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Future in question for Macau satellite operator

Millions in outstanding loans could mean the end of satellite casino operator Macau Legend Development. Macau satellite casino operator Macau Legend Development (MLD) has posted losses for 2024 totalling HK$667.23 million (£66.7 million/€80 million/$86 million), up from just HK$4.9 in 2023. Net liabilities of HK$2.51 billion, including loans of HK$2.41 billion, “will be due for…

Can personal loans be forgiven with debt relief?

Certain debt relief strategies could result in having a portion of your personal loan debt forgiven, making it easier to manage your finances. Getty Images/iStockphoto When financial pressures mount and debt payments become overwhelming, many people begin searching for potential relief options, like debt forgiveness, which reduces your balance and makes it easier to pay…