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Said Back in Game for Hellenikon Casino License

Malaysia Online Casinos And Other Companies Said Back in Game for Hellenikon Casino License

The Malaysian Online Casino Industry and Genting Malaysia said they have renewed their interest in the USD $8.84 billion development of the abandoned Hellenikon International Airport.

 

Also interested in developing the airports were US gambling giants Hard Rock International and Mohegan Gaming and Entertainment (MG&E) slugging it out in a bid for a casino license.

Casino.org reported that the Malaysia Online Casino Industry and Genting have not yet dropped out as it emerged the two American companies had become the frontrunners after Las Vegas-based Caesar’s dropped out.

The new New Democracy government is pushing the development that was stymied during the 4 1/2-year reigns of the former ruling Radical Left SYRIZA that had anti-foreign business elements.

“Caesars has already dropped out of running for the Athens casino over a month ago.

“Genting, on the other hand, was less interested than Hard Rock and Mohegan Gaming but they were still believed to be interested in the deal in recent weeks” reported by the gambling site.

 

The tender deadline is now set for Oct 4, later this year.

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The Hellenic Gaming Commission has mandated the planned integrated resort at the site that’s now overrun with weeds, abandoned buildings and rusting aircraft 18 years after 18 years and repeated delays in transforming it include convention facilities and at least 500 slot machines besides a minimum of 100 table games.

The original plan for Europe’s largest urban park was shelved because of a 9 1/2-year-long economic crisis that saw successive governments line up for a commercial project that would include the casino, a yacht marina for the rich and a far-less green presence than promised.

“The closest casino to Athens is the Regency Casino Mont Parnes in Acharnes. But that venue is 25 miles away from the Greek capital, indicating the winning bidder for the Hellenikon plan will enjoy a significant geographic advantage in the country’s most visited city, the site added.

“Earlier this year, Genting Malaysia (and online casinos in Malaysia), Hard Rock, and Mohegan Gaming submitted comments on the casino licence and property leasing terms.

All three companies are believed to have asked Greek officials for some relaxation on the land lease terms,” the report went on but there was no immediate response from Genting.

Malaysia Online Casinos Interested In Expanding Their Networks With The Hellenikon International Airport

A spokesperson of theMalaysian Online Casino Industry briefly shared minor plans as the industry is interested in joining arms with Genting Malaysia in the development of the airport.

He explained that the Malaysian online casino industry would vastly increase their exposure if the deal falls through with Genting Malaysia and succeed in the bid.

He also informed that all of the online casinos featured in Malaysia will be able to tap into the Greek market if they were to be able to develop Hellenikon International Airport.

“This will definitely expand our influence after tapping in Malaysia and the United States.

“This means that our online casinos will be even more international than ever and we will be able to improve our services based on the European demographic,” he said.

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