Cape Verde takes control of stalled Macau Legend hotel-casino project in Praia
Cape Verde’s government took control of the assets and unfinished structure of Macau Legend Development’s hotel-casino project in Praia on Friday, citing serious breaches of its contracts. The takeover followed termination of the project agreement in November 2024; authorities had begun steps to reclaim the company’s gambling rights in October 2023.
The takeover ends Macau Legend’s project and places the unfinished casino development under government control.