“City of Dreams Mediterrannean” is the name of the first casino in Cyprus, which will open in the western Limassol. The Integrated Casino Resort was officially presented after its final form was determined, by the new synthesis of the joint venture, which is meant to implement the project.
The project, a €500+ million investment, is expected to open in 2021. By the summer of 2018 a temporary casino is expected to operate in Limassol, along with 4 more satellite casinos, 1 in each district, Nicosia, Paphos, Larnaca and Famagusta.“City of Dreams Mediterrannean” will be the largest casino-resort in Europe. The development will include commercial areas, a conference center and event venues. Also, the casino will have a multipurpose hall and an exhibition hall.
The resort is expected to attract 300.000 new visitors every year, creating thousands of vacancies, both during its construction and its operation. The state economy is expected to benefit with €700+ million, already from the second year of its operation.