More than 175,000 peo­ple vis­ited Li­mas­sol casino in first three months

Financial Mirror (Cyprus) - - CYPRUS -

Nearly 2,000 peo­ple a day have vis­ited the first casino to op­er­ate in the Cyprus Repub­lic since it opened in Li­mas­sol three months ago on June 28.

Cyprus Casi­nos (C2), the first li­censed casino in the Repub­lic, has wel­comed more than 175,000 in­di­vid­ual guests and 13,000 reg­is­tered mem­bers of the loy­alty pro­gramme, since it opened its doors to the pub­lic, thus achiev­ing the goals set by Melco Group,” said a state­ment by the com­pany.

Ear­lier this week, Cyprus Casi­nos hosted a se­ries of events mark­ing the of­fi­cial open­ing of the casino and to thank cus­tomers for their sup­port.

Craig Bal­lan­tyne, Prop­erty Pres­i­dent of City of Dreams Mediter­ranean and Cyprus Casi­nos, said: “C2 has be­come a must-see des­ti­na­tion for lo­cals and tourists alike.”

He added: “The three months of op­er­a­tion of C2 were suc­cess­ful and the re­sults ex­ceeded our ex­pec­ta­tions.”

Bal­lan­tyne thanked the com­mu­nity, in­volved stake­hold­ers and the Cyprus gov­ern­ment for their sup­port so far.

Ad­dress­ing a spe­cial cer­e­mony, Min­is­ter of Fi­nance Har­ris Ge­or­giades re­ferred to the sig­nif­i­cant rev­enue the state will re­ceive from this pro­ject.

“Two-three years from now, the in­au­gu­ra­tion of the main item of the pro­ject, City of Dreams Mediter­ranean re­sort, will take place,” said Ge­or­giades.

Mayor of Li­mas­sol Ni­cos Ni­co­laides wished Melco ev­ery suc­cess say­ing that C2 is the first ma­jor step to­wards the im­ple­men­ta­tion of Melco’s main pro­ject, the es­tab­lish­ment of Europe’s big­gest in­te­grated casino re­sort, City of Dreams Mediter­ranean, sched­uled to open its doors in 2021.

Other satel­lite casi­nos in Ni­cosia, Paphos and Lar­naca are ex­pected to open later this year. They will be equipped with 50 elec­tronic gam­ing ma­chines but have no ta­bles.

The Lar­naca casino will op­er­ate at the air­port, while Ni­cosia will be the only satel­lite casino to have gam­ing ta­bles along with the 50 slots sit­u­ated op­po­site Hil­ton Park in En­gomi where the C-House café-restau­rant used to be.

Also due to open is the casino be­ing pre­pared on Ledas Street in Kato Paphos – again this will have 50 slots but no ta­bles.

The casino on Ayia Napa’s Arch­bishop Makar­ios Av­enue – near the Faros ho­tel – is ex­pected to open in late 2019.

Satel­lite casi­nos are not in­tended to be fully fledged casi­nos, they will mainly serve as le­gal gam­ing venues to de­ter il­le­gal gam­ing and peo­ple cross­ing over to the north to gam­ble.

When the Li­mas­sol casino shuts down in three years’ time, all per­son­nel will au­to­mat­i­cally be trans­ferred to the in­te­grated casino re­sort, the City of Dreams.

Ma­cau’s Melco In­ter­na­tional and its Cypriot part­ner CNS group are be­hind the EUR 550 mln first casino re­sort.

The com­plex will have 500 ho­tel rooms with a gam­ing area of 7,500 square me­tres and other fa­cil­i­ties like an expo cen­tre span­ning more than 9,600 square me­tres.

It will ac­com­mo­date 136 gam­ing ta­bles, 1,200 gam­ing ma­chines and 11 restau­rants and em­ploy 2,400 staff.

The casino com­plex, a land­mark for Cyprus and the wider re­gion, is ex­pected to at­tract an ad­di­tional 300,000 tourists per year and should put Cyprus on the map as an in­ter­na­tional con­fer­ence des­ti­na­tion.

Melco says City of Dreams Mediter­ranean will cre­ate 4,000 lo­cal job op­por­tu­ni­ties dur­ing the con­struc­tion phase and ap­prox­i­mately 2,400 per­ma­nent jobs once it is fully opened as well as con­tribut­ing to ap­prox­i­mately 6,500 di­rect, in­di­rect and re­lated full-time jobs.

Af­ter the se­cond year of op­er­a­tion, the in­te­grated re­sort is ex­pected to con­tribute ap­prox­i­mately EUR 700 mln per year to the Cyprus econ­omy, ac­count­ing for around 4% of an­nual GDP.

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