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

May 17, 2024

Laos, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino closures, Gaming Industry News, Economy/Finance, Asian Casino News

Macau Legend Development Ltd, a distinguished entity listed on the Hong Kong Stock Exchange, has successfully concluded the planned disposal of its esteemed Laos casino resort, as announced through an official ...

Macau Legend Loses HK$182.5 Million, Closes Laos Operation

Vanja Mitic

August 31, 2023

Laos, Latest Casino and Gambling News, Casino News, Casino reviews from Macau, Online gambling regulation, Casino closures, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

The first half of the year was tough for the Macau Legend, a renowned satellite casino operator. The company lost HK$182.5 million, or US$23.26 million, in revenue. However, the good news is that the recovery i...

Uncertain future for Macau Legend Development Limited

Adam Morgan

September 14, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships

In Macau and local gambling and hotel operator Macau Legend Development Limited has reportedly warned that it may not be able to continue as a going concern after chalking up a first-half net loss of approximat...

Legislators in Thailand submit petition calling for the legalization of casinos

Adam Morgan

July 28, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Thailand

In Thailand and a panel of federal legislators has reportedly submitted a special petition calling on the right-wing coalition government of Prime Minister Prayut Chan-O-Cha to legalize casino gambling. Acco...

Thailand survey uncovers support for legalized casino resort

Adam Morgan

July 11, 2022

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Thailand

In Thailand and a new survey has reportedly revealed that almost 81% of respondents would support the idea of legalizing gambling and allowing foreign firms to construct and operate at least one Las Vegas-style...

Thailand inaugurates body to investigate legalization of casino gambling

Adam Morgan

December 6, 2021

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licenses, Taxation, Thailand

The government of Thailand has reportedly established a special cross-bench body that is to be tasked with considering a variety of measures that could well lead to the legalization of some casino gaming. Ac...

Junket boss acquires significant stake in Macau Legend Development Limited

Adam Morgan

September 15, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

In Macau and an entity controlled by local businessman Chan Weng Lin (pictured) has reportedly paid approximately $173 million in order to purchase a 20.65% stake in Asian casino operator Macau Legend Developme...

Fraudulent website warning issued by Macau Legend Development Limited

Adam Morgan

May 8, 2019

Latest Casino and Gambling News, Online gambling regulation, New online casinos, Lottery, The Players Lounge, Unlicensed Operation, Macau, Online Gambling News, Crime, Licensing, Fines, Lawsuits & Litigation

Asian casino operator, Macau Legend Development Limited, has reportedly been forced to issue an official statement warning the wider public about an ostensibly fraudulent website that is allegedly utilizing its...

Macau Legend Development Limited acquires Cambodian land

Adam Morgan

January 2, 2019

Casino Sales, Latest Casino and Gambling News, Cambodia, Casino News, Mergers, Acquisitions & Partnerships

Asian casino operator,?Macau Legend Development Limited, has reportedly announced the signing of a deal that has seen it spend slightly over $90 million in order to buy a large plot of land in central Cambodia....

Macau Legend Development Limited announces ‘special dividend’ payment

Adam Morgan

July 6, 2018

Latest Casino and Gambling News, Economy/Finance, Macau

Asian casino operator,?Macau Legend Development Limited, has reportedly declared that it will be paying shareholders a ‘special dividend’ worth some $63.88 million after earlier recording a 24.8% increase year-...

NagaCorp Limited financials lifted by VIP players

Adam Morgan

March 19, 2018

Cambodia, Latest Casino and Gambling News, Economy/Finance

Asian casino operator NagaCorp Limited has released its financial results for 2017 showing that it experienced an almost 80% increase year-on-year in total revenues to $956.3 million alongside an over 28% impro...

Swiss banking firm increases stake in Silver Heritage Group Limited

Adam Morgan

July 13, 2017

Latest Casino and Gambling News, Casino project updates, Mergers, Acquisitions & Partnerships, Nepal

Swiss banking group UBS AG has reportedly become a substantial stakeholder in Silver Heritage Group Limited after Monday saw it acquire just over 39.12 million shares in the Asian casino operator. According ...

Lucrative year on the cards for RGB International

Adam Morgan

March 27, 2017

Casino Sales, Latest Casino and Gambling News, Economy/Finance, Asian Casino News, Malaysia

Malaysian electronic gaming machine manufacturer RGB International has reportedly declared that it is hoping to deliver equipment worth about $40 million this year to clients across Asia including those in the ...

Silver Heritage Group increases budget for under-construction Nepal casino

Adam Morgan

March 24, 2017

Latest Casino and Gambling News, Casino project updates, Economy/Finance, Nepal

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Asian casino operator Silver Heritage Group has increased the budget for its under-construction Tiger Palace Resort Bhairahawa in Nepal by over 34% and begun raising additional funds to cover the escalating cos...

Silver Heritage Group granted temporary stock suspension

Adam Morgan

February 27, 2017

Latest Casino and Gambling News, Casino project updates, Economy/Finance, Nepal

After announcing earlier this month that the opening of its new Tiger Palace Resort Bhairahawa in Nepal had been delayed, Asian casino operator Silver Heritage Group has now been granted an immediate suspension...

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

Macau Legend Loses HK$182.5 Million, Closes Laos Operation

Uncertain future for Macau Legend Development Limited

Legislators in Thailand submit petition calling for the legalization of casinos

Thailand survey uncovers support for legalized casino resort

Thailand inaugurates body to investigate legalization of casino gambling

Junket boss acquires significant stake in Macau Legend Development Limited

Fraudulent website warning issued by Macau Legend Development Limited

Macau Legend Development Limited acquires Cambodian land

Macau Legend Development Limited announces ‘special dividend’ payment

NagaCorp Limited financials lifted by VIP players

Swiss banking firm increases stake in Silver Heritage Group Limited

Lucrative year on the cards for RGB International

Silver Heritage Group increases budget for under-construction Nepal casino

Silver Heritage Group granted temporary stock suspension

Tabcorp Ordered to Overhaul Operations After Major Compliance Failures

Thaksin Shinawatra Backs Casino Resorts as Key to Thailand’s Economic Revival

Evoke Acquires New Gambling Solutions to Boost Romanian Market Presence

NFL Players Association Files Lawsuit Against DraftKings Over NFT Platform Closure

Sweepstakes Casinos Are Dominating Right Now, But Are They Here To Stay?

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