A new resort center will be created in Athens, the core of which will be a world-class casino. The corresponding tender process was launched in August of this year, reports Hhotel Management.
Hellenic Gaming Commission says five companies are interested in participating in this tender, despite the fact that last year there were reports of a decline in the country's casino revenues.
According to current data, Caesars Entertainment, Hard Rock International, Mohegan Gaming & Entertainment, Las Vegas Sands and Melco Resorts & Entertainment already registered V project.
The resort is expected to be led by a casino will become an important part of the Hellinikon project, designed to transform several areas of Athens, thereby raising the standard of living of millions of local residents, improving the Greek tourism product and becoming an engine of growth for the Greek economy.
The new resort will include must enter casino, several hotels, conference centers and exhibition areas, themed attractions, an amusement park, shops, restaurants and cafes, venues for cultural events.
It is worth noting that the Hellinikon project in terms of the construction of the new airport is controlled by Lamda Development. It is expected that construction will begin early next year with an estimated cost of 8 billion euros.
Hellinikon project will significantly change Athens' position, experts say as one of the major world-class tourist destinations as it will create many new tourist facilities.
As a result, the city will attract at least an additional 1 million tourists, significantly reduce seasonality, and the average stay and expenditure of tourists in Athens will increase.
There are currently nine casinos operating in Greece., two of which are located in Athens. The Hellenic Gaming Commission reported that €1.58 billion was involved in gambling in the country last year, down 50 percent from €3.18 billion in 2008. Meanwhile, online bets amounted to 5.28 billion euros.
It is worth emphasizing that Greece is not the only Mediterranean country trying to create a resort center with a casino to increase tourist revenues.
Thus, in Cyprus, in Limassol, construction is currently underway on a resort with a 500-bedroom City of Dreams hotel. numbers and casino at a total cost of 500 million euros. The facility is expected to open in late 2019/early 2020.
According to experts, The key to the success of casino development in Cyprus is the growth in the number of Russian visitors to the region.
Source: trn-news.ru