Melco Resorts and Entertainment Ltd will open the IR City of Dreams Mediterranean in Cyprus in summer 2022

Melco Resorts and Entertainment Ltd officially announced their City of Dreams Mediterranean Integrated Resort (IR) will launch?in Cyprus during the summer of 2022.

The IR will be located in Limassol, and is set to become the largest IR in Europe. The project was originally meant to launch towards the end of this year, yet this was subject to delays as a result of the COVID-19 pandemic.

Additionally, the IR will be a 16-story infrastructure partnered with a 500-room five-star hotel. There will also be an array of? food and retail venues, as well as meeting, conference and exhibition spaces.

According to the Gambling Insider, Grant Johnson, property GM of City of Dreams Mediterranean and Cyprus Casinos, stated in a released statement:

Construction work is progressing smoothly and even though the Covid-19 outbreak has impacted our original timeline, we remain committed to this ground-breaking project,

We aim to establish a unique destination, offering a premium entertainment experience to our guests while creating real value for the country’s economy and society. City of Dreams Mediterranean is set to enrich Cyprus’ tourism landscape, attracting an additional 300,000 visitors per year to the island.

The project aims to provide a much needed boost in tourism following world-wide travel restrictions in bid to mitigate the spread of COVID-19, and create thousands of jobs.

Source: Gambling Insider

The SiGMA Roadshow

The?SiGMA Roadshow?is stepping up its game; now virtual, the webinar will take on a new jurisdiction every month, targeting a global agenda of gritty conference topics and a small, yet buzzing expo floor. Hosted on an interactive platform, the 2 hours mini conference will delve into 5 key areas of debate, bringing key themes specific to the region – such as regulation, tax and compliance, and emerging tech, to a table of thought leaders and academics at the top of their game. The SiGMA Virtual Roadshow will reflect SiGMA’s global events opening in 5 major regions over the next few years, specifically Europe, the CIS region, Asia, the Americas, and Africa. The monthly event, which launches with a worldwide tour of 14 countries, starts off with the recently legislated Ukraine, and will be published via podcast.