Melco and Hard Rock said they looked forward to continuing to explore “the emerging gaming jurisdiction”.

The multinational consortium also consists of Cyprus Phasouri (Zakaki) Limited, a member of the CNS group which, amongst others, conducts different businesses including real estate, telecommunications, dairy, large scale farming and export and mining in Cyprus.

The government on Tuesday announced the names of the three short-listed bidders for the casino resort licence.

They were named as; Bloomberry Resorts Corporation, Melco– Hard Rock Resort Cyprus Consortium, and Naga Corp Ltd. The names had already been widely reported in the media.

Reportedly Hard Rock is looking at Limassol, Bloomberry at Paphos and Nagacorp at Larnaca.

The three will now be invited to participate in the second stage of the process – submitting complete proposals.

Source: Cyprus Mail