AI Summary
Sign in to listen

Melco explores tourism investment opportunities in Kazakhstan

Melco and Kazakhstan discuss potential cooperation to develop tourism infrastructure in Alatau City project.

1 min read
lawrence
Key Points
Kazakhstan Prime Minister Olzhas Bektenov met with Melco Resorts & Entertainment Chairman and CEO Lawrence Ho
The discussions focused on potential tourism and hospitality investments in Alatau City
Both parties expressed interest in continuing cooperation on future development opportunities

Melco Resorts & Entertainment has taken another step toward expanding its international development footprint after senior executives met with Kazakhstan's government to discuss potential cooperation on the country's flagship Alatau City project.

Kazakhstan Prime Minister Olzhas Bektenov welcomed Melco Chairman and CEO Lawrence Ho for talks on opportunities to develop modern tourism infrastructure as part of the government's broader strategy to diversify the economy and attract foreign investment.

The meeting centered on the long-term development of Alatau City, a major urban and tourism project receiving strong backing from President Kassym-Jomart Tokayev. Officials discussed the possibility of Melco participating in future projects within the new city, particularly in areas related to hospitality, tourism and supporting infrastructure.

Bektenov emphasized that the government has made Alatau City a national priority and highlighted Kazakhstan's efforts to create a stable investment environment. Beginning July 1, 2026, a new Constitution for Alatau City and the Constitutional Law on the Special Legal Regime of Alatau City will take effect, introducing transparent investment mechanisms, stronger legal protections for investors and greater long-term stability for development projects.

Ho said Melco is interested in exploring joint projects in Kazakhstan and believes the country offers significant potential for tourism and hospitality growth. He noted that the company's international experience in developing integrated resorts and destination attractions could support Kazakhstan's ambitions to strengthen its tourism sector.

At the conclusion of the meeting, both sides reaffirmed their interest in maintaining dialogue and exploring future opportunities to cooperate on modern tourism infrastructure projects.

Good to know

Melco Resorts & Entertainment operates integrated resorts in Macau, the Philippines and Cyprus, with expertise spanning gaming, hospitality, tourism and MICE facilities

Reaction Board

Set Global Gaming Insider to be your preferred search result

News Analysis

View All
Belgium Sponsorships Analysis

Is Belgium learning the same lesson as the UK and Italy with betting sponsorship?

A total gambling sponsorship ban is due in 2028, but can regulators draft a truly ‘loophole-proof’ law? 

5 min read • • By Marieta Lezaic
Ethical-gaming-lead-image

Special report: The commercial perception and reality of ethical gambling today

In an in-depth report featuring multiple expert contributions, Global Gaming Insider unpicks the past, present and future of ethical gambling, examining what exactly it means to be a responsible actor in the modern gaming industry.

30 min read • • By Will Underwood
Tribal Analysis

Behind the numbers: Why did Tribal revenue rise in 2025, but profitability fall?

Tribal casinos delivered strong revenue growth in fiscal 2025, but inflation, higher operating costs and depreciation weighed on profitability.

4 min read • • By Marieta Lezaic

In The News

View All
Bally's Q2 and H1 2026
[SIGNIFICANT IMPORTANCE]

Bally’s Q2 revenue climbs 20.5% to $792.2m, H1 revenue totals $1.55bn

Casinos & resorts operations accounted for just over $401m of revenue during Q2 and increased 2%, while North America Interactive revenue grew 16.9% for a total of $66.1m.

· Legal & Regulatory + 6