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Macau Legend Reports Heavy Loss Ahead of Legend Palace Shutdown

Vanja Mitic
Latest Casino and Gambling NewsCasino DestinationsCasino NewsCasino reviews from MacauWorld Casino NewsCasino closuresGaming Industry NewsEconomy/FinanceFinancial Press Releases
August 27, 2025 0
Macau Legend Development Ltd has announced that it expects to record a significant loss of approximately HK$1.42 billion (US$182 million) for the first...

Macau Legend Projects Significant FY24 Loss Due to Cape Verde Impairment and Tax Provisions

Johnny K.
Latest Casino and Gambling NewsWorld Casino NewsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau
March 25, 2025 0
Macau Legend Development Ltd, the operator behind Macau’s Legend Palace and the Macau Fisherman’s Wharf precinct, has issued a profit...

Macau Legend Development Completes Disposal of Laos Casino Resort After Delays in February

Vanja Mitic
LaosLatest Casino and Gambling NewsCasino DestinationsCasino NewsWorld Casino NewsCasino closuresGaming Industry NewsEconomy/FinanceAsian Casino News
May 17, 2024 0
Macau Legend Development Ltd, a distinguished entity listed on the Hong Kong Stock Exchange, has successfully concluded the planned disposal...
macau

Macau Legend Loses HK$182.5 Million, Closes Laos Operation

Vanja Mitic
LaosLatest Casino and Gambling NewsCasino NewsCasino reviews from MacauOnline gambling regulationCasino closuresGaming Industry NewsEconomy/FinanceMacauFinancial Press Releases
August 31, 2023 0
The first half of the year was tough for the Macau Legend, a renowned satellite casino operator. The company lost...

Uncertain future for Macau Legend Development Limited

Adam Morgan
Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships
September 14, 2022 0
In Macau and local gambling and hotel operator Macau Legend Development Limited has reportedly warned that it may not be...

Macau Legend Development Limited exits the Macau casino business

Adam Morgan
Casino SalesLatest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships
August 10, 2022 0
In Macau and local gambling and hotel operator Macau Legend Development Limited has reportedly announced that it has ceased being...

Tak Chun Group boss arrested on criminal gang charges in Macau

Adam Morgan
Latest Casino and Gambling NewsCasino NewsGaming Industry NewsMoney LaunderingEconomy/FinanceUnlicensed OperationLicensesMacauMergers, Acquisitions & PartnershipsCrimeFines, Lawsuits & Litigation
January 31, 2022 0
The man behind Asian junket giant Tak Chun Group, Levo Chan Weng Lin (pictured), was reportedly arrested by Macau police...

Junket boss acquires significant stake in Macau Legend Development Limited

Adam Morgan
Latest Casino and Gambling NewsGaming Industry NewsEconomy/FinanceMacauMergers, Acquisitions & Partnerships
September 15, 2020 0
In Macau and an entity controlled by local businessman Chan Weng Lin (pictured) has reportedly paid approximately $173 million in...

Legend Palace Hotel temporarily closed due to ‘Wuhan virus’ slump

Adam Morgan
Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacau
February 10, 2020 0
In Macau and the Legend Palace Hotel has reportedly become the latest of the city’s 121 hotel’s to temporarily close...

Expansion aspiration for Macau’s waterfront Ponte 16 Resort

Adam Morgan
Latest Casino and Gambling NewsCasino NewsCasino expansion projectsEconomy/FinanceMacau
June 20, 2019 0
Land-based casino operator in Macau, Success Universe Group Limited, has reportedly announced that it hopes to be given government permission...

Fraudulent website warning issued by Macau Legend Development Limited

Adam Morgan
Latest Casino and Gambling NewsOnline gambling regulationNew online casinosLotteryThe Players LoungeUnlicensed OperationOnline Gambling NewsMacauCrimeLicensingFines, Lawsuits & Litigation
May 8, 2019 0
Asian casino operator, Macau Legend Development Limited, has reportedly been forced to issue an official statement warning the wider public...

Macau Legend Development Limited acquires Cambodian land

Adam Morgan
Casino SalesLatest Casino and Gambling NewsCambodiaCasino NewsMergers, Acquisitions & Partnerships
January 2, 2019 0
Asian casino operator, Macau Legend Development Limited, has reportedly announced the signing of a deal that has seen it spend slightly...

Macau Legend Development Limited announces ‘special dividend’ payment

Adam Morgan
Latest Casino and Gambling NewsEconomy/FinanceMacau
July 6, 2018 0
Asian casino operator, Macau Legend Development Limited, has reportedly declared that it will be paying shareholders a ‘special dividend’ worth some...

Legend Palace back in business after recovering from Typhoon Hato

Sadonna Price
Latest Casino and Gambling NewsMacau
September 20, 2017 0
Close to four weeks after closing due to Typhoon Hato, the Legend Palace Casino has now reopened. The Macau waterfront...

Legend Palace Hotel opens with live-dealer gaming tables

Adam Morgan
Latest Casino and Gambling NewsCasino NewsCasino openingsCasino project updatesMacau
February 27, 2017 0
In Macau, casino operator Macau Legend Development Limited has opened its new 223-room Legend Palace Hotel development in the city’s...
1 2

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Breaking world casino news

  • Marshall Yards Racing & Gaming Confirms Feb. 25 Opening Date

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