Hong Kong-listed casino operator Galaxy Entertainment Group has reported a 42 per cent fall in net revenue to HK$11.5bn (approx. €1.39bn) for 2022, as results continued to be negatively impacted by Covid and the associated travel restrictions.
Net gaming revenue declined by 53 per cent compared to the previous year to $6.57bn, while non-gaming revenue fell by 24 per cent to $2.02bn, and revenue from construction materials decreased 4 per cent to $2.89bn.
Galaxy Macau remained the [...]