Macau Legend Projects Significant FY24 Loss Due to Cape Verde Impairment and Tax Provisions
Macau Legend Development Faces Financial Turmoil: A Deep Dive Macau Legend Development Ltd, the notable operator behind Macau’s Legend Palace and the Macau Fisherman’s Wharf precinct, is in hot water. The company has issued a profit warning, forecasting a staggering loss of up to HK$640 million (approximately US$80 million) for the fiscal year ending December […]
Penske Media Eyes Downtown Grand for Rolling Stone Hotel & Casino
Rolling Stone Hotel & Casino: A New Chapter in Las Vegas Key Points Penske Media Corporation (PMC) is negotiating the purchase of Downtown Grand Hotel & Casino. The acquisition could lead to a rebranding as Rolling Stone Hotel & Casino. Penske aims to transform the venue into a hub for music and entertainment. The potential […]