Tag Archives: Melco
China – Melco opens the doors to Morpheus
Melco Resorts has now opened Morpheus, the new, ultra-luxury hotel in Macau. Named after the god of dreams in Greek Mythology, this US$1.1bn iconic building is the latest addition to the Phase III development of City of Dreams Macau. Morpheus is the world’s first ever free-form exoskeleton high-rise architectural structure, designed by legendary architect the…
Cyprus – Melco to open temporary Cyprus casino this month
Casino gaming will be launched in Cyprus this month with the opening of Melco Resorts’ temporary Cyprus casino on June 28. The Macau-based operator has started the build for the permanent integrated resort, City of Dreams Mediterranean, which will cost €550m. Housed in a former grocery market, the temporary casino will cost €12m and will…
Cyprus – Melco on course to open temporary Cyprus casino this summer
Melco Resorts and Entertainment CEO Lawrence Ho has confirmed that a temporary casino will be opened in Cyprus in time for the summer. Mr. Ho will attend a groundbreaking ceremony for Cyprus’ new casino-resort on June 8. He said: “A week before the Morpheus opens [in Macau on June 15] we are going to have…
Cyprus – Melco to target British, Russian and Middle Eastern tourists
City of Dreams Mediterranean, the casino resort being built in Cyprus, will target the British, Russian and Middle Eastern tourists already attracted to the island, with the hope that eventually its Asian customers will visit too. Lawrence Ho, owner and CEO of Melco Resorts will operate the €550m casino in Limassol on the south coast,…
Cyprus – Melco increases share in Cypriot project
Future Cypriot casino operator Melco International Development has increased its stake in the planned integrated resort project increase to 75 per cent. The move follows Melco’s purchase of all the shares in the project owned by its previous partner in it; Hard Rock. The resort style venue to be built in the coastal town of…
Cyprus – Melco signs for Cyprus licence as Hard Rock signs out
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…
China – Lawrence Ho criticises Crown’s approach to player acquisition
Melco Resorts CEO Lawrence Ho has criticised former Macau partner Crown Resorts for not being ‘discrete’ in its marketing to VIP customers in mainland China. Crown’s stance led to the arrest of 18 members of staff in China and sent shockwaves through the industry in Asia. Taking to the Financial Times, Mr Ho said Crown…
Spain – Hard Rock, Melco and Peralada get extension for BCN submissions
The Department of Economy for the government of Catalonia has granted the companies interested in opening casinos at the upcoming BCN World in Barcelona (now known as the Tourist and Recreation Complex) another three months in order to submit their proposals. Hard Rock, Melco and Peralada the three companies interested in the leisure and entertainment…
Spain – Government of Catalonia approves Urban Development Plan for BCN World
The Urban-Development Master Plan (PDU) for the upcoming BCN World in Barcelona (now known as the Tourist and Recreation Complex) has been approved. Operators Hard Rock, Melco and Peralada the three companies interested in the leisure and entertainment complex now have three months in which to present their proposals. Josep Rull Minister of Territory and…
