Categories: Gambling News

Melco Cyprus Introduces Groundbreaking Scholarship Scheme to Empower Local Talent

Melco Resorts and Entertainment’s subsidiary in Cyprus has recently entered into agreements with local universities, marking a significant step towards providing educational opportunities for employees of Cyprus Casinos.

As an operator of Melco Cyprus, the company currently employs approximately 700 staff members across its four satellite casinos and temporary casino in Limassol. With the highly anticipated EUR 550 million development, City of Dreams Mediterranean, set to open its doors in late 2022, an additional 2,500 staff are expected to join the organization.

To support the professional development of its workforce, Melco has collaboratively established scholarship programs and reduced course rates with several esteemed local institutions. Over the course of the next three years, these initiatives will enable employees to pursue studies in up to 35 different fields. Among the diverse educational opportunities are courses in business administration, international tourism, hospitality and event management, accounting, finance, business intelligence, data analytics, human resources, and security management.

By offering these scholarships and reduced rates, Melco Cyprus aims to empower its employees with the necessary knowledge and skills to excel in their respective roles within the company. This commitment to education and professional growth reflects Melco’s dedication to fostering a highly skilled and motivated workforce, ensuring the continued success of their operations in Cyprus.

With the company’s ongoing expansion plans and dedication to employee development, Melco Resorts and Entertainment is poised to make a positive impact on the local workforce and the broader community in Cyprus.

Limassol, Cyprus – In a bid to foster educational growth and empower the local community, Melco Cyprus has unveiled an innovative scholarship scheme aimed at supporting aspiring students in Cyprus. The leading integrated resort operator announced the launch of the “Melco Scholars” program, which aims to provide financial assistance and career development opportunities to young talents across the nation.

The “Melco Scholars” initiative will offer scholarships to outstanding students pursuing higher education in fields relevant to the company’s diverse business operations. Ranging from hospitality management, tourism, and culinary arts to marketing, finance, and engineering, the program aims to nurture a skilled workforce tailored to the evolving needs of Cyprus’ dynamic industries.

Melco Cyprus is renowned for its flagship properties like City of Dreams Mediterranean

Which have significantly contributed to Cyprus’ thriving tourism and entertainment landscape. The launch of the scholarship scheme reflects the company’s commitment to supporting the communities in which it operates and cultivating homegrown talent for sustainable growth.

Lawrence Ho, Chairman and CEO of Melco International Development, expressed his enthusiasm for the program’s potential impact on the nation’s educational landscape. “We firmly believe that investing in the future generation is the key to a prosperous and thriving society,” Ho stated. “The ‘Melco Scholars’ initiative aligns perfectly with our core values of giving back to the communities we serve.”

Through this program, Melco Cyprus seeks to not only provide financial aid but also offer mentorship and internship opportunities within its integrated resort properties. Scholars will gain firsthand experience in the hospitality and entertainment sectors, paving the way for a seamless transition into the workforce after graduation.

The application process for the “Melco Scholars” program will commence later this year, with a rigorous selection process designed to identify the most promising and dedicated individuals. The scholarship recipients will be announced at a special ceremony attended by government officials, educators, and Melco Cyprus representatives.

The “Melco Scholars” program marks an exciting milestone in Melco Cyprus’ ongoing commitment to corporate social responsibility and education excellence. By empowering young talents, the company aims to shape a brighter future for Cyprus while establishing a legacy of impactful community initiatives.

About Melco Cyprus: Melco Cyprus is a subsidiary of Melco International Development Limited, a leading global integrated resort operator. Melco Cyprus operates City of Dreams Mediterranean, the first integrated resort in Cyprus, offering world-class entertainment, hospitality, gaming, and retail experiences.

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