Undersecretary to the president Constantinos Petrides said the selection would be done using specific criteria related to the candidates’ experience and capability to operate such a resort as well as their development plan for Cyprus.
“We hope this large development project will soon become reality,” Petrides tweeted.
The law provides for one casino resort and four satellites. Three would only host gambling machines, while the fourth would also include table games.
Source: Cyprus Mail
Related Articles
See all articles
Related Insights
See all insightsInsight | 27 January 2025 |
Georg Bühler, ,
Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
Read Georg Bühler's Insight
