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Melco awarded at the 8th Invest Cyprus International Investment Awards in recognition of its commitment to Cyprus
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The Melco Group – the organization building Europe’s largest integrated casino complex in Cyprus – has been honored by Invest Cyprus, in recognition of its significant investment in Cyprus. Melco is developing Cyprus’ first licensed Integrated Casino Resort, the City of Dreams Mediterranean, due to open its doors to international and local guests in late 2021.
Thanking Cyprus for trusting Melco with the ambitious project, its Group Chairman and CEO, Mr. Lawrence Ho, said: “It’s a great honor to receive this award on behalf of the entire team at Melco. Cyprus has tremendous economic potential and is now firmly on the radar of international investors. The country’s beauty, ideal geographical location, and the Government’s progressive approach towards regulation and governance mean that it’s perfectly placed to attract significant inbound investment of the highest caliber.”
The award was presented by the Minister of Finance, Mr. Harris Georgiades at the 8th Invest Cyprus International Investment Awards (ICIIA) organized by Invest Cyprus.
Mr. Ho added: “Today marks the first anniversary of us opening our Cyprus C2 Casinos, and we have already seen a huge surge of interest in the island as a premium tourism destination. The opening of City of Dreams Mediterranean will have a huge positive impact on the nation’s economy, attracting tens of thousands of luxury tourists, creating hundreds of new jobs, and tackling the tough issue of seasonality head on”.
Cyprus Casino’s launch of C2 Limassol along with C2 Nicosia and C2 Larnaca has provided jobs for more than 800 people and recorded more than 880,000 visits from various countries. Another two satellite casinos are expected to open soon, one in Ayia Napa later in July and one in Paphos by the end of the year.
Chairman of the Board of Directors of Invest Cyprus, Michalis P. Michael said: “Melco’s commitment to Cyprus is particularly valued and recognized, both by the government, and the island’s community. The decision by Melco to build Europe’s largest Integrated Casino Resort here sends a strong message around the world about the long term potential for this nation. This premium development will significantly boost Cyprus’ overall economy, whilst at the same time enhancing our tourist product in the most sustainable, long-term manner. Melco are pioneers in their industry, and this is evident in their support for the communities into which they invest. Melco is partnering with our Department of Antiquities to support national Archaeological Heritage Management, as they see the preservation and promotion of Cyprus’ cultural heritage as a key element to their investment in tourism here.
Melco Group is a world leader in the international luxury leisure and entertainment sector with operations in Hong Kong, Macau, the Philippines, Australia, and the United Kingdom. Melco is part of the consortium “Integrated Casino Resort Cyprus Ltd” (ICR Cyprus) along with “The Cyprus Phassouri (Zakaki) Limited”, a member of the CNS Group. The Consortium is responsible for the construction and operation of the integrated casino-resort in Cyprus as well as four satellite casinos across the island.
The prestigious Awards, organized by Invest Cyprus and Gold magazine, reward foreign investment in Cyprus, by honoring international investors and businesses in recognition of their substantial contribution to the Cyprus economy. This year, the 8th Invest Cyprus International Investment Awards, which were held under the auspices of the President of the Republic of Cyprus, Mr. Nicos Anastasiades, took place at the Presidential Palace on 3 July 2019.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Melco awarded at the 8th Invest Cyprus International Investment Awards in recognition of its commitment to Cyprus
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Fast Track welcomes PolarLotto: taking online lotto in Sweden to new heights
Malta, 28th March 2024 – PolarLotto, a leading provider of lotto betting services in Sweden, has just announced a strategic partnership with Fast Track, a leading provider of CRM solutions designed specifically for the iGaming industry. This collaboration aims to propel PolarLotto’s expansion from offline to online offerings, bringing the excitement of the world’s biggest lotteries to Swedish players in a safe and responsible manner.
PolarLotto prides itself on its commitment to transparent and ethical gaming practices, with a focus on player safety and responsible gaming. By teaming up with Fast Track, PolarLotto aims to leverage cutting-edge technology to expand its business model from traditional to online, ensuring a seamless and engaging experience for its customers.
Commenting on the partnership, Benjamin Burstein, CEO of PolarLotto, expressed enthusiasm about the possibilities ahead, stating, “We are excited to embark on this journey of transforming our business with the latest technology and automation tools provided by Fast Track. As we transition to the online space, we are confident that Fast Track’s expertise in custom segmentation, real-time data capabilities, and personalised experiences will enable us to better serve our players and achieve our business objectives.”
Fast Track also expressed confidence in the partnership, highlighting the potential for exceptional results through its Singularity model, which uses AI and machine learning to deliver tailored content to players, at the right time and through the most effective channel. “We are thrilled to partner with PolarLotto and support their online expansion,” said Simon Lidzén, CEO and co-founder of Fast Track. Our tools are designed to empower lean teams to achieve remarkable results, and we look forward to helping PolarLotto maximise their online presence and engagement.”
The post Fast Track welcomes PolarLotto: taking online lotto in Sweden to new heights appeared first on European Gaming Industry News.
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Red Bull Gaming premieres ‘Memories of CS:GO’ documentary highlighting the game’s early years
As the CS2 PGL Major in Copenhagen is set to kick off, Red Bull Media House will unveil a captivating feature-length documentary, “Memories of CS:GO – The Early Years,” an ode to one of the most influential games ever made.
This film takes viewers on an immersive journey through the origins and evolution of Counter-Strike: Global Offensive (CS:GO), featuring personal accounts and defining moments from several of the most legendary figures of the game.
The 90-minute documentary, narrated by Counter-Strike commentator Henry “HenryG” Greer, chronicles the remarkable trajectory of CS:GO, from its grassroots beginnings to becoming a global esports phenomenon.
Produced by Red Bull Media House, the film captures the essence of the game through the eyes of its most well known players, including Olof “olofmeister” Kajbjer Gustafsson, Patrik “f0rest” Lindberg, Richard “shox” Papillon, Gabriel “FalleN” Toledo, and Jarosław “pashaBiceps” Jarząbkowski, among others.
The documentary’s release is timed to precede the playoff stage of the PGL Major Copenhagen, scheduled for March 26, 2024. It will premiere on Red Bull Gaming’s YouTube channel at 21:00 CEST, offering viewers worldwide an insider’s perspective on the beloved game.
Event Details:
- What: Premiere of “Memories of CS:GO – The Early Years”
- When: March 26th, 2024, at 21:00 CEST
- Where to watch: Red Bull Gaming’s Youtube Channel
- The “CS:GO Memories” documentary can be viewed shareit.redbull.com
The post Red Bull Gaming premieres ‘Memories of CS:GO’ documentary highlighting the game’s early years appeared first on European Gaming Industry News.
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Ten Square Games ready for a new development opportunities in 2024
2023 ESPI package
The following documents in pdf format are equivalents of the official Consolidated Financial Statement which were reported in ESPI (download in the zip file above)
2023 Consolidated Financial Statement
2023 Management Board Report on Activities
Independent Auditor’s Report on the Audit of Annual Consolidated Financial Statements
Link to the stream
Link to the chat with individual investors
Presentation
Factsheet
Financial data
Transcription of the conference and Q&A session
For complete press release visit tensquaregames.com
The post Ten Square Games ready for a new development opportunities in 2024 appeared first on European Gaming Industry News.
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