Days after the Greek commission said that Hard Rock’s proposal for the Elliniko casino did not meet the requirements, the company is set to fight in court.
Greece.- Hard Rock International has decided to head to court to reverse the decision from the local gambling commission to disqualify the company for the licence of the upcoming Elliniko casino, to be located at the old Athens airport.
The company has filed a pre-trial appeal in Greece against the Hellenic Gaming Commission (HGC) and its decision that the proposal did not meet the necessary requirements. Instead, the gambling regulator granted initial rights to Mohegan Gaming & Entertainment and the Greek construction company GEK TERNA.
Hard Rock believes that its offer for the Elliniko casino is still the best out of the two submitted. The company believes that Greek judicial and administrative officials will find that its bid was actually handled unfairly, Neos Kosmos reported.
Hard Rock’s proposal
Hard Rock International had proposed a self-funded project with €250 million, and the rest would’ve been covered with Greek and foreign bank loans. The facility was designed to feature a casino, a hotel, a conference centre, restaurants and more entertainment options. It would’ve also created thousands of jobs for local citizens.