The first integrated casino resort (ICR) in Cyprus, City of Dreams Mediterranean, the only one of its kind in Europe, is expected to open its doors in 2021.
Following a competitive tender and having obtained all required approvals by the government of Cyprus, Integrated Casino Resort Cyprus (CR Cyprus) has announced the award of the construction of the City of Dreams Mediterranean Integrated Casino Resort to Avax - Terna J.V. (formerly known as J&P Avax - Terna J.V.), a joint venture which is 60 percent-owned by AVAX SA and 40 percent-owned by Terna SA.
City of Dreams Mediterranean Integrated Casino Resort, has been officially announced as the European Casino Association’s (ECA) 29th member. At the general assembly of ECA, the association’s board accepted City of Dreams Mediterranean's membership application, after the company subscribed to ECA’s code of conduct and it was decided that it meets the association’s strict membership criteria.
Melco Resorts & Entertainment was named Socially Responsible Operator of the Year (Land Based) at the 12th International Gaming Awards (IGA).
The newly appointed deputy minister of tourism, Savvas Perdios, was welcomed by Lawrence Ho, CEO, Melco Group, to Cyprus Casinos ‘C2’ Nicosia where they exchanged views on the deputy minister’s new strategy for tourism and Melco’s main objectives and goals for the City of Dreams Mediterranean Integrated Casino Resort (ICR) as well as the Cyprus Casinos properties.