World-famous Casino “Company Melco Crown” Entertainment Enters Georgia
 
News ArchiveMarch 16, 2015

A world-renowned casino brand Melko Crown Entertainment will be opened in the building of a 7 –star Millennium Bilmore hotel.

 

Deputy Economy Minister said in an interview with  the "fDI Intelligence”  magazine at the  International Real Estate Fair  in Cannes.

 

According to Keti Bochorishvili,  the processes in the neighboring countries generally affect Georgia, but in spite of this, many large investment companies  still want  to invest in Georgia.

 

Deputy Minister  explains that this year the biggest world representative of gambling business"Melco" will come and invest in Georgia,  and notes that “Melco”  is successfully operating in both Macau and Las Vegas.

Dhabi Group Executive Director told “Commersant” about the entry of the world’s most modern casino a month ago.

 

Melco Crown Entertainment Ltd. operates, owns, and develops casino gaming and entertainment resort facilities. It is focused exclusively on the Macau market. The company has been listed on the  NASDAQ stock market since December 2006.

 

The  opening of a 7-star presidential Millennium Biltmore hotel behind the so-called Imeli building is planned for January 2016. As reported, Millennium Biltmore is functioning only in the United States, California, and the second hotel will be opened in Tbilisi.

 

Dhabi Group intends to invest $ 140 million in Millennium Biltmore construction.


Source:commersant.ge