Press Statement

Press Statement

ID: 498954

(Thomson Reuters ONE) -


HONG KONG, Oct. 05, 2016 (GLOBE NEWSWIRE) -- The multinational consortium
consisting of the companies Melco International Development Limited ("Melco")
(HKEx Code:200), Seminole HR Holdings LLC ("Hard Rock") and Cyprus Phasouri
(Zakaki) Limited, a member of CNS Group, today submitted its detailed proposal
for the creation of an entertainment destination in the Republic of Cyprus to
the Ministry of Energy, Commerce, Industry and Tourism in response to the final
phase of the tender process of licensing a single integrated casino resort in
Cyprus launched by the government.

Capitalising 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, the
consortium looks forward to collaborating with the Cyprus Government to
establish a world class integrated casino resort that will be beneficial to the
economy and tourism of Cyprus.

About Melco International Development Limited
Founded 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 billion in revenues (FY2015). 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 International
With venues in 71 countries, including 168 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 Reykjavik, Shanghai, Yangon
and San Juan. New Hard Rock Hotel projects include Abu Dhabi, Atlanta, Berlin,
Dubai, Itapema, London, Los Cabos, New York City, Tenerife, and Shenzhen, Dalian
and Haikou in China. For more information on Hard Rock International,
visit www.hardrock.com.

About Cyprus Phasouri (Zakaki) Limited
Cyprus Phasouri (Zakaki) Limited ("CPZL"), is 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.

Project Enquiries:

Andy Choy Nelson Parker

Chief Gaming Officer Senior Vice President, Hotel & Casino
Development

Melco International Development Hard Rock International
Limited

Email: andychoy(at)melco-group.com  Email: nelson_parker(at)hardrock.com



Media Enquiries:

Maggie Ma Alycia Rea

Senior Vice President, Corporate PR Group Director, Account Supervisor
Communications

and Public Relations  Hard Rock Hotels & Casinos

Melco International Development The Zimmerman Agency
Limited

Email: maggiema(at)melco-group.com  Email: hardrock-pr(at)zimmerman.com
 



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Melco International Development Limited via GlobeNewswire




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Datum: 05.10.2016 - 13:22 Uhr
Sprache: Deutsch
News-ID 498954
Anzahl Zeichen: 5919

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