Melco Casino Nicosia
- Cyprus is a potentially great gambling market, and Melco International Development has seen a great opportunity to expand their business there. Lawrence Ho and his company inked a deal with the.
- Cyprus Casinos is the first licensed casino operator on the island from the world-renowned MELCO Group, also bringing to Cyprus the biggest casino resort in Europe, City of Dreams Mediterranean. Our current properties include Ayia Napa, Larnaca, Limassol, Nicosia, and Paphos.
- A consortium formed by Melco, Hard Rock International, and a local partner won in 2016 the right to operate the first land-based casinos in the Republic of Cyprus. Hard Rock dropped from the scheme the following year. Melco, through its Cyprus Casinos subsidiary, launched its first Cypriot casino in Limassol in June 2018.
- City of Dreams Mediterranean is the Cyprus’ first integrated casino resort, the only one of its kind in Europe, which is expected to open its doors in 2021.
Melco International Development Limited was founded in 1910 and listed on the Hong Kong Stock Exchange in 1927. Under the leadership of Chairman and Chief Executive Officer Mr. Lawrence Ho, Melco International has found new energy and direction as a dynamic company that leads the field in the leisure and entertainment sector. Our group companies are responding to the changing dynamics with.
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Melco Casino Nicosia Casino
CNS is a member of the Integrated Casino Resorts Cyprus Consortium (“ICR”), comprising Melco Resorts & Entertainment (“Melco”) and The Cyprus Phassouri (Zakaki) Limited (member of the CNS Group) that will develop and operate an Integrated Casino Resort Project, together with 4 satellite casinos in Cyprus.
The resort’s name is City of Dreams Mediterranean and will be developed in western Limassol. It is expected to be launched by early 2021 while a temporary casino will be operational from 2018 and until the opening of the resort. The Integrated Resort is designed in the Mediterranean style, and will be built according to the principles of sustainable development and be tailored to fit Cyprus’s natural environment and landscape. It will be Europe’s biggest Integrated Casino Resort, with gaming areas of a total of 136 tables and 1,200 gaming machines, a five-star hotel with luxurious villas and 500 hotel rooms, 11 restaurants and cafeterias, a wellness centre, a sports centre, an extensive pool area with river woods and surf pools, a high-end retail area and an outdoor amphitheatre with extensive green areas. Also, in order to attract conference tourism, City of Dreams Mediterranean will offer 9,600-sq. metres of MICE facilities with a convention expo center.
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The pioneering project, a landmark for Cyprus and the wider region, is expected to attract an additional 300,000 tourists a year and will promote Cyprus internationally as a conference destination. The project is expected to give a huge boost in the Cyprus economy in terms of economic growth as well as employment both during construction as well as the operational phase.
Melco Casino Cyprus
For more information you can also visit our site: www.cityofdreamsmed.com.cy