Galaxy Entertainment Group Limited (00027) said in Q3 2019, the group posted net revenue of HK$12.7 billion, down 2% year-on-year and down 4% quarter-on-quarter. Adjusted EBITDA was HK$4.1 billion, up 6% year-on-year and down 5% quarter-on-quarter.
The group's total gross gaming revenue (GGR) on a management basis in Q3 2019 was HK$14.3 billion, down 10% year-on-year and down 6% quarter-on-quarter. Mass GGR was HK$7.3 billion, up 11% year-on-year and up 1% quarter-on-quarter. VIP GGR was HK$6.4 billion, down 26% year-on-year and down 13% quarter-on-quarter. Electronic GGR was HK$641 million, up 3% year-on-year and up 6% quarter-on-quarter.
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