Tag Archives: cyprus
- Illegal betting ringmaster Veysel Sahin falls in Turkey
August 14, 2017
Turkish authorities have finally apprehended Cyprus-based illegal betting ringmaster Veysel Sahin. It took Turkish policemen almost a year since a major international illegal online betting bust to capture the elusive ring leader. Turkish news website Ahaber reported that authorities arrested Sahin in Sivas, Turkey, while he was visiting his ailing...
- Hard Rock selling stake in Cyprus casino project to Melco Int’l
June 27, 2017
Casino operator Hard Rock International (HRI) has quietly exited its Cyprus integrated resort joint venture, according to stock market filings. On Monday, the government of the Republic of Cyprus officially signed its contract with a consortium consisting of HRI, Hong Kong-listed Melco International Development and local firm Cyprus Phasouri (Zakaki)...
- Melco-Hard Rock give up on Spain casino, double-down on Cyprus
June 26, 2017
Casino operators Melco International Development and Hard Rock International (HRI) officially closed the door on a Spanish integrated resort project while confirming their Cyprus joint venture. On Monday, the Melco-HRI tandem formally signed a contract to build Europe’s largest brick-and-mortar casino in the Limassol region of the Republic of Cyprus....
- Cyprus gov’t expects €100m per year from Melco-Hard Rock casino
May 17, 2017
The Republic of Cyprus is betting on big financial rewards from its one and only integrated resort casino. Cypriot Finance Minister Harris Georgiades recently told Cyprus Weekly that the government expects to reap an annual windfall of €100m in tax revenue once the new Melco International-Hard Rock International joint venture...
- Melco-Hard Rock to open Cyprus gaming venues this summer
April 24, 2017
The Republic of Cyprus expects to welcome its first new land-based casino in October, while another operator joins the ranks of the Republic’s licensed online betting brigade. On Saturday, Cyprus Property News reported that the consortium of Hong Kong-listed Melco International Development, Florida’s Hard Rock International and local firm Cyprus...
- Cyprus doles out more online sports betting licenses
March 20, 2017
Gaming regulators in the Republic of Cyprus continue their slow rollout of online sports betting licenses nearly six months after imposing their new online regulatory scheme last November. On Monday, the National Betting Authority (NBA) confirmed the issuance of two new official online betting licenses to Paddy Power Betfair’s Betfair...
Cyprus doles out more online sports betting licenses
March 20, 2017
Turkish police bust major international online betting ring
September 14, 2016
Melco-Hard Rock to open Cyprus gaming venues this summer
April 24, 2017
Betfair latest to exit Poland
March 28, 2017