Greek NEWS

Mohegan Gaming wins bid to build Casino Resort in Athens

Mohegan Gaming and Entertainment have won the initial rights to build an integrated resort and casino development for Greece’s Hellinikon Project.

Approved by the Hellenic Gaming Commission (HGC), it is set to be delivered in conjunction with Greek construction firm Gek Terna and follows last week’s news that Hard Rock International, who was the only competitor, was rejected in Greece’s casino tender.

The HGC announced Hard Rock’s tender documents did not show sufficient construction experience or the ability to meet financing criteria.

According to reports, HRI now has until Monday 3 February to bring forward any objections and if the issue is to go before an arbitration authority, it could take a month to resolve.

MGE’s project is to be known as Inspire Athens and is a development the company says would create in excess of 7,000 jobs for locals during and after construction.

Incorporating a luxury hotel, entertainment venues, convention centre, shopping, restaurants, bars, casino and “a comprehensive mix of premium amenities,” MGE states that its proposal will launch “a new era of tourism growth and economic prosperity for all of Greece and the entire region”.

Upon completion, the firm expects an increase of at least ten percent in international tourism in the Attica region, as well as the contribution of millions of euros annually to both the government and the people of Greece in the form of taxes, infrastructure improvements, and public services.


Copyright Greek CIty Times 2022

Recent Posts

Patmos and Lipsi experience island life as its most authentic

The British magazine "Conde Nast Traveller" has highlighted the Greek islands of Patmos and Lipsi as must-do destinations that should… Read More

16 mins ago

Magic Johnson in Greece for second summer in a row – Celebrates American Independence Day

Earvin “Magic” Johnson Jr. has touched down in Greece for the second summer in a row and appears to be… Read More

19 mins ago

Australian Channel 9 reporter sorry for abortion post

Nine News Melbourne journalist Lana Murphy has issued an apology and is receiving counselling for sharing a controversial post from… Read More

43 mins ago

The fake Greek Rafale pilot patches that caused reactions in Turkey (PHOTOS)

In an attempt to create an anti-Greece climate, the Turks are imagining enemies and conspiracies everywhere, even in the rubber… Read More

1 hour ago

Greece may return to wearing of masks soon due to uptick in cases

The rise in coronavirus infections over the past three weeks is a matter of concern, and Greek health experts do… Read More

2 hours ago

US ‘will protect Greece’s sovereignty,’ but it should ‘not be selling any type of weapon to Turkey’

Speaking to Skai TV on Monday night, the Greek-American member of Congress said that he was “very disappointed” by the… Read More

2 hours ago