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Macau Legend challenges Cape Verde government’s seizure of casino project assets

Regulation

Macau Legend said it had not agreed to hand over assets at its stalled Cape Verde hotel and casino project before the government took possession in January. The company said it is seeking legal advice and expects no material effect on its financial performance because it had fully impaired the assets in its FY24 accounts.

The dispute concerns control of project assets and the status of Macau Legend’s Cape Verde investment.

End-of-day close Macau Legend Development (1680), HKD, to 6 March 2026
Story date8 December 20256 March 2026

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Washington gambler sues Kalshi over alleged $308,781.62 losses

Scott Bright filed a lawsuit against Kalshi in King County Superior Court, alleging the platform violated Washington's online gambling ban. His complaint says he lost $308,781.62 between 17 June and 14 August 2026; Kalshi has sought dismissal and argues its event contracts are regulated under federal law and that counterparties, not the company, received his losses.

Scott Bright has sued Kalshi in Washington, alleging that its prediction market violated the state's online gambling ban. Kalshi has sought to dismiss the case.

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