{"id":3809,"date":"2020-02-24T12:45:13","date_gmt":"2020-02-24T12:45:13","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=3809"},"modified":"2026-04-24T07:37:37","modified_gmt":"2026-04-24T10:37:37","slug":"comer-loutraki-casino","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/comer-loutraki-casino","title":{"rendered":"Irish company wants to invest in Greek casino"},"content":{"rendered":"\n

The Irish company Comer has told the Greek government that it intends to invest in a casino in Loutraki.<\/p>\n\n\n\n\n\n\n\n

Greece.- Comer, an Irish group, has informed the local authorities that it has plans in place for a casino in Loutraki. However, it said that acquiring the property where the casino and hotel is located is a priority before investing.<\/p>\n\n\n\n

According to Ekathimerini, the legal representative of the property development company, Comer is not used to investing in properties that it doesn\u2019t own or in companies based on properties on long-term concessions.<\/p>\n\n\n\n

While Comer is willing to invest in the casino located in Loutraki, it seems like it will face several hurdles as the casino is located on property owned by the Municipality of Loutraki-Perachora.<\/p>\n\n\n\n

Two casinos recently shut down in Greece<\/strong><\/h4>\n\n\n\n

The Rio and Alexandroupoli casinos were forced to close<\/a><\/em><\/strong> due to unpaid debts to the Single Social Security Entity (EFKA). The report from EFKA indicates that the Rio casino had to pay over \u20ac25 million, while the Alexandroupoli owed \u20ac12.5 million, Ekathimerini reported.<\/p>\n\n\n\n

The\u00a0Hellenic Gaming Commission<\/em><\/strong>\u00a0(EEEP) meeting that took place late earlier this month ended with the decision to impose fines on the casinos of Corfu and Loutraki. The difference between these facilities and the ones that were forced to close is that they had settled their debts in the period between their summoning and the EEEP meeting. The commission decided to impose a fine once again instead of forcing them to close.
<\/p>\n","protected":false},"excerpt":{"rendered":"

The Irish company Comer has told the Greek government that it intends to invest in a casino in Loutraki.<\/p>\n","protected":false},"author":2,"featured_media":3812,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Comer, an Irish group, has expressed intent to invest in a casino in Loutraki, Greece, contingent on acquiring the property, which is currently owned by the Municipality of Loutraki-Perachora. This development occurs amidst recent closures of the Rio and Alexandroupoli casinos due to significant unpaid debts to EFKA, and regulatory fines imposed by the EEEP on the Corfu and Loutraki casinos for similar debt issues, albeit settled prior to the commission's meeting.","focusai_entities":"Comer, Greek government, Municipality of Loutraki-Perachora, Ekathimerini, Single Social Security Entity (EFKA), Hellenic Gaming Commission (EEEP)","focusai_location":"Greece, Loutraki, Rio, Alexandroupoli, Corfu","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.9), operator_casino (0.9), affiliate_publisher (0.7), payments_fraud_aml (0.7), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Comer's Property Strategy","query":"What specific property acquisition and governance frameworks will Comer pursue to mitigate ownership risks for its proposed Loutraki casino investment, given its stated preference?"},{"label":"Greek Regulatory Impact","query":"How do the recent EEEP enforcement actions and EFKA debt-related closures impact the perceived regulatory risk and investment climate for new entrants in the Greek casino market?"}],"footnotes":""},"categories":[28,16331],"tags":[29,3498],"class_list":["post-3809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-elsewhere-news","tag-casino","tag-ireland"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=3809"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3809\/revisions"}],"predecessor-version":[{"id":777009523,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3809\/revisions\/777009523"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/3812"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=3809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=3809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=3809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}