CNS is a member of the Integrated Casino Resorts Cyprus Consortium (“ICR”), comprising Melco Resorts & Entertainment (“Melco”) and The Cyprus Phassouri (Zakaki) Limited (member of the CNS Group) that will develop and operate an Integrated Casino Resort Project, together with 4 satellite casinos in Cyprus.
The resort’s name is City of Dreams Mediterranean and will be developed in western Limassol. It is expected to be launched by early 2021 while a temporary casino will be operational from 2018 and until the opening of the resort. The Integrated Resort is designed in the Mediterranean style, and will be built according to the principles of sustainable development and be tailored to fit Cyprus’s natural environment and landscape. It will be Europe’s biggest Integrated Casino Resort, with gaming areas of a total of 136 tables and 1,200 gaming machines, a five-star hotel with luxurious villas and 500 hotel rooms, 11 restaurants and cafeterias, a wellness centre, a sports centre, an extensive pool area with river woods and surf pools, a high-end retail area and an outdoor amphitheatre with extensive green areas. Also, in order to attract conference tourism, City of Dreams Mediterranean will offer 9,600-sq. metres of MICE facilities with a convention expo center.
The pioneering project, a landmark for Cyprus and the wider region, is expected to attract an additional 300,000 tourists a year and will promote Cyprus internationally as a conference destination. The project is expected to give a huge boost in the Cyprus economy in terms of economic growth as well as employment both during construction as well as the operational phase.
For more information you can also visit our site: www.cityofdreamsmed.com.cy