Macau Legend to exit Cambodia and Cape Verde projects

Home » Macau Legend to exit Cambodia and Cape Verde projects

After selling the Laos casino Savan Legend this June, Macau-based gaming operator Macau Legend Development announced its plan to exit several overseas projects in Cambodia and Cape Verde by 2025.

The company is said to be actively developing non-gaming businesses to reduce dependence on gaming.

Li Chu Kwan, chairman and executive director of Macau Legend, mentions that the company will focus on mass business based in Macau. In order to enhance its tourist attraction, Macau Legend is negotiating with yacht companies from the Greater Bay Area, aiming at luring more tourists visiting their property via yachts.

According to Hong Kong media, Li revealed that the group plans to enhance its non-gaming amenities within Macau’s Fisherman Wharf. These include clubs and spa facilities.

Macau Legend failed to settle the purchase of land in Cambodia in 2021, and the original plan was to develop an integrated resort.

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Source: Asia Gaming Brief

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