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Focus Gaming News Asia Pacific | Macau legend

Macau legend

Check the latest Macau legend news

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01/31/22
Macau Legend.

Macau Legend Development CEO resigns after arrest

01/21/22

Macau Legend hopes for gaming licence of its own

10/25/21

Macau Legend criticises reduction of gaming concessionaires

David Chow, Macau Legend Co-Chairman, is against the government’s proposed changes to reduce the number of concessionaires.

09/01/21

Macau Legend posts net loss of US$88.5m for H1

Macau Legend Development has reported a net loss of HK$688.6m (US$88.5m) for the first six months of the year, up 25.2 per cent from 2020.

07/01/21

Macau Legend seeks solution for Cambodia land transfer

Macau legend plans to build an IR in Cambodia but the acquisition of the site has been delayed due to the Covid-19 pandemic.

05/18/21

Macau Legend unsure of quick return to positive EBITDA

Melinda Chan Mei Yi, Macau Legend’s executive director, has said it remains difficult to forecast a return to positive EBITDA amid uncertainty around the Covid-19 pandemic.

03/30/21

Macau Legend revenue down 70% in 2020

Macau Legend Development has reported a loss of US$252m in 2020 due to a decrease in the number of visitors to Macau and Laos.

03/20/21

Macau Legend to report consolidated loss of US$258m for 2020

Macau Legend Development expects to report a consolidated loss of up to US$258m due to a decrease in the number of visitors to Macau and Laos in 2020.

01/04/21

Levo Chan replaces Melinda Chan as Macau Legend CEO

The businessman has officially taken the position of Chief Executive Officer of the company.

11/25/20

Junket CEO increases stake in Macau Legend

Chan Weng Lin of Tak Chun Group has taken his interest in the company to 33.19 per cent.

11/10/20

Cape Verde rejects Chow bank licence

The Macau businessman David Chow had requested permission to open a bank in the African country in 2018.

11/09/20

Tak Chun CEO joins Macau Legend board

Levo Chan will join the board after becoming the largest single shareholder in the casino and hotel operator.

09/22/20

Chan to make offer for Macau Legend shares

The junket operator is expected to place a bid for all of the company’s publicly traded shares under HK’s Takeover Code.  

09/17/20

Macau Legend founder now holds under 10% of company

The founder and his wife were the largest shareholders in the company but sold a large part of their stake.

09/16/20

Junket CEO acquires 20.65% of Macau Legend

A firm listed in the British Virgin Islands under the name Perfect Achiever Group has made the acquisition for about US$173 million. 

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Gaming News, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.