Tag Archives: Melcolot Ltd

Melco drops Tbilisi casino project

SBC News Melco drops Tbilisi casino project

Asian gambling investment firm MelcoLot Ltd has ended its Tbilisi (Georgia) casino project plans. Issuing a short statement leisure operator Melco International Developments (owner of MelcoLot), declared that it had failed to reach terms with land developers Dhabi Group Georgia.   “Although every effort has been made to negotiate on the casino lease terms, the parties are unable to reach …

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Melcolot enters advanced negotiations for Tbilisi casino project

SBC News Melcolot enters advanced negotiations for Tbilisi casino project

Asian gambling investment firm Melcolot Ltd has announced that it is in advanced stages to proceed with its Georgia casino project. The firm had outlined to November 2014 that it coveted opening a casino in Tbilisi, and that management had started to discuss terms with local officials. The news of the advanced staged discussions with the Georgian government have been …

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