Albanian casino auctions

TIRANA (Reuters) – Albania has received four bids for a $10 million 15-year casino license in the Albanian capital Tirana, the first of five licenses planned by the government, officials said yesterday. The USA’s Royal Palace Casino of Nevada, Albania’s Rozafa, Greece’s Club Hotel Loutraki, and Greece’s Hyatt Hotel Regency all submitted proposals, said bids committee chairman Genc Cifliku, without specifying a deadline for awarding the license. Albania also plans to auction four casino licenses along the country’s Adriatic and Ionian coasts, including one in Sarande, a tourist town across from the Greek holiday island of Corfu.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.