Fourth Melco Satellite Casino Opens in Cyprus

Cyprus Casinos, a unit of Melco Resorts & Entertainment, has opened its “fourth and last” licensed satellite casino in the Greek-controlled Republic of Cyprus. Melco is now building a larger integrated resort, City of Dreams Mediterranean (l.) in Limassol.

Fourth Melco Satellite Casino Opens in Cyprus

Cyprus Casinos has opened its final licensed satellite casino in the city of Paphos, on the southwest coast of the Mediterranean island of Cyprus.

The new casino, known as C2 Paphos, is one of a cluster of casinos from Hong Kong-listed Melco Resorts & Entertainment. It joins three other satellite casinos in Ayia Napa, Nicosia and Larnaca, and a temporary main casino in Limassol, future home of the permanent integrated resort, City of Dreams Mediterranean, due to be open by late 2021. C2 Limassol will close when City of Dreams Mediterranean is launched, reported GGRAsia.

The permanent resort, representing an investment of €550 million (US$605 million), is expected to attract 300,000 tourists per year and create 11,000 jobs. It will include a five-star hotel with 500 guest rooms and suites, meeting and exhibition space, and a casino with more than 100 gaming tables and 1,000 gaming machines.

“We are delighted to be launching our fourth and last satellite casino, after the opening of C2 Limassol, the first licensed casino on the island,” C2 Casinos President Craig Ballantyne said. “We strongly believe that C2 Paphos will further enhance the local touristic experience and attract more visitors to the district not only from Cyprus but also from abroad.”