Hard Rock, GEK Terna confirm Elliniko casino plans

Hard Rock, GEK Terna confirm Elliniko casino plans

Hard Rock International and GEK Terna on Wednesday announced their partnership for the development of the integrated hotel complex with a casino at Elliniko.

The agreement stipulates that the US multinational will hold 51% of the share capital of the investment body, while the Greek group will hold 49%.

At an event held at Zappeion Hall in Athens, the two groups presented some details of the billion-euro project that will include a five-star hotel with 3,447 beds.

Meanwhile the government tabled a bill in Parliament for the construction and licensing of the complex, providing for the casino to cover an area totaling 15,000 square meters.

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