In Macau and local gambling and hotel operator Macau Legend Development Limited has reportedly warned that it may not be able to continue as a going concern after chalking up a first-half net loss of approximately $61.86 million.
According to a report from Inside Asian Gaming, the Hong Kong-listed firm used an official Saturday filing (pdf) to declare this this result has engendered ‘material uncertainties’ as its total liabilities now stand at a little over $301.98 million. The source also explained that some $30.19 million of these a…