Mohegan Officially withdraws from Hellinikon Casino Project in Athens

Mohegan Gaming & Entertainment (MGE), an American master developer and operator of premier global integrated entertainment resorts, announced on Friday that it has withdrawn from plans for the creation of a casino in Greece, slated for the former airport location at Hellinikon in southern Athens, Greece.

“MGE has conducted a comprehensive review of its operations and future commitments against the new backdrop created by the Covid-19 global pandemic and concluded that we would not continue to pursue the concession rights for the Athens project,” it noted.

The Hellenic Gaming Commission selected Mohegan and its GEK Terna Holding Real Estate Construction partner to construct the resort in southern Athens. Mohegan added that in September all of its equity ownership in the Athens project had been transferred to GEK Terna, which was previously the minority owner in the venture.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Konstantin von Wedelstaedt

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