The City of Dreams Mediterranean, Melco Resorts’ newest integrated resort project, will launch on July 10, 2023, the company confirmed in a recent press release. The casino resort, located in Limassol in the Republic of Cyprus, features a wide range of offerings, including a hotel, a casino, entertainment and leisure facilities, conference areas, as well as a dining and shopping center.
Soft Launch on June 12
The City of Dreams Mediterranean is a landmark project for Melco and will become Europe’s first integrated resort. Company officials consider the US$600 million project a game-changing development in Cyprus’ tourism and hospitality sectors.
The property’s key offerings include a 500-room hotel, a 7,500-square-meter casino, and an 8,000-square-meter indoor and outdoor event area. It is also home to Cyprus’ largest expo center. Ahead of the property’s full launch, it will have a soft opening for special guests beginning June 12.
Strong Q1 Performance for Melco
City of Dreams Mediterranean is a great addition to Melco’s portfolio of casino resorts, most of which are in Asia. The company performed well during the first quarter of 2023, reporting total operating revenues of US$716.5 million, a year-over-year increase of 50.9%. A portion of those earnings came from the operation of its temporary and satellite casinos in Cyprus.