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Galaxy’s Q3 EBITDA, net revenue surge 14 per cent

Gaming operator Galaxy Entertainment Group (GEG) reported adjusted earnings before interest, taxation, depreciation, and amortisation (EBITDA) of HK$3.3 billion (USD 430 million) for the third quarter, up 14 per cent year on year but down 6 per cent from the previous quarter (April to June).

In a filing to the Hong Kong Stock Exchange on Thursday, GEG also announced net revenue of HK$12.2 billion for the July to September period, a 14 per cent rise compared with the same period last year.

The group’s gross gaming revenue (GGR) for the same three-month period reached HK$12.24 billion, up 20.6 per cent.

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