Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Macau Legend Development ( (HK:1680) ) has provided an announcement.
Macau Legend Development Limited announced the termination of its service agreement with SJM Resorts S.A., effective December 31, 2025. The decision is influenced by evolving regulatory changes in Macau’s gaming laws, which will impact casino operations on third-party premises. The company anticipates a reduction in gaming-related income and is shifting its strategy towards enhancing non-gaming revenue streams, such as hotel and convention services, to mitigate the impact.
More about Macau Legend Development
Macau Legend Development Limited, incorporated in the Cayman Islands, operates in the gaming and entertainment industry. The company focuses on providing services such as selling, promotion, advertising, customer development, and coordination of activities, with a market focus on Macau’s gaming and non-gaming sectors.
YTD Price Performance: -32.64%
Average Trading Volume: 598,709
Technical Sentiment Signal: Sell
Current Market Cap: HK$601.5M
For detailed information about 1680 stock, go to TipRanks’ Stock Analysis page.