LIMASSOL, Cyprus : Asian casino operator Melco Resorts & Entertainment has launched an entertainment and gaming complex in Cyprus, marking its first foray into Europe as it seeks to tap new markets.The 'City of Dreams Mediterranean' had total investment of more than 600 million euros ($659.46 million) ma
LIMASSOL, Cyprus : Asian casino operator Melco Resorts & Entertainment has launched an entertainment and gaming complex in Cyprus, marking its first foray into Europe as it seeks to tap new markets.
Macau-based Melco has been seeking to diversify geographically. Aside from its Macau properties, it also has a so-called integrated resort in Manila, in the Philippines. Cyprus's geographical location, at the crossroads of three continents with its proximity to Israel, North Africa and the rest of Europe was a bonus, as was its"climate and lovely beaches," Ho told Reuters.
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