FREE TRIAL

Deploy a Free VPS Server Worldwide. No Credit Card Required.

Start Free Trial
  • +357 2425 0808
  • Login
  • English

Home

Blog

Cyprus Government licensed Melco-Hard Ro...

Cyprus Government licensed Melco-Hard Rock Casino

Cyprus Government licensed Melco-Hard Rock Casino

NetShop ISP

NetShop ISP · Blog Author

May 19, 2017 · Uncategorized

The Cyprus Government grants casino licence to the consortium between Macau’s Melco and Hard Rock on Thursday 18th, to construct and operate a €500-million integrated resort in Limassol and set up satellite casinos in the other towns of the island, Nicosia, Larnaca, Famagusta, and Paphos.

It is believed that the casino resort isn’t expected to open its doors to the public before 2020 thus a temporary casino will be running soon in Limassol and a satellite casino in Nicosia until the resort is ready. The licence allows Melco-Hard Rock to exclusively operate the resort for 15 years before the possibility of another casino resort being allowed. Melco-Hard Rock will be able to operate a gambling facility for 30 years.

The announcement was made by the Commerce and Energy Minister, Yiorgos Lakkotrypis. He said “With today’s decision, the council of ministers has completed an ambitious endeavour that started about three years ago” , “This is a huge project that will enrich our tourist product and create new jobs”. As per the government, the casinos will be an attraction for 300,000 tourists per year.

This project will be generate new jobs and 4 000 people will work on the construction as it is estimated. A Coordinating Committee will oversee construction work. According to a previous article, the developer will have to make sure that the casino has at least 100 gambling tables, more than 1000 slot machines and a 500-rooms hotel.

According to reports, the location will be close to MY MALL in Limassol as it seems it is the ideal place for such a resort.

Categories

Backup
6
Business Continuity
4
Cloud Hosting
10
Colocation
4
Company Updates
1
Cryptocurrencies
1
Data Centers
12
Dedicated Servers
4
Disaster Recovery
3
Forex
25
Gaming
1
iGaming
33
Industry News
32
Interviews
10
Joomla
9
Magento
5
Managed Services
1
Operating Systems
1
Press Releases
65
Product News
6
Resellers
1
Security
25
Software & Apps
1
Streaming
1
Tech Startups
12
Tutorials
62
Uncategorized
389
Vps Hosting
11
Web Design & Development
3
Web Hosting
44
Webinars
1
Wordpress
14

Free VPS Trial

No Credit Card Required.

Recent Posts

How To Install SSL Certificate on cPanel

How To Install SSL Certificate on cPanel

30 March, 2023

How To Enable Remote Connections to SQL Server

How To Enable Remote Connections to SQL Server

27 March, 2023

How To Fix Error Failed to download metadata for repo in CentOS 8

How To Fix Error Failed to download metadata for repo in CentOS 8

23 March, 2023

How can Forex Brokers be Protected from DDoS Attacks

How can Forex Brokers be Protected from DDoS Attacks

20 March, 2023

NetShop ISP Bronze Sponsors for the University of Cyprus at Harvard WorldMUN 2023

NetShop ISP Bronze Sponsors for the University of Cyprus at Harvard WorldMUN 2023

15 March, 2023

#letushostyou

Award Winning Hosting Provider established in 2004.

Best iGaming Service ProviderISO Certified

120 Faneromenis Avenue, Imperial Tower, 2nd Floor, Larnaca 6031, Cyprus

Products

Bare Metal Servers

Customized Servers

Virtual / Cloud Servers

Forex VPS

Storage VPS

cPanel Web Hosting

Reseller Web Hosting

Colocation

Addons

Premium DNS

Email Hosting

Cloud Backup

DDoS Protection

Licenses

SSL Certificates

Domain Names

Premium SLAs

About Us

Data Center Locations

Looking Glass

Our Company

Contact Us

Careers in Cyprus

Become a Partner

Awards

Certifications

© 2023 S.S. NetShop Internet Services Ltd. All rights reserved.  Terms & Conditions  |  Privacy Policy
CY Reg. Number: HE 217340 | EU VAT Number: CY10217340J

Visa
Mastercard
PayPal
Bitcoin
Tether
Ethereum
Litecoin
Wise
Revolut
Wire Transfer