Just days after agreeing to build Europe’s largest casino in Cyprus with Melco International and a local partner, Hard Rock has sold its stake in the country to Melco.
No price was given for the 35.37 per cent stake that Melco acquired. The sale is subject to the approval of the Cyprus government.
Along with the large destination casino, the licence also came with the right to build four smaller satellite casinos.
Source: Fantini’s Gaming Report