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Cyprus – Bloomberry walks away from Cyprus tender

Bloomberry Resorts, who operates Solaire in the Philippines, has officially withdrawn from the tender process for a casino licence in Cyprus.

Bloomberry’s Director of investor relations Leo Venezuela confirmed the news without offering any reasons although it is believed to be the difficulty in securing reasonably priced land.

The news leaves Cambodia operator NagaCorp and a consortium including Hard Rock and Melco International, who operates casino in Macau and Russia, in a direct head to head to secure the licence.

Tourism Minister Giorgos Lakkotrypis expressed his disappointment that the tender had not yet been completed. He also suggested that the successful applicant could be allowed to open a temporary casino immediately after the award.

“There is no doubt that it is an ambitious project, especially due to the model that we have chosen, which is the resort casino, unlike the rest of Europe which chose many smaller casinos. So we believe this will give us additional competitive advantages,” he said. “Our intention is before the end of the year to evaluate and award the winning bid.”

Reports last week claimed suggest that only Melco International, Hard Rock and local agricultural company Phassouri, had successfully secured land for the project. It is believed to have secured land in Limassol on the southern coast whilst Nagacorp is considering a Lamarca-based project. Naga Corp will have up to October 5 to submit its final detailed outline for the project. A total of 12 major companies from the USA, Philippines, Cambodia, Russia and France had formally expressed their interest in the Cyprus licence.

奖品是获得一张许可证，不仅可以经营综合赌场度假村，还可以在 ICR 所在地区以外的其他地区经营最多四个卫星赌场场所。每家公司都将获得在每个地点运营最多 50 台游戏机的许可。

根据该框架，中标者将必须建造一个整体综合度假村，这是欧洲首个此类度假村。它将拥有 500 间酒店客房，以及一个拥有 1,000 多个老虎机和 100 多张赌桌的赌场。该集团将获得为期30年的赌场牌照，其中独占期为15年。