MelcoLot Stops Relationship with Veremonte for Barcelona Casino Resort
MelcoLot Ltd., part of Hong Kong-listed playing agent Melco Overseas developing 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 companies expose that the relationship have been ended while they could not get a hold of basis for further venture. They said inside a Friday declaration that a find for all the detachment regarding the m&a through the tender processes to get a casino vacation resort in Barcelona is sent to the Catalan authorities week that is last. In addition to collaboration is expected getting finished up any time in the future. 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 playing driver mentioned that it could make use of Veremonte on the casino venture. The two enterprises install a venture that is joint with all of all of them keeping a 50% express with it. The stated venture that is joint approved to phase two of the revealed tender process.
MelcoLot mentioned on monday that it is nevertheless enthusiastic about operating a casino in BCN globe, despite the firing for the arrangement. The firm is contemplating regarding the possiblity to use additional pre-qualified bidders in upcoming. (more…)
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