New Melco Cyprus Casino in Limassol Underperforms

Melco has opened a new casino in Limassol Cyprus
July 10, 2018

The new Melco Cyprus Casino in Limassol has welcomed over 7000 visitors since it opened it doors on June 28, but the operator has been expecting much more footfall. Competition from casinos in Northern Cyprus seems to be the cause of the problem, as well as local gambling laws. Competition from Up North This is the first casino in Southern Cyprus, and it is facing competition from over two dozen casinos in the north. Casinos in the Turkish Republic of Northern Cyprus adhere to vastly different gaming regulations, and many of them provide players with free alcohol and tobacco. Another… Read More

Melco Resorts Buys 20 Electric Buses

Melco Resorts Busses
April 21, 2018

Where negative news seems to follow Wynn Macau, Melco Resorts is gaining a favorable opinion. Melco Resorts and Entertainment posted impressive revenue for 2017, which is gaining investors. The analysts are not sure the stock price is worth it, but then again, the company is gaining in opinion with their newest move. Melco Resorts bought twenty electric buses, which will be used in Macau. The corporation is looking at the mass market visitors Macau is trying to attract. It is not just about the casino industry, but also about gaining more travelers to the island for shopping, relaxation, and entertainment…. Read More