Company updates Greek Court Rules Hard Rock Out of Hellinikon Casino Game by Maria Paravantes 18 September 2020 written by Maria Paravantes 18 September 2020 1 comment Share 0FacebookTwitterLinkedinWhatsappEmail 18 The Mohegan Gaming & Entertainment concept – named INSPIRE Athens – for the first Integrated Resort and Casino (IRC) in Greece. Greece’s highest court issued its final decision on Friday, putting a long-running legal dispute between Hard Rock International and Mohegan Gaming & Entertainment (MGE) to an end by rejecting the former’s case which claimed it had wrongfully been excluded from a bid to operate a casino resort in Greece. The Council of State rejected on Friday, Hard Rock’s case in an ongoing battle for the 30-year rights to operate the first integrated resort and casino on the yet-to-go-up Hellinikon mega complex on the Athenian Riviera. The decision now opens the way for Mohegan to table its financial bid and await approval by Greece’s gaming committee. Greek Development & Investments Minister Adonis Georgiadis confirmed on Thursday, that the decision would accelerate procedures for the construction of the casino – the first project to go up at Hellinikon – by the end of this year or in early 2021. Sources close to the project are claiming, however, that plans will further delay with the permit and contract to be finalized no earlier than in 2021, which would mean construction would likely start in 2022 in the best case scenario. The Hellinikon project. It should be reminded that selecting the developer of the casino resort is a requirement for the 9-billion-euro Hellinikon project – to be implemented by Lamda Development – to proceed. According to media reports, Hard Rock may decide to file a suit against Greek authorities in European courts. The US entertainment firm has already sought guidance on the case from the European Commission. In May, Mohegan confirmed that its ambitious investment plan would move ahead as scheduled if selected despite the coronavirus outbreak. Together with its partner in Greece, GEK TERNA, MGE will proceed with its INSPIRE Athens project for the casino which includes a luxury hotel, entertainment venues, convention center, shopping, dining, a casino with 120 gaming tables and 1,200 slot machines, and a comprehensive mix of premium amenities, set to create 7,000 jobs. Join the 15,000+ travel executives who read our newsletter Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail Maria Paravantes Chicago-born and raised, Maria Paravantes has over two decades of journalistic experience covering tourism and travel, gastronomy, arts, music and culture, economy and finance, politics, health and social issues for international press and media. She has worked for Reuters, The Telegraph, Huffington Post, Billboard Magazine, Time Out Athens, the Athens News, Odyssey Magazine and SETimes.com, among others. She has also served as Special Advisor to Greece’s minister of Foreign Affairs, and to the mayor of Athens on international press and media issues. Maria is currently a reporter, content and features writer for GTP Headlines. previous post Athens Municipality Launches Online Appointment Service for Citizens next post Greek PM Mulls Tighter Covid-19 Measures for Athens – Attica You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Celestyal Celebrates Valentine’s Day with Free Cabin Upgrades 5 February 2025 Flisvos Beachfront Apartments Offers Seaside Stays on Skopelos Island 4 February 2025 ITA Airways Unveils New Commercial Benefits as it Joins Lufthansa Group 4 February 2025 HotelBrain Expands with 10-Year Lease of Dion Palace Resort & Spa 4 February 2025 SKY express: Free Tickets for Children, Teachers on All Santorini-Athens Flights 4 February 2025 1 comment HM 21 September 2020 - 10:53 Phedhia don’t spoil the area! Reply Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ