The Government of Cape Verde will revoke the concession for the hotel-casino project in the city of Praia, following the abandonment of the Macau Legend Development group, the country's Prime Minister announced.

Junket investor Rich Goldman reports that its borrower Loke Meng Yuet has failed to repay the loan of HK$ 35 million ($4.5 million) according to the loan agreement dated 2020. In this case, the junkets say it “commences to take legal action against the Borrower to recover the Loan by enforcing the rights on the mortgaged property.”

The operator of Macau Fisherman's Wharf, Macau Legend Development, revealed that its hotel occupancy rate reached 80 to 90 percent lately following the easing of all the COVID-related travel restrictions.

Asian players have moved increasingly online over the past year, not just to place their bets, but to also share social betting experiences through streaming and messaging channels, says sports betting and technology company 1XBet.

Macau found a way to ring out the year with a touch of Xmas cheer as hotels reached an average occupancy rate of 70 percent and the number of visitors jumped 20 percent.

Chan Weng Lin, also known as Levo Chan, has become the CEO of Macau Legend in addition to his role as co-chair of the board. He replaces Melinda Chan in the executive post.

The Star has announced yet another departure from its corporate leadership, with Jessica Mellor – CEO of The Star Gold Coast - tendering her resignation.

Hong Kong developer the Far East Consortium (FEC) has enlisted CBRE and McVay Real Estate to market two Ritz Carlton hotels, in Melbourne and Perth, with a total of 462 luxury rooms.