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Cyprus – Bloomberry walks away from Cyprus tender

By - 21 Eylül 2016

Bloomberry Resorts, who operates Solaire in the Philippines, has officially withdrawn from the tender process for a casino licence in Cyprus.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

Ödül, yalnızca bir Entegre Casino Tesisi değil aynı zamanda ICR'nin bulunacağı bölge dışındaki bölgelerde en fazla dört uydu kumarhane tesisini işletmek için bir lisanstır. Her biri, konum başına en fazla 50 oyun makinesinin çalıştırılması için lisanslanacak.

Çerçeve kapsamında, kazanan teklif sahibinin Avrupa'da türünün ilk örneği olan bütünsel bir entegre tesis inşa etmesi gerekecek. Tesiste 500 otel odasının yanı sıra 1,000'den fazla slot makinesi ve 100'den fazla masa oyunu bulunan bir kumarhane yer alacak. Gruba 30 yıllık münhasırlık süresi ile 15 yıllık bir kumarhane lisansı verilecek.

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