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Casino Group Macau Legend planning for expansion

by new_c_admin

Macau Legend Development Ltd. is continuing its efforts to build its empire beyond the Chinese territory. The entertainment and gaming operator is eyeing several Southeast Asian markets, as well as looking at greater expansion in Laos, where the company already has a presence.

Speaking to reporters at the G2E Asia conference, Macau Legend Executive Director Sheldon Trainor-DeGirolamo reiterated his company’s desire to extend its reach in Laos, and possibly into Cambodia and Vietnam also.

The owner of Macau Fisherman’s Wharf and the Landmark Casino entered Laos in 2016 with the purchase of the Savan Vegas Hotel and Entertainment Complex, paying $42 million for the rights to operate that venue.

Located in Savannakhet, Laos, Savan Vegas is now in Phase 2 development and Trainor-DeGirolamo told media that the company is in talks with the government there regarding yet more projects. Macau Legend executives have previously said they would be willing to spend up to $500 million more in Laos, beyond its already significant refurbishment of the Savan Vegas property.

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