Macau Legend loss widens in first half of year

Date

September 1, 2017

Author

none

Source

Asia Gaming Brief

Region


Subject

Macau

URL

http://agbrief.com/news/macau-legend-loss-widens-first-half-year

Macau Legend Development saw its loss widen in the six months ended June 30, 2017, due mainly due to an increase in operating and finance costs, and depreciation following the opening of Legend Palace Casino and Hotel. Loss for the six month period reached HK$228.6 million (US$29.2 million… reported strong growth in revenue in the half year, reaching HK$855.9 million, representing an increase of 28.5 percent year-on-year.