Galaxy Entertainment Group (GEG) warned yesterday of “increasing competition from regional integrated resorts that are actively targeting the [mainland] Chinese market.”
The casino operator made the warning in a second-quarter earnings report to the Hong Kong Stock Exchange.
In the report, Galaxy said, “We do acknowledge that in the shorter term current international trade tensions may impact customer sentiment and spending habits.”
This photo taken last night shows the exterior of Galaxy Macau resort in Cotai. Photo: Monica Leong
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