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This figure represents a 9% increase year-on-year, with FY 2024 revenue also rising.  

Growth in costs and expenses outweighed growth in revenue, causing the operator to report a net loss. 

The results demonstrated notable improvements in revenue and a reduced net loss.

Galaxy Entertainment Group (GEG) has announced its financial results for the fourth quarter and full year ending 31 December 2024, reflecting continued growth and reasons to be optimistic about the…

Q4 and FY24 results followed a similar trajectory, though for the full-year, Studio City reported a positive operating income and a decrease to net loss.

Q4 results saw operating profit fall 17% and profit after tax drop 8%.

Full-year revenue for 2025 is anticipated to be between $2.55bn and $2.65bn. 

The Betway parent company has released its Q4 and FY2024 results.  

The net loss represents a decrease of 135.4% year-over-year, primarily attributed by the release of $940m of valuation allowance against deferred tax assets associated with REIT leases in 2023.

The regulatory body has posted a number of updated policies for the year ahead.