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Mohegan Gaming front-runner for Hellinikon

Despite having already delayed the project on three occasions, the Greek Government is now adamant that its latest bid deadline is officially set in stone. The new deadline is to be the 30th of September 2019 and all interested parties must have submitted their bid by this new date. 

Set to be situated at the site of the former Hellinikon airport complex, Mohegan Gaming and Entertainment, Hard Rock International and Genting are said to be the three organisations in the running to secure the only gaming licence on offer. 

It is being claimed that three ministerial decisions are close to being made, with those involving the park, coastline development and the casino expected to be approved by August 27, and a fourth, involving a plethora of further construction, anticipated by August 30.

The casino, which is being lauded as the first ever integrated casino within Europe, will include gaming-integrated hotels, convention facilities, entertainment shows, theme parks, luxury retail and fine dining, and is set to occupy approximately 15,000 square metres of the 6,200,000 square metre Hellinikon Project. 

In addition, the wider, multi-faceted construction is also slated to include metropolitan park, shops, offices, sports and conference facilities, luxury hotels, museums, malls, cultural venues, health centres, educational and research facilities and a marina.

The Connecticut based MGE, is said to be to the current frontrunner for the project, as the firm have already aligned with contractor Gek Terna and CEO Mario Kontomerkos believed to have visited the country several times following the government releasing its casino ambitions.

Discussing the matter in the local media, Kontomerkos has previously stated that: “Our objective is to implement at Hellinikon a sizeable investment, through our vast experience in global developments, that will be a game changer for the local and national tourism industry. The project will create thousands of workplaces while it will offer multiple benefits to the Greek economy”. 

Claire

iGaming & land based specialist reporter for the global gaming market

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