Zhitong Finance App News, Galaxy Entertainment (00027) issued an announcement. Letter from the Chairman of Galaxy Entertainment Group Co., Ltd.: I am very happy to report to you the performance of GEG in the third quarter of 2026. The early part of the quarter was still partially affected by the FIFA World Cup, which ended on July 19, which had a brief impact on passenger traffic and gaming activities in the early part of the quarter. However, the effects were not lasting. As the tournament came to an end, the Group's performance quickly recovered, supported by strong summer tourist traffic and steady support from gaming and non-gaming businesses.
The number of visitors to Australia during the summer vacation was strong. In the third quarter of 2026, Macau recorded 11.2 million visitors, an increase of 8% year-on-year and a quarterly increase of 15%. Among them, the growth of visitors from mainland China was more ideal than the overall market, increasing by 10% year-on-year and 25% quarterly, reaching 8.6 million visitors, confirming Macau's appeal to its core customer market. This strong driver of passenger growth is also driving hotel occupancy rates and overall gaming and non-gaming businesses.
In the third quarter of 2026, Macau's total gaming revenue was HK$58.5 billion, down 4% year-on-year and 1% quarterly. In the first nine months of 2026, total market gaming revenue reached HK$181.7 billion, an increase of 3% year-on-year.
In this market environment, GEG recorded steady performance. In the third quarter of 2026, the Group's net revenue was HK$12.7 billion, up 4% year-on-year and 7% quarter-on-quarter. Adjusted EBITDA was HK$3.7 billion, up 10% year-on-year and 9% quarterly.