The offers’ submission for the casino license in Elliniko was finally completed with 2 final contenders. As expected, the offers were submitted by Hard Rock International and J/V Mohegan Gaming & Entertainment (MGE)-GEK TERNA.
A mega project
It is reminded that the Integrated Resort Casino project has an estimated cost of 1bn euros, making it the largest independent building project of all time in Greece. The building of the Casino will be the tallest in Greece with a height of 200 m. and one of the tallest in Southeast Europe.
Regarding the technical offer, this will be evaluated according to the following criteria, in terms of the development size and the assurance of a high quality during the 1st Phase of the project:
– Development of a hotel of at least 5 stars, a capacity of at least 2,000 beds and a clear surface of at least 60,000 sq.m.
– The development of the above space will be including all individual services/facilities that a casino of a wide range of activities and international scope must have. The latter, according to the minimum requirements of the tender, must reach or exceed 12,000 sq.m., including at least 120 tables, 1,200 slot machines (VLTs) on a surface of 12,000 (minimum) up to 15,000 (maximum) sq.m., including distinguished player venues (such as VIP lounges, salon privé, etc.).
– Development of a conference and exhibition center of 12,000 sq.m or more.
– Development of a public gathering area for sports and/or cultural events with a total number of seats equal to or greater than 3,000 sq.m.
As stated in the tender notice, the financial bid will account for 60% of the bidder’s evaluation and the technical bid for 40%. After the bidding, it should take approximately 1.5 months for the announcement of the contractor, if everything goes as planned.
Mr. Evangelos Karagrigoriou, Chairman of the Hellenic Gaming Committee, commented on the occasion of the offers’ submission:
“Today is a milestone for the realization of the Elliniko flagship investment, and in particular for the realization of an internationally renowned tourist and leisure destination, with multiple benefits for the Greek economy, as the Integrated Casino Resort is expected to be, according to the specifications that have been set in the tender.
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