MelcoLot Stops Relationship with Veremonte for Barcelona Casino Resort
MelcoLot Ltd., part of Hong Kong-listed gaming agent Melco Global Development Ltd., launched 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 two enterprises revealed that the cooperation was in fact finished while they could not come across foundation for further cooperation. They stated wearing a saturday statement that a find for any detachment on the joint venture through the delicate techniques to get a casino resort in Barcelona had been provided for the Catalan government a week ago. Together with relationship is expected is finished up anytime soon. No more information is provided.
In August 2014, MelcoLot confirmed that it got presented their bid to perform a gambling establishment in the so-called BCN World, a pricey activity specialized, and that is to be positioned in Barcelona. Back then the gambling agent said that it can make use of Veremonte on the casino venture. The two companies establish a venture that is joint with each of them keeping a 50% show in it. The stated joint venture ended up being approved to stage a couple of the announced tender procedure.
MelcoLot mentioned on that it is still interested in operating a casino in BCN World, despite the termination of the agreement friday. The company can also be considering on the possibility to work with additional pre-qualified bidders in future. read more