Greek construction firm GEK TERNA, awarded the 30-year concession for the development of Greece's first Integrated Resort and Casino, has entered into a partnership with Hard Rock.
Greek company GEK TERNA now stands alone in the development of the integrated casino complex at Ellinikon after US-based investors MGE decided to withdraw from the process.
US gaming giant Mohegan has offered 150 million euros for the 30-year right to operate Greece's first integrated resort and casino in Hellinikon on the Athenian Riviera.
Greece’s highest court has issued its final decision and ended a legal conflict over the 30-year permit to run a casino at the Hellinikon area in Athens.
Greece’s highest court is expected to issue its final decision and end a legal conflict over the 30-year permit to run a casino at the Hellinikon area in Athens.
The first phase of the Hellinikon project in Greece, which will see the construction of a casino, two hotels and skyscrapers, is expected to begin in July.
Greece’s top administrative court has rejected Hard Rock's appeal contesting the country's gaming regulator's decision on the Hellinikon casino tender process.
US-based Mohegan Gaming & Entertainment says that its investment for the first Integrated Resort and Casino in Greece will move ahead as scheduled, if selected.
The Hellinikon project, to go up at Athens’ former airport, is moving one step closer to becoming a reality after Greece’s Central Archaeological Council approved the demolition of 900 buildings on the premises.
The process of an international tender for a casino permit at Hellinikon has been suspended, following an appeal filed by global entertainment and hospitality brand, Hard Rock International.
Hard Rock International believes it was wrongly excluded from Greece's bidding process for the operation of a casino resort in Hellinikon and announced that it will take the necessary actions.
Greece’s gaming commission is proceeding to the next phase of procedures for the 30-year license to operate an integrated resort and casino at Hellinikon.
A tender for the 30-year license to operate an integrated resort and casino in Hellinikon, has run into another glitch, with one of the two bidders claiming it has been excluded from the game.
Hard Rock International will invest over 1 billion euros in Athens' former Hellinikon airport site, if it wins Greece's tender for an integrated resort and casino license.
Lamda Development, the consortium to take on the urban development of Athens’ former airport in Hellinikon, claims that delays on the project were strictly a result of government stalling.
