Craig Ballantyne, the former CEO of Tigre De Cristal, has been appointed as the new property president of City of Dreams Mediterranean and Casinos, the integrated resort set to open in Cyprus in 2021.
According to a report from Cyprus Mail, Ballantyne will act to ensure operations are conducted in compliance with Cyprus legislation and regulations.
He will also be tasked with overseeing the resorts’ management and employees, across all spheres of operations, and for the opening of the temporary and four satellite casinos.
“I am honored that Melco has entrusted me with this challenging project,” said Ballantyne.
Melco was granted the license to develop a casino resort in June 2017. The license allows the operator to operate and maintain an integrated casino resort in Limassol, and up to four satellite casino premises in the country for a term of 30 years.
“Melco International is very pleased that its vision for the creation of the first casino resort in the Republic of Cyprus corresponds to the government’s aspirations for a world class development that is unique to Europe, a landmark for Cyprus but also the wider region.
“The company is confident that its solid track record and unique experience in creating the most spectacular integrated resorts in Asia can meaningfully contribute to the economy and tourism of Cyprus,” said the company in a press release at the time.
Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.
ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264