Chinese lottery company Melcolot is on the verge of receiving a casino license in Georgia—the country, not the state.
Georgia’s Deputy Economic Minister Ketevan Bochorishvili indicated that the Melco Crown subsidiary could receive its casino operator license in the next two months, making it the company’s first casino project in Eastern Europe.
It’s been reported that Melcolot’s casino project will be built alongside the $140 million Millennium Biltmore Hotel complex with an estimated opening date of January 2016 attributed to both establishments.
Melcolot’s interest in Georgia is well-documented, having previously partnered with Taiwanese gaming device maker Firich Enterprises Co to build a license under Express Wealth Enterprise, a “special purpose vehicle” (SPV) that holds a 15-year casino license in Tbilisi.