Connect with us

Industry News

Melco awarded at the 8th Invest Cyprus International Investment Awards in recognition of its commitment to Cyprus

Published

on

Reading Time: 2 minutes

 

The Melco Group – the organization building Europe’s largest integrated casino complex in Cyprus – has been honored by Invest Cyprus, in recognition of its significant investment in Cyprus. Melco is developing Cyprus’ first licensed Integrated Casino Resort, the City of Dreams Mediterranean, due to open its doors to international and local guests in late 2021.

Thanking Cyprus for trusting Melco with the ambitious project, its Group Chairman and CEO, Mr. Lawrence Ho, said: “It’s a great honor to receive this award on behalf of the entire team at Melco. Cyprus has tremendous economic potential and is now firmly on the radar of international investors. The country’s beauty, ideal geographical location, and the Government’s progressive approach towards regulation and governance mean that it’s perfectly placed to attract significant inbound investment of the highest caliber.”

The award was presented by the Minister of Finance, Mr. Harris Georgiades at the 8th Invest Cyprus International Investment Awards (ICIIA) organized by Invest Cyprus.

Mr. Ho added: “Today marks the first anniversary of us opening our Cyprus C2 Casinos, and we have already seen a huge surge of interest in the island as a premium tourism destination. The opening of City of Dreams Mediterranean will have a huge positive impact on the nation’s economy, attracting tens of thousands of luxury tourists, creating hundreds of new jobs, and tackling the tough issue of seasonality head on”.

Cyprus Casino’s launch of C2 Limassol along with C2 Nicosia and C2 Larnaca has provided jobs for more than 800 people and recorded more than 880,000 visits from various countries. Another two satellite casinos are expected to open soon, one in Ayia Napa later in July and one in Paphos by the end of the year.

Chairman of the Board of Directors of Invest Cyprus, Michalis P. Michael said: “Melco’s commitment to Cyprus is particularly valued and recognized, both by the government, and the island’s community.   The decision by Melco to build Europe’s largest Integrated Casino Resort here sends a strong message around the world about the long term potential for this nation.   This premium development will significantly boost Cyprus’ overall economy, whilst at the same time enhancing our tourist product in the most sustainable, long-term manner.   Melco are pioneers in their industry, and this is evident in their support for the communities into which they invest.   Melco is partnering with our Department of Antiquities to support national Archaeological Heritage Management, as they see the preservation and promotion of Cyprus’ cultural heritage as a key element to their investment in tourism here.

Melco Group is a world leader in the international luxury leisure and entertainment sector with operations in Hong Kong, Macau, the Philippines, Australia, and the United Kingdom. Melco is part of the consortium “Integrated Casino Resort Cyprus Ltd” (ICR Cyprus) along with “The Cyprus Phassouri (Zakaki) Limited”, a member of the CNS Group. The Consortium is responsible for the construction and operation of the integrated casino-resort in Cyprus as well as four satellite casinos across the island.

The prestigious Awards, organized by Invest Cyprus and Gold magazine, reward foreign investment in Cyprus, by honoring international investors and businesses in recognition of their substantial contribution to the Cyprus economy. This year, the 8th Invest Cyprus International Investment Awards, which were held under the auspices of the President of the Republic of Cyprus, Mr. Nicos Anastasiades, took place at the Presidential Palace on 3 July 2019.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Melco awarded at the 8th Invest Cyprus International Investment Awards in recognition of its commitment to Cyprus

Continue Reading

Industry News

Betmotion Migrates to Patagonia Platform

Published

on

By

Betmotion Migrates to Patagonia PlatformReading Time: 1 minute

 

The Latin American Gaming Platform Betmotion has migrated its online gambling offering to a brand new omni-channel platform powered by Patagonia Entertainment. The mobile-first platform will give Betmotion customers an enhanced user experience.

Much of that market dominance has come from Betmotion’s sportsbook and Patagonia’s platform will build on that momentum thanks to its wide selection of world-class proprietary and third-party games.

These additional games will complement Betmotion’s market-leading iGaming offering. Betmotion now boasts of a one-stop-shop to satisfy all demand across the intricate LatAm territory. Players will be able to clearly differentiate between their bonus balance and real-money balance thanks to Patagonia’s independent wallet design.

Patagonia Entertainment’s platform will enable Betmotion.com to provide an unrivalled user experience and offering its customers a unique state-of-the-art home for entertainment.

“The first half of the year has been one of relentless growth for the business and our migration to the Patagonia Entertainment platform sets us up perfectly for accelerated expansion. Our mobile-first strategy and dedication to offering the best user experience possible is key to further success in LatAm,” Betmotion.com’s COO Luis Traversa said.

“Our omni-channel platform will enable Betmotion to diversify its offering and continue its strong growth in Latin America. We’re thrilled to welcome Betmotion as a partner and give our games extra exposure,” Victor Arias, Patagonia Entertainment’s Global Business Development Manager said.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Betmotion Migrates to Patagonia Platform

Continue Reading

Industry News

Wildz Casino Pairs Machine Learning and Automation with iGaming

Published

on

By

Wildz Casino Pairs Machine Learning and Automation with iGamingReading Time: 1 minute

 

Wildz Casino has paired the Machine Learning and Automation with iGaming. Wildz Casino, powered by a Rootz platform, entered the gaming sector at a time when innovation and “Machine Learning” are emerging as dominant factors in this industry.

In the iGaming industry, the innovative team behind Wildz.com is leading the charge into a “Machine Learning” assisted future. By 2025, the global AI market is projected to be valued at almost $60 billion. Wildz entered the market with a perfectly functioning machine having superb player incentives and unrivalled Loyalty programmes.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Wildz Casino Pairs Machine Learning and Automation with iGaming

Continue Reading

Industry News

RummyCircle Names Prosenjit Chatterjee as Brand Ambassador

Published

on

By

RummyCircle Names Prosenjit Chatterjee as Brand AmbassadorReading Time: 1 minute

 

Online rummy platform RummyCircle has selected popular Bengali actor Prosenjit Chatterjee as its Brand Ambassador.

RummyCircle, the largest online rummy platform in India, is an initiative of Play Games24x7 Pvt. Ltd. Prosenjit Chatterjee who has spent years on the wide screen is a big fan of the popular Indian card game rummy.

“Bengali people have always been fond of card games and rummy is one of the best entertaining card games of India. I am sure everyone will love this new experience of playing the card game online on rummycircle.com with players from all over India. It is really great fun,” Prosenjit said.

The brand unveils its new marketing campaign running with the name #BhorpurManoranjan, giving a completely new fan experience to its players.

“Online rummy is all about entertainment, what we call #BharpurManoranjan. And who better than Mr. Prosenjit Chatterjee who has been the face of the entertainment industry in West Bengal for over a decade. We are very excited to have such a talented person as our brand face and hopefully Bengalis will love playing online Rummy,” Avik Das Kanungo, Brand Head of RummyCircle said.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: RummyCircle Names Prosenjit Chatterjee as Brand Ambassador

Continue Reading
Advertisement
NSoft

Trending