Galaxy Entertainment

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…

Hong Kong

Realised

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

www.galaxyentertainment.com

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