galaxy entertainment group
Galaxy Entertainment to Purchase 5.3 Million Primary Shares of Wynn Resorts; Former CEO and Founder Steve Wynn to Sell Remaining Eight Million Shares
Galaxy Entertainment Group | March 23, 2018
HONG KONG and LAS VEGAS, March 23, 2018 -- Galaxy Entertainment Group (HKEx stock code: 27) and Wynn Resorts, Limited (NASDAQ: WYNN) today announced that Galaxy Entertainment has agreed to purchase 5.3 million primary shares of Wynn Resorts at a price of $175 a share, resulting in $927,500,000 of gross proceeds to Wynn Resorts. Galaxy Entertainment Group Vice Chairman Francis Lui said, "This is a unique opportunity to acquire an investment in a globally recognized entertainment corporation with exceptionally high quality assets and a significant development pipeline." "It is an honor to have such a distinguished company a...
Monte-Carlo SBM and Galaxy Entertainment Group Form Strategic Partnership for Development of Integrated Resorts in the Asia-Pacific Region
April 20, 2017
Monaco and Hong Kong, 20th April 2017 – Monte-Carlo Société des Bains de Mer ("S.B.M."), world renowned owner and operator of iconic luxury hotels and resorts in the Principality of Monaco, and Galaxy Entertainment Group ("GEG"), one of Asia's leading developers and operators of world-class, luxury, integrated entertainment and resort facilities, announce today the formal establishment of a strategic partnership. This partnership includes a mutual commitment to enhance the respective businesses and brands of each company and to work together on the development and operation of entertainment businesses including Integ...
