Thursday, March 23, 2023

Tag: Cyprus

Hellinikon project could be ready for takeoff by the autumn

Hellinikon resort ready for take off by autumn
Lamda Development’s CEO Odisseas Athanasiou reported that work on the EUR8bn Hellinikon megaresort project at the former Athens airport could begin by the autumn.

Ballantyne: City of Dreams Mediterranean will help level out seasonality in Cyprus tourism industry

Ballantyne city of dreams Cyprus
The senior executive in charge of Melco Resorts and Entertainment Cyprus casino operations has suggested that the company’s new IR - due to open in 2021..

Melco delays Cyprus IR opening to late 2021

Melco Cyprus IR
The opening of Melco Resorts’ City of Dreams Mediterranean has been pushed back from mid- 2021 until the end of the year.

Melco awards City of Dreams Mediterranean construction contract

Melco Resorts Cyprus
Melco Resorts and Entertainment has awarded the contract for the construction of its new IR City of Dreams Mediterranean to the Greek conglomerate..

One month until third Cyprus Gaming Show

Eventus International is stirring with excitement as the third instalment of the Cyprus Gaming Show is drawing closer. The Two-Day conference and exhibition will take place at Hilton Cyprus in Nicosia from 20 – 21 May 2019. After the grand success for two consecutive years, this rapidly growing event is the only gathering platform for industry decision-makers to network and...

Cyprus government believes Melco casinos will drive tourism

Cyprus flag
Deputy minister of Tourism Savvas Perdios has affirmed that Cyprus’ government considers Melco International Development an important partner in further developing visitation into the country. Perdios met Melco International chairman and CEO Lawrence Ho in late January at Cyprus Casinos’ C2 Nicosia. “We consider Melco an important contributor to Cyprus’ tourism in establishing the island as a popular and must-visit destination,” he...

Melco’s third Cyprus casino touches down at Larnaca International Airport

Melco, Cyprus, casino, Larnaca International Airport
Situated in two different spaces at the Airport terminal, C2 Larnaca offers a total of 42 slot machines, while the opening follows on the heels of C2 Nicosia earlier in December. Integrated Casino Resorts Cyprus - a joint venture between Melco Resorts and Entertainment and Cyprus Phassouri (Zakaki) Ltd - has launched C2 Larnaca at the Larnaca International Airport. It is...

Cyprus Casinos “C2” welcomes 175,000 visitors in first three months

Melco’s temporary casino in Cyprus is “exceeding expectations”, while the company is set to open three more satellite casinos before the end of the year. Melco International Development has revealed that Cyprus Casinos “C2”, its temporary casino in Limassol has attracted over 175,000 customers since the property opened its doors on 28 June. On 25-26 September, Cyprus Casinos hosted a series...

Melco’s temporary Cyprus casino receives 34,000 visitors in three weeks of opening

Melco International Development’s temporary Cyprus 13m gaming facility, Cyprus Casinos (C2), has seen attendance rise in the first three weeks since it opened, raising hopes following a slow start. Within its first three weeks of operation, over 34,000 visitors from 41 different countries visited the property, the first licensed casino in the Republic of Cyprus, while more than 6,000 visitors...

Melco’s temporary Cyprus casino receives 34,000 visitors in three weeks of opening

Melco has announced that it will open a satellite casino hosting around 50 gaming machines in the Larnaka International Airport terminal, within the next three months. Melco International Development’s temporary Cyprus €13m gaming facility, Cyprus Casinos (C2), has seen attendance rise in the first three weeks since it opened, raising hopes following a slow start. Within its first three weeks of...

Melco opens C2 ‘pop-up casino’ in Limassol

Melco International Development opened the doors of its temporary Cyprus casino to the public on 28 June. The $15m venue, named C2, is the first of the five satellite gaming facilities that will open in Cyprus in the coming months as the construction of the E550m City of Dreams Mediterranean resort moves forward. The new property occupies a 4,600sqm space which...

Aruze Gaming expands gaming licenses to Cyprus and Greece

Cyprus flag
Aruze Gaming America, Inc. has announced that on May 15th, 2018, the Cyprus National Gaming and Casino Supervision Commission granted the firm a certificate to operate and supply gaming machines in the Republic of Cyprus Integrated Casino Resort and its subsidiaries. Additionally, on April 27th, 2018, Hellenic Gaming Commission approved Aruze to operate as a gaming related contractor in...

Melco to launch temporary Cyprus casino in late June

Melco International Development stated that the temporary casino will begin operations in June during the groundbreaking ceremony for City of Dreams Mediterranean. At the groundbreaking ceremony for City of Dreams Mediterranean, Melco International Development confirmed that its temporary casino will open on 28 June. “Today, we are not just laying the foundation stone of the integrated casino resort but also entering...

Gaming Laboratories International receives accreditation by the Republic of Cyprus to test gaming devices

Cyprus flag
Gaming Laboratories International (GLI) has announced that it is the first to be awarded accreditation to test and certify gaming devices in the Republic of Cyprus. The decision further expands GLI’s presence across Europe as “the region’s premier testing and certification laboratory”. The firm said it is extremely pleased by the decision of the National Gaming and Casino Supervision Commission to...

Two weeks to go until the upcoming Cyprus Gaming Show

Casino Review Cyprus Gaming Show
With just two weeks left before the second installment of Cyprus Gaming Show (CGS) at Grand Resort in Limassol, Cyprus scheduled for the 29 - 30 May 2018, the Eventus team is “all geared up” to welcome attendees, guest speakers, sponsors and exhibitors. Eventus International has again collaborated with the National Betting Authority of Cyprus, with support from the National...

Melco gambles on British and Russian visitors in Cyprus

City of Dreams Mediterranean melco
City of Dreams Mediterranean is aiming to capture visitors from the UK and Russia, but an uncertain geo-political situation could mean Melco will have to look to develop tourism from further afield suggests GBGC’s CEO, Warwick Bartlett.   Melco Resorts has announced that its new E550m resort development, City of Dreams Mediterranean - currently under construction in Cyprus - will seek...

Melco ups the ante on Cyprus casino scheme

lawrence ho melco
Hong Kong-listed casino investor Melco has increased the size of its majority stake for a second time, proving its ready to bet big on its game-changing Cyprus casino project.   Casino investor Melco International Development Ltd. is increasing the size of its majority stake in its $500m Republic of Cyprus casino project. The company, which already held 70.74 percent of ICR...

APEX Gaming’s Dragon Egg Jackpot installed in Cyprus casino

apex dragon egg
The Savoy Ottoman Palace and Casino in Northern Cyprus has installed APEX Gaming’s Dragon Egg Island Jackpot.   The unit is “one entire jackpot system in itself”, the company explained in a statement. It consists of two banks of four APEX slots each – the Pinnacle Premium SL slots. Each is fitted with three x 27” screens. The game makes full...

Interblock announces 20-Seat Diamond Stadium at Merit Royal Hotel & Casino

Diamond Stadium interblock merit royal hotel casino
Luxury gaming manufacturer and electronic table game (ETG) market leader Interblock has made a placement of a Diamond Stadium at Merit Royal Hotel & Casino in Cyprus.   The deal is an extension of Interblock’s current Organic Roulette product offerings on the casino floor bringing the casino’s Interblock footprint to 41 seats. Mr. Bojan Dreven, regional sales manager for Interblock EU,...

International support continues to grow with 47 nations represented at the first Gaming Africa

47 gaming africa
Gaming professionals from Brazil to Botswana, Germany to Ghana and Lithuania to Lesotho will be amongst the delegates expected at the inaugural Gaming Africa, Clarion Gaming’s two day conference and learning symposium being held across 24th and 25th October in Johannesburg. Representatives from a total of 47 nations have registered to be part of the free to attend event, including...

Cyprus Gaming Show to focus on proposed Integrated Casino Resort

cyprus gaming show
The Cyprus Gaming Show will be taking place 20-21 September at the Hilton Hotel in Nicosia, and will feature discussions on the Integrated Casino Resort, Europe's first integrated casino project, which is expected to open in 2019.   The two-day conference and gaming exhibition will feature a speaker panel with “some of the most distinguished and forward-thinking leaders and regulators in the...

Europe Round-Up

A glance at the Dutch crackdown on international operators, a new smoking slot room in France and an upcoming resort in Cyprus.
In the Netherlands, legislators have upheld the gaming regulator, Kansspelautoriteit’s (KSA), right to impose significant fines on foreign online gambling providers that offer their services and products to players in the country without possessing a local licence. On 13 July, the District Court in The Hague ruled that the KSA possesses the legal authority to levy fines against international...

Deadlock and delay for casino market in Spain

ICR - Spain Cordish Group
With the Community of Madrid yet to make a decision on the Madrid Live! resort and Catalonia weighing up offers for the delayed Centre Recreatiu i Turístic project, the ball is very much in the court of each respective regional government in Spain, suggests Italtronic’s Sander Hoogendoorn.   Two major tourism and leisure projects in Spain are yet to see the...

Cyprus Gaming Show expands to new venue in Nicosia

BBi - Cyrpus Nicosia
This year’s Cyprus Gaming Show, which takes place 20 – 21 September, will move to the Hilton Cyprus in the largest city on the island, Nicosia (Lefkosia). The events and exhibitions company Eventus International has confirmed that its Cyprus Gaming Show (CGS) trade show is relocating to the city of Nicosia (Lefkosia). Yudi Soetjiptadi, Managing Director of Eventus International noted that...

Melco becomes leading stakeholder in Cyprus casino project

ICR - Melco Cyprus hard Rock
Casino operator Hard Rock International has sold off its stake in its Cyprus integrated resort joint venture - with Melco International Development becoming the majority stakeholder in the project.   On 26 June, the Republic of Cyprus government officially signed its contract with a consortium consisting of Hard Rock, Melco and Cyprus Phasouri (Zakaki) Limited to build Europe’s first integrated resort...

Cyprus could see its first casino by the end of 2017

Casino Review, Cyprus, Yiorgos Lakkotrypis, Melco International Development,
The Republic of Cyprus is set for a change of view - its first casino could be on the horizon. With a new integrated resort on the agenda, the southern part of the Mediterranean island seems intent on developing the largest gaming property in Europe.   The island of Cyprus is one of those international gaming anomalies: the south aligns to...

Cyprus’ new IR licence: a one horse race?

Casino Review Cyprus Licence
A coalition effort between Melco International and the Hard Rock chain may become the sole vying candidate for Cyprus’ new IR licence – as the other parties continue to haggle with local landowners.   The bidding process to operate the sole casino licence up for grabs in the Republic of Cyprus may end up with only one viable candidate – after local media...