Search

1. 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....

2. 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....

3. T/C leader faces bribery scandal involving former Turkish VP

Reports and a leaked audio document are causing a stir in the Turkish Cypriot community, suggesting that Fuat Oktay, former Turkish vice-president handling the Cyprus file for Ankara, received a $50 million bribe from the late...

4. 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....

5. City of Dreams Mediterranean partners with Cablenet

6. Hotel bookings hit 95% in August, says PASYXE president

President of Cyprus Hotels Association (PASYXE) Thanos Michaelides has told CNA that the current tourist period is on a good track, however, the season must be over in order to assess the situation....

7. Tourism sets record revenue with fewer arrivals

The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....

8. 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....

9. Journalists brave sweltering heatwave across Europe

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

10. 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....

11. 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...

12. 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. ...

13. Masks no longer required, but with some exceptions

Minister of Health, Michael Hadjipandela, made statements following the Cabinet meeting today, followed by a further briefing by the communication officer of the Ministry of Health, Constantinos Athanasiou....

14. UNFICYP urges caution after buffer zone reports

A couple of incidents that took place in the buffer zone are making headlines in Cyprus, including allegations that Turkish soldiers violated the green line, with UN peacekeepers saying they were investigating but also urging caution before drawing conclusions...

15. 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....

16. €12.9 million in revenue collected from gambling sector in 2021

The betting sector in Cyprus has rebounded, reaching pre-COVID-19 levels in the fourth quarter of 2021, according to financial data released by the National Betting Authority (NBA) on Tuesday....

17. Cyprus scraps safe pass in supermarkets

Consumers in the Republic of Cyprus no longer have to use a Safe Pass to enter supermarkets and other shops selling necessity goods, after the health ministry adopted categories of high, medium, and low risk venues...

18. New Covid relaxations announced today (Updated)

The session of the Council of Ministers which began at 10 am this morning ended shortly after noon today followed by an announcement of new relaxations to the covid restrictions in Cyprus....

19. Safe Pass law lets door greeters inspect ID docs

Business establishments in the Republic of Cyprus are now inspecting Safe Pass documents presented at the entrance by customers, who are also required by emergency law to show proof of identity when the employee at the door doubts the veracity of a person’s identity...

20. Cyprus checks more items off relaxation list

Further easing of COVID restrictions went into effect Tuesday in the Republic of Cyprus, with daily cases remaining very low but a night curfew still remains in place until middle of next week...

21. Cyprus introduces safepass

Cyprus is introducing a so called 'safepass' as of Monday, 10 May until the end of the month. Citizens no longer need to send an sms for their movements and the curfew is extended from 11pm until 05:00 the next day...

22. Cyprus scrambles on eve of third lockdown

Cyprus' Health Minister Constantinos Ioannou has announced a two-week lockdown starting Monday, including a revision for Holy Saturday midnight mass after Archbishop Chrysostomos cried foul over rules that were 'unacceptable'...

23. Limassol cops shut down underground poker

Over a dozen people were fined by police in Limassol for violating health laws after being caught red handed engaging in an illegal poker game during night curfew...

24. SMS system returns as Cyprus enters three-week lockdown

Cyprus Health Minister Constantinos Ioannou announced the new restrictions agreed upon by the Cabinet on Friday, which include a clampdown on unnecessary movements, and social and professional gatherings....

25. Partial lockdowns on Limassol, Paphos, migrant camps

The health minister Constantinos Ioannou announced stricter measures late on Wednesday night, with restrictions to be even harsher in the Limassol and Paphos districts that have developed into the epicentres of the island’s recent pandemic flare-up....

26. 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...

27. Republic finds one new case as north re-imposes restrictions

A single new coronavirus case was detected in the Republic of Cyprus on Tuesday after 2,797 tests, but in the north authorities moved to reinstate several restriction measures after a renewed flare-up of the virus as a result of high numbers of cases imported from Turkey....

28. Greece to open seven border crossings with Balkan countries, Turkey

Greece will reopen seven of its 14 border crossings in the north on Wednesday, as part of the country’s further reopening to tourists from abroad....

29. Cyprus enters third phase of new normal

Swimming pools opened to the public on Friday in the Republic of Cyprus, marking the beginning of the third phase of a plan to ease restrictions imposed due to the coronavirus pandemic...

30. Government presses fast forward on relaxation of restrictions

The Cabinet on Wednesday gave the green light for the relaxation of certain restrictions faster than what was initially anticipated, given that Cyprus appears to have reacted well to the gradual lifting of lockdown measures so far....