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Tag Archives: Pharaoh’s Palace Casino

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…

China – Macau Legend warns of loss

Macau Legend Development, the operator behind two Macau casinos, has warned that it will record a loss for the six months ended June 30, 2015. The group operates the Babylon Casino at Fisherman’s Wharf and Pharaoh’s Palace Casino at the Landmark Hotel via a concessionaire deal with SJM Holdings. The company said in a filing…