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Cyprus – Deloitte to work with Cypriot government on resort casino

By - 21 February 2014

The Southern Cypriot Cabinet will establish a Ministerial Committee and a Coordinating Committee spearheaded by a project manager as it looks to ensure that its Integrated Resort is ‘the best of its kind in Europe and amongst the best in the world.’

Deputy Government Spokesman Viktor Papadopoulos revealed that Deloitte Touche Tohmatsu Limited would consult with the government on the casino issue following an international tender process carried out by the Commerce Ministry.
Mr. Papadopoulos said a project manager was needed ‘due to the great importance and complexity of the project as well as the strict timetables for its realisation.’
“Following the Cabinet’s June 2013 decision to license and operate an integrated resort casino for which the Commerce Minister was authorised to take all the necessary steps to realise, the aim is for the casino created to be the best of its kind in Europe and amongst the best in the world,” he said.
Deloitte was chosen following an international tender process due to their ‘extensive experience in casino and hospitality issues within the framework of tourism development.’
As well as one Integrated Resort casino, the government is expected to allow the license holder to operate two smaller, satellite casinos in different towns.

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