Hard Rock, GEK Terna confirm Elliniko casino plans
[Intime]
Hard Rock International and GEK Terna on Wednesday announced their partnership for the development of the integrated hotel complex with a casino at Elliniko.
The agreement stipulates that the US multinational will hold 51% of the share capital of the investment body, while the Greek group will hold 49%.
At an event held at Zappeion Hall in Athens, the two groups presented some details of the billion-euro project that will include a five-star hotel with 3,447 beds.
Meanwhile the government tabled a bill in Parliament for the construction and licensing of the complex, providing for the casino to cover an area totaling 15,000 square meters.
