The Galaxy Entertainment Group is a casino and hotel operator in Macau SAR, China. At exit, it was one of only six gaming concessionaires licensed to operate casinos in Macau, the world’s largest and fastest-growing gaming market by revenue – more than five times that of Las Vegas. Find out how we helped grow the company…
Galaxy Entertainment
Together we achieved
- The delivery of strong revenue growth and a spell of 16 quarters of consecutive EBITDA growth
- The growth of the market share from c. 10% to c. 20%
- The elevation of the company from being the fifth largest operator to the second in Macau – the world’s fastest-growing gaming market
This was accomplished by
- Partnering with the founding family to back the expansion of the business
- Consolidating the market position of its existing casino, Star World
- Accelerating growth with the opening of the Galaxy Macau Casino and Leisure Resort, the only Asian-themed resort in Macau
- Strengthening the company’s position as the leading Asia-focused gaming and entertainment group in Macau
The metrics
€594m
Transaction value (20% stake)
2007
Acquisition year
2.8x
ROI
2012
Exit year
Gaming revenue growth
2010 - HK$183m
2011 - HK$260m