Cyprus Mail

Job guarantees at casino resort are ‘misleading’

THE consortium that is to build and run the casino resort in Zakaki, on the outskirts of Limassol, rejected claims on Friday that job placement was guaranteed, as advertised by private higher education institutes.

According to the director of Cyprus Phassouri Zakaki Ltd, Theodoros Koutsioukis, the consortium is not connected in any way with these colleges and universities.

“Any mention of private colleges for guaranteed or immediate employment at the casino are false,” Koutsioukis told the Cyprus News Agency.

Private colleges and universities have recently increased their advertisements offering courses or degrees in casino studies. The schools offer various courses in casino management, or for those who wish to work as croupiers and cashiers, even for slot machine technicians. Some go as far as to advertise guaranteed employment.

Koutsioukis said that the consortium is to gradually announce its employment schemes for the interim casino, that will operate until the major resort is built, the satellite casinos and the casino-resort.

“This project will bring multiple benefits to Cyprus’ economy and without a doubt, the creation of jobs is one of them,” he said.

He added that the staff that will be employed at the casino for the gaming tables will have to be approved by the national gaming and casino supervision commission.

The consortium expects that around 4,000 people would be employed for the construction of the casino-resort, while after completion, around 2,400 people will be hired as permanent staff.

Koutsioukis said that the aim is to employ as many Cypriots as possible. The labour ministry, he said, has already requested from the consortium a list with all job skills by category, aiming to hire unemployed people through the subsidy programmes of the state’s Human Resources Development Authority (Anad).

The consortium – that comprises Melco International Development Ltd, Seminole HR Holdings LLC (Melco Hard Rock) and CNS Group (Cyprus Phassouri Zakaki Ltd) – signed last week a contract with the recently established national gaming and casino supervision commission. The contract allows for one integrated casino resort, set to be the largest of its kind in Europe, spanning 9,000 square metres, with 136 gaming tables, 1,200 gaming machines, a luxury hotel with 500 rooms with the capacity for expansion, a conference hall of 6,000 square metres that can accommodate audiences of 1,500, and a wellness centre covering 4,000 square metres. The investors are allowed to operate four satellite casinos across Cyprus and one temporary casino. The overall investment has been estimated at €500m.

The satellites and the temporary casino are expected to be operational in the first quarter of 2018, while the casino-resort, is to be completed by 2020.

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