Hellenic Gaming Commission Likely to Extend Elliniko Casino Tender Again, Upto June End

A second extension of the deadline for the submission of binding offers is likely to extend upto the end of June. The gaming commission (HGC), has already granted an extension from the original deadline of April 22 to the end of this month.

The interested investors have told the government that they need a sufficient amount of time to study the joint ministerial decision outlining the zoning plan for the property, which is to house the casino and other resort facilities such as a hotel, conference center, etc.

The consultation period on the environmental study expires next week, it is considered unlikely – despite the pressure on the government – for the joint ministerial decisions to be drafted by the end of May.

The lease contract is closely linked to the contract expected for the concession of the 30-year casino license at Elliniko, which, in turn, is necessary for the development of Greece’s biggest project in decades to get under way.