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Mohegan – GEK Terna submitted an offer for the casino in Elliniko
The file with the financial offer for the hospitality complex with a casino in Elliniko was opened, and the offer by the consortium Mohegan – GEK Terna is five times higher than the price in the auction issue. Reportedly, the offer submitted by the consortium amounts to €150 m. The initial tender price was set at €30 m.
According to the specifications included in the tender for the casino license, the multi-storey complex will include a 5-star hotel with a minimum area of 60,000 sq.m., casino facilities of at least 12,000 sq.m., conference and exhibition facilities of at least 12,000 sq.m., and an indoor arena of at least 3,000 seats.
With the opening of the financial offer and the submission of the latest legalization documents, the contractor selection process is expected to be completed within October. The whole process will take a few months to be completed, same for the final text of the 30-year-old concession agreement to be confirmed between the state and the consortium.
Original Source: Euro2day
Adaptation/Summary: Kiki Athanasiadis