MelcoLot Ends Cooperation with Veremonte for Barcelona Casino Vacation Resort

MelcoLot Ends Cooperation with Veremonte for Barcelona Casino Vacation Resort

MelcoLot Ltd., part of Hong Kong-listed playing operator Melco Foreign 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 providers unveiled that the relationship was in fact concluded because they would never find basis for further cooperation. They mentioned in a Friday report that a notice when it comes down to withdrawal of this partnership from the delicate process to get a casino vacation resort in Barcelona was sent to the Catalan government a week ago. While the relationship is anticipated to get ended up in the near future. No more information was offered.

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 operator asserted that it could utilize Veremonte on the casino job. The two providers setup a jv, with each of all of them keeping a 50% display with it. The said joint venture got approved to stage a couple of the launched sensitive process.

MelcoLot mentioned on Friday that it is however thinking about running a casino in BCN globe, inspite of the termination of this arrangement. The organization can also be contemplating throughout the possiblity to deal with other pre-qualified bidders in future. Saiba Mais