Has the government of Laos found a buyer for the disputed Savan Vegas Hotel and Entertainment Complex?

In this episode of he said, she said—Savan Vegas edition—one of the shortlisted bidders for the casino announced last week that it received the Laotian government’s approval to operate the casino complex. In a press statement, Hong Kong-listed casino services firm Macau Legend Development said it has agreed to pay US$42 million for Savan Vegas as well as the right to a 50-year monopoly on casino operations in three provinces of Laos, including the area where the casino complex is located.

Macau Legend’s agreement with the government also include the possibility of the casino company converting the land next to Savan Vegas into another resort development featuring two golf courses, a 600-room hotel, villas, casino, exhibition hall and spa, pool facilities, staff quarters and training facilities.

Macau Legend was one of the six shortlisted companies for the acquisition of Savan Vegas complex.