Posts Tagged: Cyprus

Cyprus – SBTech the first to launch sportsbook in Cyprus

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SBTech has become the first sportsbook platform supplier to enter the Cypriot market with the launch of winmasters.com.cy. It represents the next step in the fast-rising operator’s expansion strategy and comes only six months after the agreement between SBTech and Winmasters was signed. Winmasters will now offer SBTech’s industry-leading sportsbook to Cypriot players, in both… Read more »

Cyprus – Melco signs for Cyprus licence as Hard Rock signs out

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Melco International Development and its local investors have now signed the first and only casino resort licence with the government of The Republic of Cyprus. In a surprise move though, the Hong Kong-based company has bought all the shares in the project previously owned by its previous partner in it; Hard Rock. The resort style… Read more »

Cyprus – Greek Cypriots could see first casino open in July

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Southern Cyprus could see its first casino this summer with the Melco International/HardRock planning to operate a series of small, satellite casinos by July of this year. Whilst the consortium will be opening a temporary in Limassol in October 2017 and a permanent venue to be built on land next to My Mall at Zakaki… Read more »

Cyprus – Temporary casino to open in Limassol next year

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The Melco International/Hard Rock consortium could open a temporary casino in Limassol in Southern Cyprus by the end of 2017. The group won the right to develop the first integrated casino resort in the Greek-owned southern part of the island. Ministers expect the 30-year licence to be granted in December. It will guarantee a monopoly… Read more »

Cyprus – Melco-Hard Rock to build resort casino in Limassol

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The Melco-Hard Rock Resorts Cyprus consortium, the only company left in the bidding process for an integrated resort casino in Cyprus, has now officially been invited to file for the licence for the development. The consortium will begin building its proposed resort casino in Limassol in the first quarter of 2017. In a press statement… Read more »

Cyprus – Melco International left as stand-alone bidder in Cyprus

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Lawrence Ho

Macau-based operator Melco International is now the only operator left in the race for the Cypriot casino concession following a decision by Cambodia operator NagaCorp to pull out of the bidding process. NagaCorp, the operator of Phnom Penh’s NagaWorld casino, said in a filing to the Hong Kong Stock Exchange: “After careful review and given… Read more »

Cyprus – Bloomberry walks away from Cyprus tender

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Bloomberry Resorts, who operates Solaire in the Philippines, has officially withdrawn from the tender process for a casino licence in Cyprus. Bloomberry’s Director of investor relations Leo Venezuela confirmed the news without offering any reasons although it is believed to be the difficulty in securing reasonably priced land. The news leaves Cambodia operator NagaCorp and… Read more »

Cyprus – Only Melco/Hard Rock have secured land for Cyprus casino

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Reports out of Cyprus suggest that the three horse race to land a casino licence could soon be whittled down to just one. Two of the bidders are struggling to secure land for their projects with government officials claiming that having extended the deadline for the current final stage round once already, the government is… Read more »

Cyprus – Cypriot submissions given three month extension

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The Legal and the Audit Services in Cyprus have approved a three month extension to finalise casino blueprints following a request from two of the three companies in the second round. The extension will not affect the date that the government is planning to announce its winner though. The three bidders will need to submit… Read more »

Northern Cyprus – Scientific to supply five Cypriot casinos with shufflers

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Merit’s Crystal Cove

Scientific Games will supply Voyager Kibris Merit Crystal Casino with 50 Shuffle Master DeckMate2 shufflers to use at its five Merit casinos in North Cyprus. Voyager Kibris is owned by Net Holding, an operator with a combined casino floor of approximately 24,000 square meters, 2,700 slot machines and 400 table games. Scientific Games’ table products… Read more »