Greece is trying to "squeeze" the most out of the project "Ellinikon"

Greece is trying to "squeeze" the most out of the project "Ellinikon"

Greece "fills the price" for the project "Ellinikon" More and more foreign operators of gambling establishments are showing interest in the Ellinikon project. However, despite the excitement, the Greek authorities are in no hurry to open a tender.

The list of those wishing to participate in the development of casinos in the south of Athens has recently been replenished with two more companies - Clairvest Canada (operating in Canada) and Miura Holdings (operating in the United States). It is worth recalling that this list already includes China Melco Resorts & Entertainment, Las Vegas Sands, MGE (Mohegan Gaming & Entertainment), Hard Rock Entertainment and Caesars Entertainment.

According to some media reports, Miura Holdings, in addition to its intention to build an integrated resort, also plans to cooperate with Mohegan Sun, provided that this operator will participate in the auction.

According to experts, the Greek regulator is still preparing to create maximum competition and, accordingly, the most favorable prices for Ellinikon.

The area of the new integrated resort complex is 600,000 m2. The resort will have a casino with an area of 15,000 m2, as well as attractions, conference centers, hotels and other establishments.

The Greek authorities are currently launching the online casino licensing process. Therefore, in the near future, approximately 25 operators carrying out their activities under temporary licenses will be given the opportunity to obtain permanent permits.

Author: Ivanov Harlam Ivanov Harlam | Last update: 22.09.2018

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