Cypriot media has come bearing bad news for all Melco casino fans in the Republic of Cyprus. The company had announced that it would open a property bearing the name ‘City of Dreams Mediterranean’ during the 2021 summer. The resort would have been the first of its type in the region but the owners think it is wiser to postpone to the last months of 2021 according to In-Cyprus, a local news outlet.
The government of Cyprus recently legalized gambling in casinos as one of the market renovations the republic is aiming. Companies were subjected to a vigorous bidding process in 2017 to determine who would be granted the gaming license. It is through this that Cyprus Phassouri (Zakaki) of the CNS group and Melco Resorts and Entertainment based in Hong Kong earned themselves the licenses. Melco was authorized to put up satellite casinos in Ayia Napa, Larnaca, Paphos and Nicosia and the main one in Limassol city. The company got into a joint venture with J&P Avax and GEK Terna, two construction companies that have their bases in Greece. The construction commenced about a month ago and was projected to go up to mid-2021 but that is no longer the case according to In-Cyprus.
In June last year, Melco set up a facility in the city of Limassol to serve as its temporary operating base until the completion of the main resort. Apparently, due to the expected delay, the company issued a statement on Tuesday stating that it would fill all the positions at the temporary facility and the satellite casinos in Ayia Napa and Nicosia. In addition, it announced that it would be expanding its workforce. The doors to the satellites in Larnaca and Nicosia opened to players last year December. Ayia Napa, on the other hand, is expected to open this July. Nevertheless, the online presence of these casinos is yet to be felt. It is important for the company to direct some of its focus on dominating the internet as well as a simple link such as https://lvbet.com can go a long way in attracting gamblers.
Known for its emphasis on quality service, Melco always insists on training their attendants despite their experience. Due to this, attendants to gaming machines will most likely go through training for two months while dealer applicants who will be successful will undertake a three-month program. While undergoing the training, they will be assimilated into the company as employees. Perhaps the casino has been able to offer some of the best slot games as a result of these programs. However, their outcomes in Cyprus are what will be used to judge their relevance in the current market.
Projections done earlier show that the City of Dreams Mediterranean project will create around 4,000 employment opportunities during the process of construction. Once it is operational and fully on its feet, a total of 2,400 people are expected to secure themselves permanent employment in the facility. For those who have never heard of Melco, it is a giant resort company with luxury resorts in the Philippines and Macau. It is currently eyeing expansion of its property in Japan. Given that the Cyprus facility is the first Melco is developing outside the boundaries of the Asian continent, it is not intending to shy on its spending. It is expected that the buildings will be showcases of opulence. Multiple gaming tables, as well as slot machines, will be installed. Moreover, City of Dreams Mediterranean will boast of several villas and suites. In total, it is expected that more than €550 million will be invested to make the project come to a reality.
