New €500 million Cyprus casino
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New €500 million Cyprus casino

Categories: offline casinos Posted on 6 Mar 2021 90 0

Melco Resorts and Entertainment Ltd has announced that City of Dreams Mediterranean, an urban resort in Cyprus, will open in summer 2022. The Limassol project is set to be Europe's biggest IR, with plans to launch in late 2021, but the completion has been postponed due to the current Covid-19 pandemic.

There will be 1,000 slot machines and 100 table games on the casino floor of the integrated casino resort, which will cover 81,000 square feet. A five-star hotel with 500 suites, 11 restaurants and eateries, retail shopping, a spa and fitness centre, an outdoor amphitheater, and conference and entertainment facilities will all be available at the property.

Melco has opened a temporary satellite casino in Limassol, as well as satellite gaming facilities in Nicosia, Larnaca, Paphos, and Ayia Napa, while more than half of a billion-dollar integrated casino resort is being constructed. Melco has a 30-year casino license for City of Dreams, which includes a gambling monopoly for the first 15 years. In 2017, the license was granted.

“Construction work is progressing smoothly and even though the Covid-19 outbreak has impacted our original timeline, we remain committed to this ground-breaking project,” 

said Grant Johnson, property GM of City of Dreams Mediterranean and Cyprus Casinos. 

“We aim to establish a unique destination, offering a premium entertainment experience to our guests while creating real value for the country’s economy and society. City of Dreams Mediterranean is set to enrich Cyprus’ tourism landscape, attracting an additional 300,000 visitors per year to the island.”

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