The casino resort opens up new perspectives

City of Dreams Mediterranean, Cyprus’ first integrated resort, is expected to be the largest and premier integrated destination resort in Europe.

The creation of a multi-themed casino resort was one of the government's goals, the President of the Republic, Nikos Anastasiadis, said on Monday evening, adding that the casino project, "inaugurates a new era for our country by opening new perspectives that strengthen the position on the international tourist map".

According to an announcement by the company Melco Resorts & Entertainment Limited, President Anastasiades as well as honored guests had the opportunity to tour the City of Dreams Mediterranean, during a reception hosted by the company's President and CEO Lawrence Ho and the Group's CEO CNS Group Melis Siacolas, in view of the opening of the first European multi-themed resort, which will take place in the second quarter of the year.

During the event, the PtD and the rest of the guests were given a tour of the luxurious facilities of the multi-thematic resort and saw its architectural design up close, which, as the announcement states, "makes it a landmark in the wider region, and beyond".

Vote of confidence in Cyprus

In a speech during the event, it is added, President Anastasiades expressed his thanks to the consortium Melco and CNS and their managing directors, pointing out that their decision to invest in City of Dreams Mediterranean is a vote of confidence in Cyprus and recognition of the prospects and possibilities that our country has in the tourism sector and beyond.

"The creation of a multi-thematic resort was one of the government's goals, as we knew that its creation would contribute to enriching our tourist product, increasing tourist arrivals and creating new jobs, with obvious benefits for the Cypriot economy", he reported.

He added, that "it would not be an exaggeration to say that the casino is ushering in a new era for our country, opening up new perspectives that strengthen its position on the international tourist map" and completed by saying that "major development projects, such as the City of Dreams Mediterranean, are breathing works and a point of reference for the whole place".

One step before the beginning

For his part, the President and CEO of Melco Resorts & Entertainment, Lawrence Ho, referred to his company's vision to create an authentic and unique project, which is an architectural gem and is fully in harmony with its environment, country and people.

“Nearly five years ago, we gathered in this beautiful place to lay the foundation stone of this ambitious project. Today, we are one step before the beginning of a new era for Cyprus, its tourism, but also its economy", said Mr. Ho and expressed the hope "to make the City of Dreams Mediterranean the flagship of the island's tourism product and one of the main contributors to the economic development of Cyprus".

The PtD was presented with an honorary plaque, while Mr. Ho also presented an inscription, which was placed on the grounds of the resort, dedicated to President Anastasiades.

The announcement recalls that Europe's largest multi-theme resort will offer services to satisfy every taste, featuring a fourteen-story luxury hotel with 500 rooms and suites, designer shops, iconic architecture, art, sports facilities, outdoor amphitheater, adventure park for all ages , conference and exhibition spaces, dining areas as well as casinos.

Source: stockwatch.com

Photo: mycareer.melco-resorts.com

31 January 2023