Former Macau satellite casino operator Macau Legend Development Ltd has issued a stark profit warning, projecting a loss of HK$1.57 billion (US$200 million) for the financial year ending 31 December 2025.
This represents a sharp deterioration from the HK$623 million (US$79.6 million) loss recorded the previous year — highlighting not just company-specific issues, but a broader structural shift in Macau’s gaming ecosystem.
Genting Singapore Executive Chairman and Acting CEO Lim Kok Thay has confirmed that the US$5 billion RWS 2.0 expansion at Resorts World Sentosa is progressing on schedule, with completion targeted for 2030.
NagaCorp Ltd, operator of NagaWorld, reported a 56.0% increase in net profit to US$309.9 million in FY2025, driven by strong growth across all gaming segments.
Authorities in Taiwan have uncovered a large-scale credit card money laundering syndicate, with alleged links to casino activity in Macau.
Wynn Macau has granted 5.59 million shares to employees under its employee ownership scheme, reinforcing its strategy to align staff incentives with long-term corporate performance and shareholder value.
Author: Janice Chew • Wednesday, 25/03/2026
