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Macau Legend

By Josh Harrison , 2 April 2026
M

Macau Legend Posts Sharp Loss Escalation, Flags Going Concern Amid Satellite Casino Exit

Macau Legend Development Ltd, a former satellite casino operator, reported a more than twofold increase in its annual loss, intensifying concerns about its financial stability. The loss attributable to shareholders reached HKD1.57 billion (Rs.16,030 crore / US$199.9 million) for 2025, up from HKD622.6 million in 2024, driven largely by the discontinuation of its satellite gaming operations. The company reiterated a “going concern” warning, citing net current liabilities of HKD2.70 billion, borrowings of HKD2.40 billion, and limited cash reserves of HKD27.1 million.

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