MelcoLot Finishes Cooperation with Veremonte for Barcelona Casino Resort

MelcoLot Ltd., subsidiary of Hong Kong-listed playing driver Melco Overseas Development Ltd., launched it still is interested in developing a casino resort in Barcelona, in spite of the fact that it got decided to end the contract with neighborhood lover Veremonte España SL.

The 2 enterprises revealed that the relationship was indeed finished because they could not discover foundation for further cooperation. They said in a tuesday statement that a find for any detachment associated with the partnership from the delicate procedure to get a casino hotel in Barcelona was actually provided for the Catalan national week that is last. Together with cooperation is anticipated getting finished up any time soon. No further information is 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 gaming driver asserted that it would use Veremonte on the casino job. The two providers set-up a venture that is joint with all of them holding a 50% share on it. The said venture that is joint accepted to phase two of the revealed sensitive process.

MelcoLot said on that it is still interested in operating a casino in BCN World, despite the termination of the agreement friday. The firm normally contemplating on the possibility to utilize additional bidders that are pre-qualified upcoming.