MelcoLot Finishes Cooperation with Veremonte for Barcelona Casino Resort
MelcoLot Ltd., part of Hong Kong-listed playing user Melco Overseas Development Ltd., revealed so it had decided to terminate its contract with local partner Veremonte España SL that it is still interested in developing a casino resort in Barcelona, in spite of the fact.
The 2 organizations expose that the relationship was finished while they would never discover factor for additional collaboration. They said in a tuesday report that a see for all the detachment of the jv from the delicate processes to get a casino resort in Barcelona was actually provided for the Catalan government week that is last. And the collaboration is expected to be wound up in the near future. No further information was actually given.
An expensive entertainment complex, which is to be located in Barcelona in August 2014, MelcoLot confirmed that it had submitted its bid to run a casino in the so-called BCN World. Back then the betting agent mentioned that it would assist Veremonte on the casino task. The two firms set up a venture that is joint with each of all of them keeping a 50% share in it. The stated venture that is joint approved to stage a couple of the launched tender process.
MelcoLot stated on Friday that it’s however thinking about operating a casino in BCN industry, inspite of the firing from the contract. The company is considering on the possiblity to utilize different bidders that are pre-qualified potential future. Continue reading