Melco, the renowned casino empire led by billionaire Lawrence Ho, makes its grand entrance into the European market with the inauguration of an opulent $660 million luxury resort in Cyprus.
Melco Resorts & Entertainment, the prominent Asian casino operator under the leadership of Hong Kong billionaire Lawrence Ho, has made its inaugural foray into the European market by unveiling a captivating hospitality and gaming complex on the idyllic Mediterranean island of Cyprus. This remarkable undertaking, known as the "City of Dreams Mediterranean," represents Melco Resorts' significant investment of over 600 million euros ($662 million) to create one of Cyprus' largest and most ambitious development projects, as well as Europe's most expansive integrated resort, according to the company. The grand opening of the resort took place on Monday, as Melco Resorts proudly showcased its latest creation. Reflecting on the significance of the project, Lawrence Ho, Chairman and CEO of Melco Resorts, emphasized the fusion of local culture, hospitality, and natural beauty with a fresh form of entertainment and experience. In his remarks during the opening event, H...
