The Greek authorities decided to implement a modern entertainment complex with a casino, Park and beach areas on the territory of the former Hellinikon airport in Athens.
Earlier, a competition was launched in Greece to obtain the appropriate licenses that will allow creating a modern gambling and entertainment complex at the airport. According to reports, the new integrated resort will include a casino with 120 gaming tables and 1,200 slot machines, as well as a five-star hotel with two thousand rooms. In addition, investors also proposed to create conference halls, shopping centers, a theater, sports complexes and a Marina on the territory of the airport.
Representatives of the Fund for the use of state property in Greece said that at the moment they are faced with the task of turning the territory of the closed airport into a place that will attract new tourists and large foreign investors to the region.
A potential investor, Mohegan Gaming and Entertainment, said that the new gambling and entertainment resort will attract between five and ten million tourists each year:
The resort will attract participants of various business forums to the region, as well as tourists who do not gamble, but want to relax in such a place. In addition, the entertainment facility will create new jobs and bring additional revenue to the budget.
Mohegan Gaming is among the interested companies that apply for a license to sell gambling facilities in Ellinikon. Major companies such as Caesars Entertainment Corp and Hard Rock International will also participate in the competition for a license.
In turn, investors who are interested in the construction of the resort, say that the estimated investment in the new gambling and entertainment facility will amount to 500 million to 1 billion euros. Also, according to experts, the Hellinikon project will create about 75,000 jobs and attract one million international visitors a year.