• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Macau Legend CFO departs in fewer than three months

Sep 19, 2016 Newsdesk Industry Talk, Latest News, Macau  


Macau Legend CFO departs in fewer than three months

Macau-based casino services firm Macau Legend Development Ltd announced on Monday that Laurence Yuen Chin Yau had resigned as the company’s executive vice president and chief financial officer (CFO). The firm said the resignation was with effect from Monday, September 19.

Mr Yuen is leaving “to pursue other career aspirations,” Macau Legend said in a filing to the Hong Kong Stock Exchange. Mr Yuen had been appointed executive vice president and CFO on July 1, replacing Chan Kin Man. Mr Yuen was also the company secretary.

Macau Legend additionally announced that Wong Man Cheung had been appointed as the new executive vice president and CFO, effective from Monday. He will also serve as the company secretary.

Mr Wong is described has having more than 20 years of work experience, mainly in: accounting; auditing; corporate finance; treasury operations; business and financial control; financial advice; and corporate governance.

Before joining Macau Legend, Mr Wong was head of finance and company secretary of Sunevision Holdings Ltd, a subsidiary of Hong Kong-based property firm Sun Hung Kai Properties Ltd. The profile of Mr Wong featured in the filing made no mention as to whether he had any previous professional experience in the gaming sector.

Macau Legend – which posted a net loss of HKD175.3 million (US$22.6 million) for the first half of 2016 – runs two casinos in Macau: Babylon Casino at Macau Fisherman’s Wharf; and Pharaoh’s Palace Casino at the Landmark Macau (pictured); both on Macau peninsula. The casinos are operated under the casino licence of Macau gaming operator SJM Holdings Ltd.

Macau Legend announced on September 1 that it had completed the acquisition of a casino property in Laos known as Savan Vegas Hotel and Entertainment Complex.


  • tweet
Related articles
  • Macau Legend exits Fisherman’s Wharf casino biz, SJM stays
    Macau Legend exits Fisherman’s Wharf...

    Aug 10, 2022  

  • Macau Legend disinvests from bank bonds, gets US$26mln
    Macau Legend disinvests from bank...

    Aug 09, 2022  

More news
  • Singapore’s Gambling Regulatory Authority inaugurated
    Singapore’s Gambling Regulatory...

    Aug 16, 2022  

  • Macau drops professional secrecy override from junket bill
    Macau drops professional secrecy...

    Aug 16, 2022  


Latest News

Singapore’s Gambling Regulatory Authority inaugurated

Singapore’s Gambling Regulatory Authority inaugurated

Aug 16, 2022  

The Gambling Regulatory Authority of Singapore (GRA) was inaugurated at a ceremony on Tuesday. The new body – taking on the work of the former Casino Regulatory Authority and adding some new...
Read More
Macau drops professional secrecy override from junket bill

Macau drops professional secrecy override from junket bill

Aug 16, 2022  

PH Resorts still in talks on investment by Bloomberry

PH Resorts still in talks on investment by Bloomberry

Aug 16, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$9.3 million

Second-quarter gaming sales at Jeju Dream Tower casino resort in South Korea



Most Popular

  • Macau bill still lets junkets process patron cash, chipsMacau bill still lets junkets process patron cash, chips August 15, 2022
  • Wenzhou court hears bet crime cases said tied to Alvin ChauWenzhou court hears bet crime cases said tied to Alvin Chau August 12, 2022
  • Macau GGR 8-14 Aug US$10mln/day, up 120pct: brokerageMacau GGR 8-14 Aug US$10mln/day, up 120pct: brokerage August 16, 2022
  • No-interest play deposits ok for casinos says Macau billNo-interest play deposits ok for casinos says Macau bill August 12, 2022
  • Singapore’s Gambling Regulatory Authority inauguratedSingapore’s Gambling Regulatory Authority inaugurated August 16, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us