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GALAXY ENT Francis Lui: Biz Transformation After New Gaming License Renewal Lifts GPM; Jun Performance Expected to Remain Strong
Macau gaming companies have been vigorously promoting concerts and conventions in recent years. Francis Lui, Chairman of GALAXY ENT (00027.HK), expressed satisfaction with the busi...
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GALAXY ENT Francis Lui: Biz Transformation After New Gaming License Renewal Lifts GPM; Jun Performance Expected to Remain Strong
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Macau gaming companies have been vigorously promoting concerts and conventions in recent years. Francis Lui, Chairman of GALAXY ENT (00027.HK)  -0.150 (-0.443%)    Short selling $74.10M; Ratio 20.129%   , expressed satisfaction with the business model transformation following the renewal of new gaming licenses.

By reducing VIP and increasing investment in non-gaming businesses, GALAXY ENT managed to cut costs such as gaming intermediary commissions while improving gross profit margins.

Related NewsG Sachs Remains Bullish on GALAXY ENT/ SANDS CHINA LTD, Expects Concerts/ Other Big Events Can Boost Sentiment
Furthermore, GALAXY ENT also successfully expanded high-end mass business, improving overall gross profit margin and supporting non-gaming business investments that have a longer return period.

Lui expected good performance in June as well, but believed that gaming is Macau's advantage, and GALAXY ENT's development strategy is to focus on this, and further promote the development of conventions and exhibitions, hotels, concerts and others.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-06 16:25.)

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