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Tag Archives: Landmark Macau

China – Macau Legend to sell Landmark Macau

Macau Legend Development Limited is selling The Landmark Macau hotel and casino and its management company New Macau Landmark Management Limited for HK$4.6bn to four local Macau companies. It has said it wants to streamline and focus its efforts on the success of its Macau Fisherman’s Wharf development. Dong Lap Hong Property Investment Company Limited…

China – Macau Legend to sell Landmark Macau and Pharaoh’s Palace casinos

Macau Legend is planning to sell its Landmark Macau casino hotel along with the Pharaoh’s Palace Casino located there. The operator made the announcement as it delivered its results for the year, reporting a loss in 2015 of HK$268.5m in 2015. Gaming revenue decreased by 29.9 per cent to HK$897.4m whilst Non-gaming revenue increased by…