Melco International Development Limited (“Melco”
or the “Group”) (HKEx Code:200), a world leader in the leisure and
entertainment sector and Hard Rock International, owner of the
internationally recognized Hard Rock Hotels, Casinos and Cafe
brands, were advised by the Government of the Republic of Cyprus
that their joint proposal has been admitted to the next phase of
the casino tender process as a member of a multinational
consortium.
Melco and Hard Rock International welcome the
decision of the Cyprus Government and look forward to continue
exploring the emerging gaming jurisdiction. Capitalizing on Melco’s
unique experience in creating the most spectacular integrated
resorts in Asia, as well as Hard Rock’s proven track record of
delivering differentiated hospitality driven experiences across the
globe, both companies look forward to collaborating with the Cyprus
Government for what it considers to be in the best interests of
Cyprus.
The multinational consortium also consists of
Cyprus Phasouri (Zakaki) Limited (“CPZL”), 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.
About Melco International Development
LimitedFounded in 1910 and listed on the Hong Kong Stock
Exchange (HKEx) since 1927, Melco International Development Limited
(“Melco” or the “Company”) is a company with a long history and a
promising future. Today, under the leadership of Chairman and Chief
Executive Officer, Mr. Lawrence Ho, Melco is a world leader in the
leisure and entertainment sector with operations in China,
Philippines, Cambodia, and Russia. Via its gaming arms, Melco Crown
Entertainment, Melco Crown Philippines, and Summit Ascent, the
Company owns and operates properties under the “City of Dreams”,
“Studio City”, “Altira”, and “Tigre de Cristal” brands, which
include over 4,500 hotel rooms and employ over 20,000 team members
while generating US$4.8 billion in revenues (FY2014). Melco’s
properties also garnered eight (8) Forbes 5-Star awards (2016) and
five (5) Michelin stars (2015) with its world-class amenities and
restaurants. As a pioneering innovator that sets new standards in
both gaming and non-gaming offerings, Melco has established strong
and effective partnerships with global entertainment brands and top
creative minds including Franco Dragone’s “The House of Dancing
Water”, the world’s largest water-based extravaganza hosted at City
of Dreams in Macau. Well recognized as a supporter of local
governments in tourism and economic diversification, Melco has been
honored with the “ICON on Corporate Governance” by Corporate
Governance Asia magazine for the tenth year in 2015. For more
information about Melco, please visit www.melco-group.com.
About Hard Rock
InternationalWith venues in 68 countries, including 162
cafes, 23 hotels and 11 casinos, Hard Rock International (HRI) is
one of the most globally recognized companies. Beginning with an
Eric Clapton guitar, Hard Rock owns the world's greatest collection
of music memorabilia, which is displayed at its locations around
the globe. Hard Rock is also known for its collectible fashion and
music-related merchandise, Hard Rock Live performance venues and an
award-winning website. HRI owns the global trademark for all Hard
Rock brands. The company owns, operates and franchises Cafes in
iconic cities including London, New York, San Francisco, Sydney and
Dubai. HRI also owns, licenses and/or manages hotel/casino
properties worldwide. Destinations include the company’s two most
successful Hotel and Casino properties in Tampa and Hollywood, Fl.,
both owned and operated by HRI parent company The Seminole Tribe of
Florida, as well as other exciting locations including Bali,
Chicago, Cancun, Ibiza, Las Vegas, Macau and San Diego. Upcoming
new Hard Rock Cafe locations include San Juan, Reykjavik and Gran
Canaria, Spain. New Hard Rock Hotel projects include Atlanta,
Berlin, Daytona Beach, Dubai, Los Cabos, Tenerife, Abu Dhabi, and
Shenzhen and Haikou in China. For more information on Hard Rock
International, visit www.hardrock.com.
Project Enquiries:
Andy
ChoyChief Gaming OfficerMelco International Development
Limited Email: andychoy@melco-group.com |
|
Nelson
Parker Senior Vice President, Hotel & Casino DevelopmentHard
Rock InternationalEmail: nelson_parker@hardrock.com |
|
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Media Enquiries:
Maggie
MaSenior Vice President, Corporate Communicationsand Public
RelationsMelco International Development Limited Email:
maggiema@melco-group.com |
|
Alycia Rea PR
Group Director, Account SupervisorHard Rock Hotels & CasinosThe
Zimmerman AgencyEmail: hardrock-pr@zimmerman.com |
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