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Local Name:
Budget:
290M
Announced:
22 Jul 2015
Construction Start:
Aug 2018
Opening:
unknown
Area:
16 ha
Developer:
Cabo Verde Resorts, Macau Legend Development Ltd
Operator:
Consultants:
Designers:
Contractors:
Ride Suppliers:
Other Suppliers:
  1. Google Earth maps were updated in January 2022 but still nothing to be seen here. That combined with financial troubles seems to indicate that this project is dead in the water.





    Source: Google Earth

  2. CaitlinA is offline Senior Park Investigator
    Join Date
    Apr 2022
    Posts
    15
    Looks like trouble for Hong-Kong based Macau Legend Development Ltd. They are the firm that owns the project at Cape Verde and it looks like their stock is / was getting suspended as of April 1 due to not being able to publish their numbers on time due to COVID shortages.

    Also bad news for Macau executive director:

    Following his detention by Macau authorities on suspicion of illegal running of gambling operations and money laundering, Mr Chan resigned from his roles as an executive director, the co-chairman and the chief executive of the Macau Legend, with effect from January 31.
    Source: https://www.ggrasia.com/macau-legend-says-stock-likely-suspended-in-hk-from-april-1/

  3. ResortsAhoy is online now resortX Top Investigator
    Join Date
    Jul 2019
    Posts
    498
    The previous posts say that the resort was started in 2018 and expected to complete in 2021...

    This is Google Earth from April 2021 through to October 2021. There looks to have been no movement on the island in that time at all and certainly no signs of construction apart from the road which was constructed a few years ago now.

    October 2021


    October 2021


    April 2021


    Source: Google Earth Pro

  4. The project was supposed to be completed in 3 years. Construction began in August 2018, but due to the COVID-19, the resort is expected to be finished in 2021.

    Land concession for the project is 75 years. The Group has been granted a 25 years gaming concession on Santiago Island (of which the first 15 years are on an exclusive basis). In addition, the Group has been granted an exclusive nationwide operation of online gaming, physical and online sports betting for a period of 10 years from the commencement of the operation of the online gaming business by the Group in Cape Verde.
    Source: https://www.worldcasinodirectory.com/casino/macau-legend-cape-verde-casino-resort?__cf_chl_jschl_tk__=pmd_pjaQoROhmBRN0uctGoIyUArWtXLDueWwnk4HKk9YF.U-1635530960-0-gqNtZGzNAnujcnBszQfR

  5. Covid Delay:

    Macau Legend group´s casino resort in Praia, Cabo Verde, is going ahead, but is likely to face delays because of the covid-19 pandemic, according to the Tourism minister, Carlos Santos.

    The company is “continuing with the works” on the ground, but “obviously at this moment, with the pandemic, there was a slowdown”, Santos told Lusa news agency in an interview. “But we have not had any contrary information, that there is abandonment, and we understand that that work is to continue, because it is a large investment”, he added.

    “There will probably have to be a delay there, precisely because of the halts that existed. But we are hopeful that with regard to large investments, things will continue”, the minister said.
    Source:
    https://www.clbrief.com/delay-in-macau-legends-eur-250-million-resort-in-cabo-verde-likely-government/




  6. Casino services firm Macau Legend Development Ltd officially began construction of its EUR250-million (US$283-million) casino resort in the African island nation of Cape Verde, according to media reports.

    A ceremony to mark the event was held on Monday, attended by David Chow Kam Fai, co-chairman and chief executive of Macau Legend, and by Cape Verde’s Prime Minister, José Maria Neves.

    “This project will allow tourism in Cape Verde to reach new heights,” Mr Neves said during the event, quoted by Portuguese news agency Lusa. He added that the government’s goal was to increase the number of annual tourist arrivals to the country from the current 600,000 to about 2 million over the next few years.
    Source:
    https://www.ggrasia.com/macau-legend-starts-construction-of-cape-verde-casino/

  7. admin is offline Administrator
    Join Date
    May 2011
    Posts
    208

    Macau Legend Cape Verde

    Status: under construction

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