The Galaxy Macau Phase 2 casino and hotel. Galaxy Entertainment had net cash of HK$27 billion at the end of December, the highest among its peers, according to Morningstar. Photo: Bloomberg
Macau casino firm Galaxy Entertainment’s turnaround shows sector has winning hand, even if Covid-19 dominates near term, analysts say
- Galaxy has also announced a special dividend of 30 Hong Kong cents per share
- Other companies, however, are not expected to pay dividends in the near term, Morningstar analyst says
The Galaxy Macau Phase 2 casino and hotel. Galaxy Entertainment had net cash of HK$27 billion at the end of December, the highest among its peers, according to Morningstar. Photo: Bloomberg
