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Macau Legend completes sale of Savan Legend Resorts in Laos

Macau Legend has completed the sale of its Savan Legend Resorts in Savannakhet, Laos, to Japanese buyer Shundo Yoshinari.

Macau Legend pushes back timing for Laos casino sale

Macau’s Fisherman Wharf operator, Macau Legend Development Ltd, has announced another extension of the timeline for finalizing arrangements related to the planned sale of a casino resort business in Laos. The new deadline is now set for May 3rd.

Deadline for sale of Macau Legend Laos casino extended to April 15th

The deadline for the completion of Macau Legend's sale of its Savan Legend hotel and casino property has been extended until April 15.

Macau Legend gets $6 million less than expected for sale of Laos casino operation to Japanese businessman

Macau Legend has announced that it will be receiving some $6 million less than initially expected for the sale of its 100 percent interest in its Laos casino operation: Savan Legend.

Cape Verde to revoke Macau Legend gaming concession

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.

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 Ltd announced it is actively developing non-gaming businesses in order to reduce dependence on gaming.

Macau Legend records 1H23 loss of $23.2 million, still pushing to divest Laos operation

Satellite casino operator Macau Legend has recorded a loss of some HK$182.5 million ($23.26 million) for the first half-year, according to results filed with the Hong Kong Stock Exchange. The group saw overall revenues fall by some 22.7 percent yearly, hitting just HK$420.4 million ($53.58 million) during the six-month period.

Macau Legend to sell Laos casino Savan Vegas for $45 million

The operator of Macau Fisherman’s Wharf, Macau Legend, has announced its intention to sell its entire interest in its Laos gaming operation – Savan Legend Resorts Hotel and Entertainment Complex - for some $45 million.

Macau Legend narrows FY22 loss to $77.35 million, hopeful as satellite operations revamp

Macau Legend has significantly narrowed its loss in 2022, down 48 percent from the previous year, reaching HK$607.2 million ($77.35 million) but remains concerned that its debt could ‘cast significant doubt on the Group’s ability to continue as a going concern’.

Macau Legend faces possible legal action over stopped $271mln Cape Verde casino project

Macau Legend’s plans for a 250 million euro ($271.2 million) casino in the Cape Verde city of Praia could be in jeopardy, after the nation has threatened to take legal action against the company for not following through with its construction and investment deadlines.