Macau Legend revenue drops 23.9 percent in 15H1

Macau Legend reported total revenue of approximately HK$698.2 million for the six months ended 30 June 2015, representing a decrease of 23.9 percent.

The company’s gaming revenue and non-gaming revenue decreased by 31.3 percent to HK$449.9 million and by 5.4 percent to HK$248.3 million, respectively, year-on-year.

The decline in gaming revenue was primarily due to the decrease in reported revenue from mass market tables of HK$211.5 million and outsourced VIP tables of HK$54.9 million. The company said, however, that this was offset by the reported revenue contributed by New Legend, a new self-run VIP operation of the company, of approximately HK$62.2 million for the six month period.

Non-gaming revenue was impacted by the decrease in revenue generated at The Landmark Macau of HK$50.7 million.