By Kostas Ketzietzis
It is estimated that the completion of the procedures by the Gaming Supervision and Control Committee (GSC) is a matter of days before the signing of the concession agreement for the Casino license in Elliniko with the Greek State.
According to information, some documents are expected from the Athens IRC which is 100% controlled by GEK Terna. Competent sources state that formal procedures have remained both on the part of the tender committee and on the part of the EEEP.
Then the ratification of the contract by the parliament and the signatures with the Ministry of Finance will proceed. It is estimated that once this process is completed, the change of shareholder structure of Athens IRC will proceed with the entry of HardRock. Then, the issuance of the required licenses for the hotel with casino and conference center will begin, which will be developed in Elliniko by the contractor consortium.
Source: Capital
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