Galaxy Entertainment Group Ltd. reported first-quarter profit that missed analysts’ estimates as the declining contribution from high-rollers offset the recovery among casual gamblers.

Profit rose about 6 percent to HK$2.4 billion ($314 million) in the quarter, as measured by adjusted earnings before interest, taxes, depreciation and amortization, the Hong Kong-based company said Wednesday. That compared with the HK$2.47 billion median estimate of five analysts surveyed by Bloomberg.

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