Macau Legend Development Ltd disclosed that its annual loss more than doubled to HKD1.57 billion (Rs.15,600 crore / US$199.9 million) in 2025, compared with HKD622.6 million in 2024. The filing to the Hong Kong Stock Exchange included losses from discontinued gaming operations, reflecting the end of the company’s satellite casino business. The firm warned investors of a “going concern” risk due to net current liabilities of HKD2.70 billion and bank borrowings totaling HKD2.40 billion, against cash reserves of just HKD27.1 million.