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Cypriot Investment Scheme
Repossession Property Yield Properties

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  • 13 May 2019 Petrolina will move storage units by years end

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  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

  • 30 April 2019 KPMG Sales of many properties over 1 million

    The exogenous demand for luxury properties, particularly in Limassol, is... read more

  • 22 April 2019 Cyprus real estate investment Prospects and Risks

    The figures, trends and the state of the Cyprus real estate market over the... read more

  • 19 April 2019 Solution for trapped buyers edging closer

    Amendments to the law designed to resolve the Title Deed mess by enabling... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

  • 30 April 2019 KPMG Sales of many properties over 1 million

    The exogenous demand for luxury properties, particularly in Limassol, is... read more

  • 22 April 2019 Cyprus real estate investment Prospects and Risks

    The figures, trends and the state of the Cyprus real estate market over the... read more

  • 19 April 2019 Solution for trapped buyers edging closer

    Amendments to the law designed to resolve the Title Deed mess by enabling... read more

Casino Three companies two cities

   

As all shows Limassol and Larnaca are the predominant cities for the operation of the integrated resort type casino, as the three parties majors selected by the government for the next phase of the contest seems to prefer. As you know, last week the Ministry of Energy, as the Ministry announced that the three finalists houses are Bloomberry Resorts Corporation, Melco - Hard Rock Resort Cyprus Consortium and NagaCorp. According to their representatives, and other sources of "F", two of the three candidates, namely the joint venture Melco - Hard Rock Resort Cyprus Consortium and NagaCorp. They have been concluded by a final where we built the entire project in the event that their proposal is selected, while Bloomberry Resorts Corporation has come up short listings pending the criteria of the state.   Melco - Hard Rock Resort Cyprus Consortium Specifically, the joint venture Melco - Hard Rock Resort Cyprus Consortium, composed of Melco International Development companies, the Hard Rock International and Cypriot company Cyprus Phasouri (Zakaki), member of the Group CNS, o which inter alia active in the real estate, telecommunications, dairy products, agriculture, exports and mining, plan to erect the project in Fasouri area in Limassol. Specifically, the property borders the shopping center My Mall, as well as the new project of the Lanitis Group, Limassol Golf Greens, which is under final licensing process. it is worth noting that in the same area and the water park Fasouri Water Mania.  Meanwhile, as reported in a statement issued a few days ago the consortium, the Melco International Development, founded in 1910 and listed on the Hong Kong Stock Exchange since 1927, with operations in China, the Philippines, Cambodia and Russia. Through corporate game of chance Melco Crown Entertainment, Melco Crown Philippines and Summit Ascent, the company owns and operates facilities under the brands «City of Dreams», «Studio City», «Altira» and «Tigrede Cristal», which have 4,500 hotel beds and employs in excess of 20,000 employees, while generating revenue $ 4.8 billion. and have won eight awards Forbes 5-Star 2015. Melco was honored in 2015 with the title of «ICON on Corporate Governance» of the Asian Corporate Governance Asia magazine for the tenth consecutive year. President and CEO is Lawrence Ho, son of Chinese tycoon Stanley Ho casino. The Hard Rock International, as mentioned, has buildings in more than 68 countries, including 162 cafes, 24 hotels and 11 casinos. Starting and trademark guitar of Eric Clapton, the Hard Rock owns one of the largest collections of commemorative music, which is exposed to several buildings of the company worldwide and owns the trademark for all Hard Rock brands. The company owns, manages or franchises of Hard Rock Cafes in iconic cities such as London, New York, San Francisco, Sydney and Dubai. It also owns and / or manages hotels and casinos around the world. Among these are the two most successful hotels and casinos in Tampa and Hollywood, Fl., Which belong to the parent company of Iard Rock, the «The Seminole Tribe of Florida», as well as in other locations such as Bali, Chicago , Cancun, Ibiza, Las Vegas, Macau and San Diego. in the near future, will operate Hard Rock Cafes, inter alia, in San Juan, Lagos and Gran Canaria, Spain. In addition, the Hard Rock Hotel goes with new hotel projects in Atlanta, Berlin, Daytona Beach, Dubai, LosCabos, Tenerife, Abu Dhabi and in Shenzhen and Haikou in China.  

The Bloomberry Resorts Corporation, has gone long in successive contacts in all provinces by examining properties, which would be appropriate to develop the project in case of being awarded the casino contest. After some investigation seems to have come up short listings, upon which the project can be built. However, according to the same sources, the final decision on the property that will be selected will depend on the criteria set by the Government in second round of the competition on this throughout this work. 
 
As stated in the Bloomberry Resorts Corporation website is a public listed company on the Stock Exchange of the Philippines in 1999, which develops tourist facilities, entertainment casinos, hotels and themed entertainment projects. It is part of Bloomberry Group, along with Sureste Properties, Inc., which is under the supervision of the hotel side of the business, and Bloomberry Resorts and Hotels Inc. holds the gaming license of the Philippines. The company's flagship is worth $ 1 billion. luxury integrated casino - resort Solaire Resort & Casino, which opened in 2013 and is located in the Entertainment City in the capital of the Philippines Manila. As mentioned, the project gave leadership in the company, for the three other bodies in the private gaming sector are set to develop their own projects in the Entertainment City. President of the company is 56 year old diesekatommyriouchos Enrique K. Razon Jr., the who is also president and CEO of the listed giant International Container Terminal Services, Inc., which handles the ports of the Philippines. The Enrique K. Razon Jr., considered the third richest in the Philippines.    Larnaca - port selects the Naga

The Naga Corp. if you win the casino competition seems to intend to develop the project in Larnaca in the port area. 
 
As stated in the Naga Corp website is listed on the Hong Kong Stock Exchange since 2006 and is the largest hotel and gaming company manager and entertainment in Cambodia. Also reported that, flagship of the company is the casino Naga World, which is the only integrated hotel entertainment complex in the Cambodian capital, Phnom Penh. It holds exclusive casino license for 70 years until 2065, and the monopoly 41 years in radius of 200 kilometers from Phnom Penh, which expires in 2035. the founder, major shareholder and executive director of the company is 67chronos Malaysian, Chen Lip Keong, who ranks 23rd in the list of 50 richest in Malaysia in 2016, with the fortune according to Forbes magazine that reaches $ 620 million.  He writes: Helen Nicholas-Pavlidis

- See more at: http://www.philenews.com/el-gr/oikonomia-kypros/146/304657/kazino-treis-oi-etaireies--dyo-oi-poleis#sthash.liNhRamM.dpuf