Tag Archives: Cape Verde
Cape Verde cancels deal with Macau Legend for ‘flagrantly and repeatedly’ breaching agreement
The government of Cape Verde has terminated its agreement to allow Macau Legend Development to develop a casino on the West African island, slamming the operator for ‘flagrantly and repeatedly’ breaching its obligations for the €250m project once earmarked for capital of Praia. In a statement signed by Prime Minister Ulisses Correia e Silva, the…
Cape Verde – Macau Legend starts Cape Verde casino construction
Macau Legend Development has officially started construction of its €250m casino resort in Praia in Cape Verde, located in the Atlantic Ocean off the coast of Western Africa, in what it believes will be a three year build. The project, which will be Cape Verde’s largest tourism resort, will include a 152,700 square-meters integrated resort…
Cape Verde – Macau Legend to develop $200m casino resort on Cape Verde
Macau Legend Development has confirmed its plans to develop a world-class integrated leisure, tourism and entertainment project in Cape Verde to the tune of HK$2.15bn (US$200m). The Macau-based operator, who operates the Babylon Casino at Fisherman’s Wharf and Pharaoh’s Palace Casino at the Landmark Hotel via a concessionaire deal with SJM Holdings, is looking to…