Search

1. Limassol Blu Marine: In the Heart of It All with Exciting New Developments

Limassol Blu Marine, a flagship development by the Leptos Group, exemplifies luxury living in the vibrant heart of Limassol. Nestled in the city centre, Limassol Blu Marine offers unparalleled access to the best the city has to offer, from world-class dining to premier shopping and cultural landmarks....

2. Damiani celebrates 100 years with first Cyprus boutique

The opening of the first Damiani Boutique in Cyprus!...

3. Ellinikon, Europe's largest smart city, begins its transformation

4. Melco's European expansion hit by tax cuts in occupied Cyprus casinos

Melco Resorts & Entertainment's grand venture, the City of Dreams Mediterranean, faces a dramatic twist in its European odyssey as northern Cyprus casinos brace for a tax overhaul. ...

5. State collects €90 million in taxes from casinos

The state has seen a boost in tax revenue since the summer of 2018 when the temporary casino debuted in Limassol. The trend continues with the current operation of the resort and satellite locations in the provinces....

6. Controversial 'Las Vegas on the Mediterranean' plan for Varosha unveiled

A proposal to transform Varosha into a ''Las Vegas on the Mediterranean'' has surfaced, reportedly backed by a consortium of global billionaire businessmen, as revealed by the British newspaper Daily Express....

7. Mega investments and unanswered questions

In the realm of business expansions and openings, an intriguing anomaly surfaces—the apparent lack of foresight. Take, for instance, multi-million investments requiring a substantial workforce. ...

8. City of Dreams Mediterranean faces bumpy start with 181 job losses

In a stark indicator of the challenges facing the Limassol casino-resort, the recent dismissal of 181 employees reveals significant issues four months after its grand opening. ...

9. Iconic mountain resort set to regain its former glory

The extensive restoration project of the historic Berengaria Hotel is currently underway, with plans for the iconic hotel to reopen its doors in 2026....

10. Fontainebleau's $3.7 billion Vegas resort finally opens

After an arduous 23-year journey, real estate magnate Jeffrey Soffer is finally realizing his dream. On December 13, the Florida-based developer will unveil his latest masterpiece in Las Vegas—a stunning $3.7 billion resort boasting seven exquisite pools, an impressive array of 36 restaurants and bars, and an exclusive rooftop club that offers breathtaking skyline vistas....

11. Las Vegas preps for first-ever Formula One race

Las Vegas is gearing up for its first-ever Formula One race on November 18 by building a temporary street track. In the lead-up months, as popular attractions are blocked by construction and scaffolding, some tourists regret the timing of their visits to the city....

12. City of Dreams Mediterranean partners with Cablenet

13. Melco Announces Unaudited Second Quarter 2023 Earnings

Melco Resorts & Entertainment Limited (Nasdaq: MLCO), operator of City of Dreams Mediterranean and Cyprus Casinos (“C2”), reported its unaudited financial results for the quarter ended 30 June 2023....

14. Journalists brave sweltering heatwave across Europe

Millions of people in several parts of the world have been experiencing intense heat. ...

15. Europe's first multi-themed resort opens in Limassol

The inauguration of the City of Dreams Mediterranean in Limassol on Monday marks a significant milestone for tourism in Cyprus, introducing the continent's first multi-theme resort....

16. Cyprus bets on all-year-round conference tourism

Cypriot tourism deputy minister Kostas Koumis says Nicosia is keeping an eye on competitors as travelers have many choices for summer destinations, adding the opening soon casino resort in Limassol could make a difference by bringing large conferences to the island throughout the year...

17. Cyprus’ City of Dreams keeps union stewards at bay

Cyprus’ City of Dreams, Europe’s largest integrated casino resort, is moving ahead with plans this year to welcome guests with open arms, but union officials are not among them...

18. Say goodbye to an iconic symbol of Sin City

When you walk the Las Vegas Strip you see women wearing showgirl outfits taking pictures with tourists. They work alongside Spider-Men, Batmen, and shirtless police officers and firefighters....

19. Investigation into understaffing in the tourism industry is imminent

The start of the summer travel season is anticipated to occur around the end of March or the beginning of April, along with the reopening of hotel facilities that were closed during the winter....

20. Casino dash before new Cabinet raises eyebrows

A House committee in the Republic of Cyprus is blocking three appointments on a casino commission until after the new Cabinet takes shape on March 1, with members raising conflict of interest concerns and the outgoing government insisting it should be allowed to fill the vacant positions now...

21. Grant Johnson: City of Dreams Mediterranean will be the game changer for Cyprus’ hospitality industry

The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...

22. Petrides: 'The casino will attract hundreds of thousands of tourists'

The government is handing over a modern, more dynamic tourism product that has the capacity to further develop, said on Tuesday Finance Minister Constantinos Petrides in addressing the 44th Cyprus Hotel Summit and Exhibition organized by the Hoteliers’ Association....

23. Bodies found in Lake Mead renew interest in Vegas mob lore

Las Vegas is being flooded with lore about organized crime after a second set of human remains emerged within a week from the depths of a drought-stricken Colorado River reservoir just a 30-minute drive from the notoriously mob-founded Strip....

24. Major projects underway in Larnaca, Nicosia

The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....

25. Melco Cyprus to triple staff ahead of flagship casino

The operator of City of Dreams Mediterranean hopes to triple its staff before launching next year in Cyprus, while a recent video shows progress on the construction of the unique casino resort sitting in the middle of three continents...

26. Vaccinations 'main economic tool' in managing Covid crisis

Vaccinations have turned into the main economic tool for the management of the coronavirus crisis and the prospects for recovery, Minister of Finance Constantinos Petrides said, stating that he foresees a strong recovery in 2021 ranging from 3.5% to 4.5% of GDP, depending on the development of the pandemic....

27. Attorney General calls Auditor ‘to order’

Cypriot Attorney General George Savvides issued a stern warning on Saturday, calling to order the state’s auditor general over his insistence on examining specific golden passport case files linked to a casino project on the island...

28. EY Attractiveness Survey Cyprus 2020

EY Attractiveness Survey Cyprus 2020: Investors are optimistic about the country’s attractiveness over the coming years, but state that there is room for improvement...

29. Attorney general weighs in on casino probe

The identity of foreign companies suspected of embezzlement of EU funds pumped into a casino project in Cyprus remains unknown, with the island’s legal department clarifying there is no evidence of local companies being involved in illegal activity...

30. Sports betting industry crushed by coronavirus

OPAP, Europe’s fourth-biggest betting business, has had almost all its revenue wiped out following the coronavirus pandemic lockdown measures in Greece and Cyprus, after casino operations in the Republic came to a grinding halt...