A strategic deal has been reached between Mohegan Gaming & Entertainment (MGE) and GEK TERNA, for the emblematic Hellinikon project. The two Groups joined forces for the tender regarding the long-term concession of the casino license as well as the significant overall development of the area (with the construction of a hotel, conference center, sports and culture facilities), as it is provided in the terms of the competition in progress.
The aim of the two Groups is to capitalize on the credibility, experience and know-how they possess in order to contribute to the realization of a huge investment with multiple benefits for the wider region of Attica, as well as for the Greek economy, as a whole .
Referring to the strategic cooperation between MGE and GEK TERNA, MGE Chairman and CEO, Mr. Mario Kontomercos said: “We are delighted to be working with GEK TERNA Group for Hellinikon project. We believe that the credibility, effectiveness and profound knowledge of the Greek market that GEK TERNA has to offer, will help us realize our vision Hellinikon, Athens and Greece.”
For his part, Chairman and CEO of GEK TERNA, Mr. Giorgos Peristeris commented: “Our strategic partnership with the Mohegan Gaming & Entertainment Group is an important development for our Group as it gives us the opportunity to work with a top international group for an emblematic project, as Hellinikon project is for all Greeks.”
Mohegan Gaming & Entertainment (MGE) is a leading provider of real estate development and block operations that provide optimal integrated entertainment solutions. The company has presence in North America and North Asia.
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