

Date September 21, 2008

Galaxy Entertainment Group Ltd., the Macau gambling operator part owned by Permira Advisers LLP, posted a wider first-half loss after writing down the value of its casino license.

The company’s loss widened to HK$7.43 billion (US$955 million), or HK$1.89 a share, from HK$267.8 million, or 8.1 Hong Kong cents a share, a year earlier, it said in a Hong Kong stock exchange filing today. Sales declined to HK$5.39 billion from HK$6.33 billion.

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Galaxy Announces Full Year 2006 Results

Date April 19, 2007

Significant Milestones Achieved
Opens 4 Casinos Including Its Flagship StarWorld, Captures 22% Market Share, and Tops Out Galaxy Mega Resort Tower at the Cotai Strip.

Galaxy Entertainment Group Limited (”Galaxy”) today announces its full year financial results for the year ended 31 December 2006. Galaxy has capitalized on the fast growing gaming market in Macau to position itself as one of the dominant Casino Operators within the Macau gaming market.

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Grand Waldo Casino Macau Official Opening

Date October 2, 2006

Just to put the facts straight Grand Waldo Casino opened on May 20, 2006, this event is the official opening as its now includes the Grand Waldo Hotel and Empire City Club and Spa.

Macau opened its second new casino in a month Friday, with the Grand Waldo Casino and Hotel celebrating its official start in the Chinese territory that may soon replace Las Vegas as the world’s gambling epicenter.

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