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Cape Verde says Macau Legend “flagrantly and repeatedly” violated obligations

Summary by Macau Business
The Cape Verdean government has accused casino operator Macau Legend Development (MLD) of “flagrantly and repeatedly” breaching its obligations in a tourism and gaming project in the country’s capital Praia. This, it said, justified the termination and reversal of contracts, announced on Monday. “Given that MLD flagrantly and repeatedly violated its obligations (…), the State of Cape Verde has no choice but to proceed with the termination of the…
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