deadline for proposals<\/a>, with the current end date being July 31.<\/p>\nThe country \u2013 fresh off a $260 billion bailout by the European Union, International Monetary Fund, and European Central Bank just three years ago \u2013 continues to search for ways to strengthen its economy. Tourism is the country’s cash crop, and adding a casino complex such as the one proposed by Mohegan Gaming is viewed as a no-brainer by government officials.<\/p>\n
Kontomerkos says the project \u2013 if approved \u2013 would create thousands of jobs and numerous benefits for the Greek economy.<\/p>\n
Bidding War<\/b><\/h2>\n
The repeated bidding delays by the country’s gaming commission has slashed interest among rumored potential casino operators mulling a proposal. They include Caesars Entertainment and Hard Rock International, the latter being the gaming and entertainment unit of the Seminole Tribe in Florida.<\/p>\n
That isn’t to say Mohegan is the only player for Hellinikon. Lamda Development, a Greek real estate company, has partnered with Chinese conglomerate Fosun Group and Abu Dhabi’s real estate firm Eagle Hills to propose a $9 billion casino complex that would also feature luxury homes, hotels, and marina.<\/p>\n","protected":false},"excerpt":{"rendered":"
Mohegan Gaming and Entertainment, the casino unit of the Mohegan Tribe in Connecticut, is making a bid to be part of a $9 billion casino resort complex in Greece. Greek conglomerate GEK Terna and Mohegan are teaming up for the project. The development plans call for luxury residences, hotels, yachting marina, and casino resort. The […]<\/p>\n","protected":false},"author":25,"featured_media":108390,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13592],"tags":[],"acf":[],"yoast_head":"\n
Mohegan Gaming Announces $9B Casino Resort Bid for Athens Airport<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n