Following the annual Macau Legend meeting, CEO David Chow Kam Fai announced the opening of a $ 300 million resort with a hotel and casino of the same name. This promising event is planned for August 2018, in the small country of Cape Verde, on the African continent, within a multi-stage concept. A group of investors based in Macau have already invested more than $ 290 million in the project, which will go into the initial phase of promoting the ambitious plan. At the first stage, a hotel with 200 rooms, a comfortable gaming facility and a stationery will be offered. The entire tourist block, in the final version, will be located on an area of 152,700 square meters.
Although the population of Cape Verde is currently close to half a million citizens, the Macau Legend casino will still mainly settle down at the expense of foreign tourists. Under the agreements between the casino owners and Cape Verdean officials, Macau Legend will receive a 15-year tax break and a 10-year uniqueness for online gaming and sports betting, as well as for regular, land-based sports betting. It has been reminded more than once that Cape Verde is a Portuguese-speaking country, with excellent infrastructure and an excellent formation of the travel and leisure industry, the income from which reaches a quarter of the annual GDP, therefore, numerous measures are applied that are aimed at the further prosperity of this inflow area. income. The Macau Legend complex is now at the stage of formation in the capital of Praia.
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