Cyprus Archives - FortuneZ

Melco To Launch New Casino Dealer School In Cyprus

June 4, 2021

The Cyprus subsidiary of Melco Resorts & Entertainment has unveiled plans to launch a new casino dealer school during the upcoming European summer as it prepares for the opening of City of Dreams Mediterr...

Opening of Melco’s City of Dreams Mediterranean Delayed Until 2022

February 16, 2021

The opening date of Melco Resorts’ €550 million Cyprus integrated resort development, City of Dreams Mediterranean, has been postponed for almost a year as a result of construction delays from the COVID-19 pa...

Melco Subsidiary Suspends Operations At All Four Cyprus Casinos Amid Increased COVID Restrictions

December 17, 2020

Cyprus Casinos, the Cyprus-based subsidiary of Melco Resorts & Entertainment, says it has suspended operations at all of its casinos as cases of COVID-19 continue to rise. In a notice published on the co...

Cyprus Parliament Begins Discussions On Sports Betting Law Amendment

June 30, 2020

Cyprus parliament begins discussions on sports betting law amendment. One of the proposed modifications to the sports betting legislation requires the use of a percentage of all tax revenue obtained from bett...

Melco Reopens Four Cyprus Casinos

June 16, 2020

Melco reopens four Cyprus Casinos. Melco Resorts reopened four of its Cyprus casinos on 13 June following a three-month closure due to COVID-19. Casinos in Limassol, Nicosia and Paphos reopened at 7 a.m. whi...

Former ADSS CEO Philippe Ghanem Becomes Executive Chairman at SquaredFinancial

April 11, 2020

Philippe Ghanem, known as an innovator and visionary in global financial markets, has become Chairman at SquaredFinancial, according to market sources. Ghanem co-founded the SquaredFinancial Group in 2005, b...

CySEC Outsourcing Circular Risks Many CIFs Renouncing Licenses

February 6, 2017

The Cyprus Securities and Exchange Commission (CySEC) is taking another step in its efforts to make the financial services providers under its supervision more strictly adhere to its guidance. The watchdog ha...

FxPro Hires Evelina Laurinaityte as Vinson Financials Disposes CySEC License

June 9, 2016

FxPro, an online multi-asset broker with regulated operations across Europe in the UK and Cyprus, has hired Evelina Laurinaityte as Institutional Operations Officer of FxPro Group, according to information up...