Macau Legend woos investors

Casino-hotel operator Macau Legend Development is pitching investors to raise capital for its rapid expansion in what has become the world's biggest gambling capital.

Apart from moderate growth in Macau's gaming revenue, the biggest downside of the company is that it does not own casino concessions and relies on its partnership with Sociedade de Jogos de Macau (SJM), which provides dealers and gaming tables under a private agreement.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1257331/macau-legend-woos-investors