Late last year the firm – which is also majority owner of Macau casino operator Melco Resorts and Entertainment– increased to 75% its share in a consortium awarded an exclusive casino licence by the Republic of Cyprus, which controls the ethnic Greek portion of that Mediterranean island.
In January the firm flagged it would have a temporary gaming facility prior to the main venue launching in 2021, but didn’t mention a time frame. Local media reports had said the interim casino might launch in June this year.
“In 2018, we will commence operating a temporary casino facility while we work towards a 2021 targeted opening for the permanent integrated casino resort,” said Melco International’s chairman Lawrence Ho Yau Lung, in comments in the annual report filed on Thursday.
Also, Ho said the group hoped also to be able to “secure a gaming licence in Japan”.
Source: GMB / GGR Asia
