Galaxy Entertainment Group Limited · HKEX:27
Galaxy Entertainment — FY2005 Earnings Presentation
23 slides from Galaxy Entertainment's earnings presentation, Apr 11, 2006
Slide 1: 2005 Annual Results Announcement Press Conference
2005 Annual Results Announcement Press Conference 11 April 2006 1
Slide 2: Financial Summary
Financial Summary 2
Slide 3: Financial Summary
Financial Summary (For the year ended 31 December) Gaming and Construction Corporate 2005 2004 entertainment materials HK$ million HK$ HK$ Change HK$ million HK$ million million million Turnover 66 1,226 - 1,292 1,299 - 0.5% EBITDA before 19 146 (18) 147 161 -8.7% non-recurring items Non-recurring i
Slide 4: Macau Gaming Market
Macau Gaming Market 2004 2005 Changes Macau Market – Total Gaming Revenue VIP (MOP million) 28,916 28,023 -3.1% Mass (MOP million) 11,271 16,702 +48.2% Total (MOP million) 40,187 44,725 +11.3% 4
Slide 5: Market Share Analysis
Market Share Analysis 2005 (12-month) Number of Tables Total Number of Tables in the Market 1,388 Number of Galaxy Tables 63 % of Total 4.5% Galaxy Market Share VIP Market Share (%) 12.6% Mass Market Share (%) 1.7% Galaxy Total Market Share 8.6% Galaxy achieved 8.6% of the market share with only 4.5
Slide 6: Key Milestone in 2005
Key Milestone in 2005 • Company name changed to Galaxy Entertainment Group Limited December • Commencement of the foundation work of Galaxy Cotai Mega Resort Placed 146 million new shares July • Galaxy Casino, S.A. issued US$600 million bond October • Topping out of Signed the S&P agreement StarWorl
Slide 7: Key Milestone in 2006
Key Milestone in 2006 Superstructure of August Galaxy Cotai Mega Resort Opening of Rio Casino Opening of StarWorld Casino April Opening of Grand Waldo February 7
Slide 8: We Have…
We Have… License Land Funding Management Plan 8
Slide 9: Product Overview
Product Overview One of three direct concession holders authorized to own and operate gaming facilities in Macau VIP & Mass Market Mass Market StarWorld Galaxy Cotai Mega (opening in August Resort (opening 2008) 2006) 450 Tables 290 Tables 2004 2005 2006 2007 2008 VIP Market VIP Market VIP Marke
Slide 10: 2006 – The Rollout Begins
2006 – The Rollout Begins Capacity Expansion: - 1 casino to 4 casinos - 63 gaming tables to around 600 - 75 slot machines to 900 Table Growth: - Account for about 40% of the projected overall Macau tables increase in 2006 Market Capacity: - Operating about 25% of the total market tables in Macau by
Slide 11: StarWorld – the flagship hotel & casino
StarWorld – “the flagship hotel & casino” • A landmark casino building in Central Macau • Tallest hotel in Macau • An Asia client focused design • Gaming – 290 tables / 300 slots Expanding into the mass gaming market 11
Slide 12: StarWorld Hotel & Casino
StarWorld Hotel & Casino Spa Gaming Night Club/ Sauna Infinity Pool F&B 12
Slide 13: StarWorld Hotel & Casino
StarWorld Hotel & Casino Lobby Gaming Area 13
Slide 14: StarWorld Hotel & Casino
StarWorld Hotel & Casino Restaurant Hotel Room 14
Slide 15: StarWorld Hotel & Casino – Current Construction Status
StarWorld Hotel & Casino – Current Construction Status 15
Slide 16: StarWorld Hotel & Casino – Current Construction Status
StarWorld Hotel & Casino – Current Construction Status 16
Slide 17: Galaxy Cotai Mega Resort Opening in 2008
Galaxy Cotai Mega Resort Opening in 2008 • A must visit facility • 450 gaming tables / 1,000 slots • Huge expansion capacity A one-stop destination for gaming, retail, entertainment and cuisine 17
Slide 18: Galaxy Cotai Mega Resort
Galaxy Cotai Mega Resort Spa Night Club/ Sauna Gaming Indoor/ Wave Pool Theatre KTV/ Karaoke 18
Slide 19: Galaxy Cotai Mega Resort - Current Construction Status
Galaxy Cotai Mega Resort - Current Construction Status 19
Slide 20: City Clubs
City Clubs Waldo Casino • No. of tables: 63 • No. of slots: 74 Rio Casino • No. of tables: 90 • No. of slots: 150 Grand Waldo Casino • No. of tables: 146 • No. of slots: 300 20
Slide 21: Summary
Summary On track to deliver substantial shareholder value in 2006 21
Slide 22: Q&A
Q&A 22
Slide 23: Thank You
Thank You 23
Galaxy Entertainment Group — FY2005 Earnings Presentation on 6ix