GEK Terna

Hard Rock International ruled out of Elliniko casino tender

The Hellenic Gaming Commission (EEEP) has unanimously accepted the conclusions of the committee for the tender of the Elliniko casino concerning the rejection of the bid by Hard Rock International (HRI).

Reliable sources say the decision was made at last Friday's EEEP board meeting. This decision rules HRI out of the running for the casino license at the old Athens airport plot.

Index climbs to highs unseen since February 2015

A predictably quiet day on the Greek bourse on Friday ended at the highest point of the last 58 months as buyers proved quite active in the last hour-and-a-half of trading.

The Athens Exchange (ATHEX) general index ended at 920.54 points, adding 0.88 percent to Monday's 912.52 points, the highest since February 2015. On a weekly basis it advanced 3.19 percent.

Elliniko casino license is not expected before summer of 2020

It's already been three months from the day that binding offers by Hard Rock International and the consortium of Mohegan Gaming & Entertainment and GEK Terna were submitted for the Elliniko casino permit, but there is yet to be a decision on the sufficiency and the legitimacy of the documents submitted.