Melco And Hard Rock Received A License Of Cyprus To Build A Casino Resort
On november 4, the ministry of energy, trade, industry and tourism of cyprus announced an assignment of a casino resort in the country to enterprises melco international development and hard rock international. This writes calvin ayre.
Melco-hard rock casino license will be valid for 30 years. Under the conditions of permission, the resort casino must have from 100 gaming tables, 1 thouusand. Slot. The hotel complex must include at least 500 rooms. The construction plan of the complex must undergo a comprehensive verification of reliability, after which the official permission will be issued. It is assumed that the project implementation may begin in the first quarter of 2017.
The international development organization melco-hard rock has united with the local agricultural concern cns group (phassouri), which have real estate near the city of limassol.
Note: in 2015, the cyprus government legally approved the development of a single complex with a casino in the country. In february 2016, among the construction of the resort-casino resort, melco-hard rock, nagacorp (cambodia), bloomberry resorts (philippines). The last two giant giants dropped out of the race in september 2016.
Melco international is headed by lawrence ho, who is also the general director of the melco crown entertainment casino operator operating in macau and manila. Ho controls summit ascent holdings – the owner of the test package of shares of the largest russian casino tigre de crystal, which intends to invest another $ 500 million in irks «primorye».
Hard rock international is under the control of the company from florida seminole tribe and has 11 casinos around the globe.