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> Economy

The building permit for the casino in The Ellinikon has been issued

The EUR 1.5 billion investment by GEK-TERNA and Hard Rock international moves forward

Newsroom February 17 11:59

 

An important step has been taken towards the implementation of the major investment for the integrated Resort Casino in The Ellinikon as the building permit for the project, which is being implemented through a partnership between Hard Rock international (51%) and GEK Terna Group (49%), has been issued.

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The company has the overall responsibility for the project, with the latter having the overall responsibility for the project and the overall project management.

The “Hard Rock Hotel & Casino Athens” represents a total investment of €1.5 billion, of which more than €1 billion is for the construction costs, while the remaining funds are for the one-off costs of €150 million for the operating license, financial costs, etc.

The building, which is already in the preliminary construction stage, will have a height of 197 meters and 42 floors and the timeframe for its completion is three years. 3,000 jobs will be created at the construction stage and another 3,000 permanent jobs will be created during its operation under the supervision of Hard Rock International.

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