New companies push for Greek development
Las Vegas-based Miura Holdings and Canada’s Clairvest have reportedly shown interest in the casino project to be developed in Elliniko.
Greece.- The Hellenic Gaming Commission (HGC) has yet to announce the tender for the Elliniko casino project to be developed at the old Athens airport site. However, the project has already received major attention from casino companies from all around the world and two new suitors have appeared.
The development has caught the attention of both Miura Holdings, a company based in Las Vegas, and Clairvest, originary from Toronto, Canada. Back in August, the HGC revealed that there are at least five major companies interested in acquiring the licence to operate the venue: Mohegan Gaming & Entertainment (MGE), Caesars Entertainment, Las Vegas Sands, Hard Rock Entertainment and China’s Melco Resorts & Entertainment Ltd.
According to recent reports, Miura Holdings is not only interested in the development but would also be keen to cooperate with Mohegan Sun should the latter remain involved in the bidding process.
The Greek regulatory body will first secure the maximum competition, credibility and price for the investment before moving on with the tender. The process involves the creation of an Integrated Resort Casino (IRC) to be built over more than 600,000 square meters which will include hotels, convention centres, themed attractions, a 15,000 square-meter casino and other attractions.
