8 Casinos Fighting for One Cypriot Casino Resort License

online pokiesFollowing a May vote on The Cypriot Casino bill to legalise a casino resort on the southern part of the island where casinos previously have been outlawed there has been an official bid on the first and only casino resort license.

Eight companies have formally shown interest in bidding for the one casino license up for grabs with the Cypriot Gaming Commission. Last friday was the deadline for submission of the expression of interest in the casino license. The Cypriot Commerce, Industry, Energy and Tourism Ministry issued a statement confirming that eight individual gambling companies were interested in the license and that three would be short listed.

The bidders include a French business consortium with Bouygues Batiment International, Accord Hotels and casino operator Barriere, Hard Rock International from USA, Cambodia’s NagaCorp, Bloomberry Resorts, Phillippines and finally a Russian Conglomerate. The firms paid €10,000 each for the bid to obtain this single license.

The Cypriot government will follow up these applications by requesting details proposals on the respective bidders projects. The license will be awarded in 2016. After the license is awarded to the interested party, the party will have 24 months in which they must turn their project into a reality. The chosen party will also be given the opportunity to build a temporary casino within a year in order to start earning on their investment whist building a permanent project. The casino will be built on a privately owned site and should have 1,000 gaming machines and 100 tables. Additionally, the plans will allow for a 5 star hotel or hotels with a capacity of at least 500 rooms to cater to tourists to the casino.

The bill will allow the chosen operator the decision around where to build the casino. Additionally, the operator will be required to pay an annual licensing fee of €2.5 million for the first four years. This fee will rise to €5.0 million annually for the following four years. Moreover, the chosen operator will also pay 15% tax on gross income. This deal will still be extremely positive for the operator in terms of profitability.

The bill also has rules around the protection of minors and vulnerable groups of the population. Additionally, there will be provisions for gambling addiction in the region. Minister Costa suggests that they will be creating a fund within the state to tackle problems that could emerge as a result of the resort.

This is a boost for Cypriot casino tourism and should boost revenues in the Cypriot economy.Last month, the Cyprus Tourism Organization said the casino is expected to draw 500,000 tourists per annum. These tourists are likely to be made up of UK, Russian, Greek, Swedish and German tourists. Additionally, given Chinese tourists propensity for Gambling the Cypriot government will also make it easier for Chinese tourists to travel to the island. The aim is to attract a further 400,000 Chinese tourists to the island per annum.

by Onlinepokiesoz.com

The Top Facebook Games of 2010

Facebook games

Facebook games have revealed lots of popularity during the previous year. You might be wondering which games are the greatest and most enjoyable to play, as Facebook adds more games to its enormous amusement menu. This article will give different game reviews for every one of the twenty five top Facebook matches for 2010.

We’ll begin by taking a glance at the number one game on Facebook to start the Facebook Game reviews. FarmVille that is created by Zynga steady up speed. a now has about 73,800,000 monthly users and is growing at FarmVille is a game in which you’ll be able to eventually be a farmer. FarmVille allows you become neighbors with them and even to socialize with your buddies. Essentially you’ll do everything while playing FarmVille a farmer does. Putting, growing, reaping and plowing a successful farm. Just make sure when playing with this game that you pick your plants punctually. Different plants have various times for harvesting and the plants will perish in the event you do not pick in time. By taking good care of your farm you go up in level and will get more points.

Birthday Cards holds the position of second most popular game of 2010. RockYou makes birthday Cards and has about 32,000,000 users per month. When utilizing the Birthday Cards game you’ll be able to customize and send free cards, utilize a birthday calendar, have a private birthday list and private reminders. The game also lets you too begin your own birthday zoo. This really is popular for people who wish to remember their friend’s birthdays and send cards on Facebook.

The third most popular game on Facebook is Cafe World that’s created by Zynga. Cafe World has about 31,000,000 active users per month. Cafe world is an enjoyable game to play in the event you ever imagined owning your own restaurant. When playing this game you’ll be able to cook, bake saute and make anything you need when playing with Cafe World. When playing Cafe World you’re the restaurant owner and the cook so you would need to hire servers. You’ll be able to choose one of your Facebook friends when hiring a server on Cafe World. Be sure to at all times have a lot of food prepared for your visitors.