Macau Legend still hopes for gaming licence of its own

Macau Legend still hopes for gaming licence of its own

Macau Legend’s current access to gaming rights is under services agreements with Macau casino licensee SJM Holdings.

Macau.- Melinda Chan, executive director at Hong Kong-listed Macau Legend, said the company still hopes to become a Macau gaming concessionaire in its own right.

The company currently operates three casinos through services agreements under SJM Holdings’ gaming licence.

Chan said: “If the government gives a chance to local companies, and we get the chance to take part in the tender, of course, we will try our best.”

Macau’s casino licensees expect to face a public tender for Macau gaming rights since current permits expire in June 2022.

Macau Legend Executive Director and CEO Levo Chan has not expressed an opinion on the potential of a licence but said the company was working on a “new development plan” for Macau’s Fisherman’s Wharf, its waterfront gaming and tourism complex located close to the Outer Harbour Ferry Terminal. 

As for the company’s Cape Verde casino plan, which was originally supposed to complete this year but was delayed due to the Covid-19 pandemic, Melinda Chan said: “After we finish the foundations, we will stop for a while since afterwards we need to do a tender.

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GAMING REGULATION Macau casinos