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Mohegan Gaming and Entertainment Granted the Rights to Construct and Operate a Casino in Athens

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Mohegan Gaming and Entertainment Granted the Rights to Construct and Operate a Casino in Athens
Mohegen Gaming and Entertainment will build the new Athens casino

Mohegan Gaming and Entertainment or for short MGE is a master developer as well as operator of premium fully integrated entertainment, hospitality and casino resorts. Its iconic property Mohegan Sun located in Uncasville, the state of Connecticut opened on the 12th of October in 1996. The facility has 364,000 square feet reserved only for casino gambling.

It is owned and operated by the Mohegan Tribe and it is located on two hundred and forty acres of the tribe’s reservation property alongside the Thames River banks. It is home to the Mohegan Sun Arena as well as to a Cabaret Theatre, Wolf Den as well as several function and meeting room areas, and retail shopping areas. The facility’s casino floor contains hundreds of slot machines, gaming tables for roulette, poker, blackjack, roulette, keno, baccarat, and Caribbean stud poker.
Mohegan Gaming and Entertainment also operates Inspire located in Incheon, South Korea while it acts as a manager of a number of integrated casino resorts in the United States including Pennsylvania, Washington, New Jersey, Connecticut, Louisiana as well as Northern Asia.

The Company Winning the Right to Run a Casino in Athens

When it comes to the company’s latest business successes, one of them is definitely winning the rights to construct and build a fully integrated casino resort within the seaside resort located on the Athens southern outskirts. This news came after a consortium led by Mohegan Gaming and Entertainment was held in Greece.

According to a report by G3Newswire, the major gaming authority in the country, the Hellenic Gaming Commission stated that it had granted the USA-based company Inspire Athens with a thirty-year license which allows it to bring a new casino resort to the former site of the Ellinikon International Airport. According to the same news outlet, the Mohegan Gaming and Entertainment company will now invest a minimum of $33.4 million in a business partnership with GEK Terna which is a Greek construction enterprise to construct a facility that is designed by an architectural company, Steelman Partners.

It was also revealed that the planned resort had drawn major inspiration from ancient Greece buildings of the Acropolis and that it will feature a massive hotel space, several entertainment facilities, one convention center as well as many retail and dining options alongside a casino floor.

Creation of Over Seven Thousand Jobs

Ellinikon International Airport had acted as the major Greek airport until 2001 when it was replaced by the Athens International Airport Eleftherios Venizelos which is a much larger facility. The Athens government earlier permitted several international companies to transform this area into a seaside resort packed with residences and luxury hotels alongside a casino complex and a yachting marina.

The project was worth around $8.9 billion and it was executed by Chinese Fosun Group, local Lamda Development and Eagle Hills from Abu Dhabi. When it comes to the latest Mohegan Gaming and Entertainment project, the company hopes that its coming casino resort in Athens will create around seven thousand indirect and direct jobs. The company’s officials also hope that its coming resort will also aid in launching a new tourism and economic prosperity era for this region. The project developer also detailed that the resort is expected to boost this area’s international visitation by around ten percent if not more.

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