Apr 08, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck  
A new satellite casino in Ayia Napa, Cyprus, as permitted under a gaming licence awarded to a consortium including Melco International Development Ltd, is scheduled to open “this summer”. That is according to an April 4 press statement issued by the Hong Kong-listed casino investor.
“Cyprus Casinos Ayia Napa” – to be known as C2 Ayia Napa for short – is due to provide an initial 35 job positions, according to the announcement.
In June 2017 the Republic of Cyprus, which controls the southern portion of that Mediterranean holiday island, gave a 30-year casino licence to the Integrated Casino Resorts Cyprus Ltd consortium, which has Melco International as a partner. The licence allows the holder to build as many as four satellite casinos in addition to the main property, which is to be known as City of Dreams Mediterranean.
Construction for the latter, on a 37-hectare (91.4-acre) site in Limassol on the south coast of Cyprus, is due to begin this month and is scheduled to be completed “within 2021”, Melco International mentioned in a previous release.
In advance of the main Limassol resort, an interim facility dubbed by the promoters C2 Limassol was launched in June 2018. The consortium subsequently opened two satellite casinos in December that year, namely in Nicosia, the capital city, and at the Larnaca International Airport, near the port city of Larnaca on the south coast of Cyprus.
The fourth satellite casino promoted by the consortium is due to be at Paphos.
Currently, Melco International employs “more than 800 people” across its Cyprus gaming venues, with the majority of those workforce being locals, according to the firm’s April 4 statement.
May 12, 2023
Apr 21, 2023
Jun 02, 2023
Jun 02, 2023
Jun 02, 2023
Genting Singapore Ltd says Lam Yi Young has resigned from his role as deputy chief executive of Resorts World at Sentosa Pte Ltd. The latter firm is an indirect wholly owned subsidiary of Genting...Jun 01, 2023
Alfastreet, a manufacturer of electronic gaming machines,...Jun 01, 2023
Casino equipment maker Sega Sammy Creation Inc is tweaking...Jun 01, 2023
The iGaming segment in Asia “has grown rapidly” since...May 31, 2023
Showing slot machine players – via animations on the...May 31, 2023
Macau stocks in likelihood “have been punished too much...May 31, 2023
There are foreign companies still interested in investing...May 31, 2023
Thailand could pass the necessary enabling legislation for...May 30, 2023
China will remain a key market for Asian gaming...May 30, 2023
Alejandro Tengco (pictured in a file photo), chairman and...May 30, 2023
There are “plenty of reasons” for the global gaming...May 30, 2023
Gaming equipment provider International Game Technology Plc...May 30, 2023
The Global Gaming Expo (G2E) Asia 2023 Special Edition:...May 29, 2023
Austria-based gaming equipment maker and operator Novomatic...May 25, 2023
Sports betting and online casino operating platform...May 24, 2023
The business performance in Asia of gaming content and...May 18, 2023
The organisers of Global Gaming Expo (G2E) Asia 2023...May 17, 2023
Gaming content and equipment supplier Light & Wonder...May 16, 2023
Casino equipment maker Sega Sammy Creation Inc is to...May 09, 2023
Casino slot machine and digital gaming content provider...May 05, 2023
The Global Gaming Expo (G2E) Asia event in Singapore is the...May 04, 2023
An adviser to a Thailand parliamentary committee mulling...(Click here for more)
US$8.1 billion
Macau’s casino gross gaming revenue in the five months to May 31