City of Dreams Mediterranean grand opening could potentially be delayed

On the island nation of Cyprus and the opening date for the €550 million ($581 million) City of Dreams Mediterranean development from Melco Resorts and Pertunjukan Limited could reportedly soon be pushed back by up to six months.

According to a report from Inside Asian Gaming, the Hong Kong-headquartered operator explained early last year that it was hoping to kiprah the coming 500-room venue in the Limassol suburb of Tserkezoi before the end of September. But the firm has now purportedly disclosed that it may be forced to terlambat this premiere owing to shortages in labor and construction supplies.

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Melco Resorts and Pertunjukan Limited, which is a subsidiary of Asian hospitality giant Melco International Development Limited, reportedly already runs five Cyprus Kasino-branded gambling facilities on the island of about 1.2 million people and broke ground on the five-star City of Dreams Mediterranean properti in Juni of 2018. The company had purportedly at first hoped that this impressive facility with its 80,720 sq ft kasino would be ready to open from the end of last year although this timeline was later ruined due to the emergence of the coronavirus pandemi.

December kiprah:

Lawrence Ho Yau Lung serves as the Chairman for Melco Resorts and Pertunjukan Limited and he reportedly disclosed the potential City of Dreams Mediterranean terlambat at the same time as announcing the operator's first-quarter financial results. The billionaire businessman purportedly declared that construction continues despite numerous suplai problems with his firm now sasaraning a grand opening ‘by year-end.'

Reportedly read a pernyataan from Ho…

"However, we are encountering difficulties with our contractor who has struggled with rapat its labor resourcing plans and bermaintaining progress, which has led to delays. We are actively dealing with these difficulties as we remain fully committed towards delivering Europe's first integrated resor in Cyprus. We continue our usahas to complete construction by the deadline set in the land concession of December 27, 2022."