Within the next few days, Hard Rock in Athens for the casino of Elliniko

of Eleni Botas

Within the next few days, Hard Rock executives are expected to arrive in Athens for the Elliniko casino.

Are Hard Rock executives coming to the country after the recent signing of the concession between the Greek state and the “Athens IRC” consortium, which is jointly controlled by GEK TERNA, in the context of its shareholder announcements? change in the shape that will take over the casino of Elliniko, with the official departure of Mohegan (participated with a percentage of 65%).

Hard Rock will replace Mohegan as the partner to operate and operate the first Integrated Resort Casino in mainland Europe.

The participation percentage of GEK TERNA in the new band will be 49% and of Hard Rock 51%.

The concession contract for the casino in Elliniko is expected to be submitted to the Parliament for a vote in the next period.

After the completion of the relevant procedures, the construction of the project will start with a total investment of 1.1 billion, while changes in the architectural plans of the project are expected, while the duration of its construction according to the initial calculations will last 36 months.

It is recalled that the INSPIRE ATHENS consortium of Mohegan – GEK TERNA won the tender of the Supervision and Control Committee for the casino in Elliniko with a bid of 150 million euros for the license and a technical bid for an investment of 1.1 billion euros.

The project includes the construction of a complete casino complex, a luxury hotel of 120,000 sq.m. with 3,450 beds the largest five star hotel in Greece.

Also a conference and exhibition center 23,700 sq.m. and a sports and cultural center with a capacity of 10,500 people. The project will be constructed entirely by GEK TERNA.