MelcoLot Stops Partnership with Veremonte for Barcelona Casino Resort

MelcoLot Stops Partnership with Veremonte for Barcelona Casino Resort

MelcoLot Ltd., subsidiary of Hong Kong-listed gambling user Melco Global Development Ltd., revealed it still is enthusiastic about developing a casino vacation resort in Barcelona, in spite of the truth that it have made a decision to end the deal with neighborhood spouse Veremonte España SL.

The 2 enterprises unveiled that the collaboration had been finished as they could not look for factor for further collaboration. They said wearing a tuesday declaration that a find for the detachment for the m&a from the tender techniques with regard to casino vacation resort in Barcelona was sent to the Catalan federal government a week ago. And also the collaboration is expected is wound up any time soon. No information that is further provided.

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. In those days the betting operator asserted that it might utilize Veremonte on the casino project. The two companies arranged a jv, with each of them keeping a 50% share on it. The stated venture that is joint approved to phase a couple of the launched tender procedure.

MelcoLot stated on that it is still interested in operating a casino in BCN World, despite the termination of the agreement friday. The firm can be contemplating in the possiblity to use various other bidders that are pre-qualified future. „MelcoLot Stops Partnership with Veremonte for Barcelona Casino Resort“ weiterlesen