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Tag Archives: Cyprus Casinos

Cyprus – Melco temporarily closes two of its satellite casinos in Cyprus

Cyprus Casinos, the Cyprus operating arm of Melco Resorts & Entertainment, has closed two of its five casinos as infections rise and a second wave of the Coronavirus pandemic threatens the island. Cyprus Casinos said: “With utmost priority the safeguard of your health and a sense of responsibility, Cyprus Casinos Limassol will be closing at…

Cyprus – Melco brings Grant Johnson in from Macau to oversee Cyprus Casinos

Melco Resorts & Entertainment has named Grant Johnson as Senior Vice President, Property General Manager of its Cyprus operations, including City of Dreams Mediterranean and Cyprus Casinos C2, following the retirement of Craig Ballantyne. Mr. Ballantyne stepped down as Property President in April this year, with Mr. Johnson now responsible for the continued development of…

Cyprus – Melco completes 75 per cent acquisition of City of Dreams Mediterranean

Melco Resorts & Entertainment has completed its acquisition from Melco International Development Limited of all of Melco International’s holding of ordinary shares of ICR Cyprus Holdings and the issuance of 55.5m ordinary shares of the company, which are equivalent to approximately 18.5m American depositary shares of the company, to Melco International as consideration for the…