Melco goes solo on Spain casino license bid

Casino operator Melco International will carry on with its solo bid for a license to run a casino in Spain.

In August 2014, Melco International has two bids to build and run one of the six casino of the $6b BCN World resort in Catalan. One was an individual bid through its subsidiary Melco Property Development and another via its other subsidiary Melcolot in a joint venture with Veremonte Group.

Aside from partnership with Melco, Veremonte had two other bids in partnership with Hard Rock International and another one with Caesars Entertainment.

Catalan Government, on August 2014, announced the four pre-selected companies that had successfully passed through the first phase of the tender, which includes Catalonia-based Grup Peralada and Veremonte’s partnership with Melco and Hard Rock.