Sunday, April 21, 2024

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City of Dreams Mediterranean makes 130 employees redundant as business falls due to Israel conflict

Just months after opening, Melco’s City of Dreams Mediterranean property is already cutting staff, citing the ‘unforeseen and ongoing conflict in Israel’.

City of Dreams Mediterranean targeting Middle East, North Africa and Europe, synergy with Macau

Melco’s ambitious venture into Europe, City of Dreams Mediterranean, is scheduled for success – or at least the operator is banking on that, as it leverages its 100 tables and 1,000 slot machines to maximize synergy of its sun-drenched shores with its casino operation.

City of Dreams Mediterranean officially opens

Melco Resorts and Entertainment has opened Europe’s largest integrated resort, City of Dreams Mediterranean in Limassol, Cyprus, which “marks the start of the most exciting chapter,” notes Melco’s Chairman and CEO Lawrence Ho.

City of Dreams Mediterranean in Cyprus will have a soft opening in June

Melco Resorts and Entertainment has unveiled plans for the official opening of City of Dreams Mediterranean in Cyprus on July 10th. Prior to this, the Integrated Resort (IR) will have its soft opening for invited guests on June 12th, with the development promising to be a unique addition to the region.

City of Dreams Mediterranean promotional video released

Melco’s City of Dreams Mediterranean, Cyprus’ first integrated resort, has released a promotional video including drone footage of the current state of construction, reaffirming that it expects a summer 2022 opening.

TCS John Huxley supplying gaming equipment to City of Dreams Mediterranean

TCS John Huxley has announced that it was chosen to supply 'all' gaming equipment to Europe’s first integrated resort, City of Dreams Mediterranean, which held its soft opening on June 12th.

Your Daily Asia Gaming eBrief: CoD Mediterranean a new adventure for Melco

Time to plan a vacation to Cyprus. Melco's new City of Dreams Mediterranean property is calling, with sun-soaked beaches and a vibrant casino.

Melco Int Dev. widens loss to $584m, aims 2Q23 Studio City opening

Melco International Development Ltd reported a net loss of HK$4.58 billion ($584 million) as against HK$3.75 billion ($478 million), the loss of the company widened 22 percent on a year-on-year basis.

Melco merger with Studio City/Melco International would boost share price: Bernstein

Melco Resorts & Entertainment is the worst-performing amongst Macau’s gaming stocks year-to-date and a merger, either with parent Melco International Development or its Studio City unit would unlock value for shareholders, Bernstein said.

Melco Cyprus looking to add 1,800 to COD Mediterranean workforce

Melco Cyprus is expecting to raise its workforce from 700 people to around 2,500 in the “coming months”, ahead of its expected 2022 opening.