{"id":15169,"date":"2021-02-24T15:31:39","date_gmt":"2021-02-24T15:31:39","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=15169"},"modified":"2026-04-23T21:34:09","modified_gmt":"2026-04-24T00:34:09","slug":"macau-legend-still-hopes-for-gaming-licence-of-its-own","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-legend-still-hopes-for-gaming-licence-of-its-own","title":{"rendered":"Macau Legend still hopes for gaming licence of its own"},"content":{"rendered":"\n<p>Macau Legend\u2019s current access to gaming rights is under services agreements with Macau casino licensee SJM Holdings.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Melinda Chan, executive director at Hong Kong-listed Macau Legend, said the company still hopes to become <strong>a Macau gaming concessionaire in its own right<\/strong>.<\/p>\n\n\n\n<p>The company currently <strong>operates three casinos through services agreements under SJM Holdings&#8217; gaming licence<\/strong>.<\/p>\n\n\n\n<p>Chan said: &#8220;If the government gives a chance to local companies, and we get the chance to take part in the tender, of course, <strong>we will try our best<\/strong>.&#8221;<\/p>\n\n\n\n<p>Macau&#8217;s casino licensees expect to face <strong>a public tender for Macau gaming rights<\/strong> since current permits expire in June 2022.<\/p>\n\n\n\n<p>Macau Legend <em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/levo-chan-replaces-melinda-chan-as-macau-legend-ceo\" target=\"_blank\"><strong>Executive Director and CEO Levo Chan<\/strong><\/a><\/em> has not expressed an opinion on the potential of a licence but said the company was working on<strong> a \u201cnew development plan\u201d for Macau&#8217;s Fisherman\u2019s Wharf<\/strong>, its waterfront gaming and tourism complex located close to the Outer Harbour Ferry Terminal.\u00a0<\/p>\n\n\n\n<p>As for the company&#8217;s <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-legend-cape-verde-ir-delayed\" target=\"_blank\">Cape Verde casino plan<\/a><\/em>,<\/strong> which was originally supposed to complete this year but was delayed due to the Covid-19 pandemic, Melinda Chan said: &#8220;After we finish the foundations, we will stop for a while since afterwards we need to do a tender.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau Legend\u2019s current access to gaming rights is under services agreements with Macau casino licensee SJM Holdings.<\/p>\n","protected":false},"author":176,"featured_media":15181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau Legend, currently operating under service agreements with SJM Holdings, has expressed its ambition to secure an independent gaming concession in Macau amidst the upcoming public tender for gaming rights in June 2022. The company is also progressing a new development plan for Macau's Fisherman's Wharf and managing delays for its Cape Verde casino project.","focusai_entities":"Macau Legend, SJM Holdings, Melinda Chan, Levo Chan","focusai_location":"Macau, Hong Kong, Cape Verde","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.85), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau Concession Tender","query":"What specific criteria might the Macau government prioritize in the upcoming gaming concession tender that would favor local companies like Macau Legend, and what is the projected timeline for the tender process?"},{"label":"Cape Verde Project Outlook","query":"What is the revised timeline and projected capital expenditure for Macau Legend's Cape Verde casino project, considering the tender process required post-foundation completion and ongoing pandemic impacts?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23908,23906],"class_list":["post-15169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-gaming-regulation","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=15169"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15169\/revisions"}],"predecessor-version":[{"id":15196,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15169\/revisions\/15196"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/15181"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=15169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=15169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=15169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}