Ho’s decision to separate from Packer came after China charged Crown Resorts with the illegal promotion of gambling on the mainland. At the time, Ho said Crown’s actions were the equivalent of “deliberating spitting” in the face of Chinese law.<\/p>\n<\/div>\n
Ho, one of 17 children of the late Stanley Ho, the “King of Gambling” who controlled a monopoly on casino gaming in Macau for decades until the region was handed back to China around the turn of the 21st Century, recognized the importance of staying in China’s good graces. Since disassociating from Crown, Melco has significantly expanded its footprint in Macau with the openings of Morpheus, a non-gaming resort on the Cotai Strip, and the more recent opening of the indoor and outdoor water park at Studio City. Melco is also readying to open the W Macau at Studio City in September.<\/p>\n
Outside of Macau, Melco is heavily invested in Manila’s Entertainment City where the firm owns and operates City of Dreams Manila. City of Dreams Cyprus marks Melco’s third CoD-branded integrated resort property.<\/p>\n
Melco Resorts continues to expand its reach, with its next chapter in the Mediterranean. Ho is betting big on drawing gamblers, leisure guests and families, and business travelers to the island nation.<\/p>\n
\nWe’re excited to open City of Dreams Mediterranean and showcase our expertise with the first integrated resort of its kind in the region,” Ho told investors last week during the firm’s earnings call.<\/p>\n<\/blockquote>\n
With more than 86,000 square feet of indoor and outdoor event space, Melco officials say City of Dreams Mediterranean will be a most fitting destination for a variety of events, including weddings, concerts, and large-scale conferences. Indoor facilities include a Grand Ballroom with accommodation for over 1,000 guests, a configurable space called the Forum, and an outdoor Roman-style Amphitheatre with capacity for up to 300 guests.<\/p>\n","protected":false},"excerpt":{"rendered":"
Melco Resorts plans to open City of Dreams Mediterranean on July 10, 2023. The integrated casino resort is located on the island country of Cyprus.<\/p>\n","protected":false},"author":25,"featured_media":273404,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,62],"tags":[84000,82243,82454,86319,51,86318,82419,85702],"acf":[],"yoast_head":"\n
Melco Resorts Announces City of Dreams Mediterranean Opening<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n