Greece – Regency Entertainment to relocate Athens licence to Marousi by 2021By Phil - 25 February 2019
Greek casino operator Regency Entertainment has confirmed it will relocate its Athens licence from Mont Parnes to the northeastern suburb of Marousi by 2021.
The company will spend up to €200m to relocate the casino to a property at 55 stremma in Marousi, known as the Dilaveri estate. Alongside the casino, the property will also include a luxury hotel, restaurants, a conference room and a cultural/musical event venue.
Once fully operational, the new casino will create 1,500 direct jobs, of which 600 will be new positions.
The existing facilities on Mont Parnitha will be given back to the Greek state.Regency Entertainment is also investing €3.5m in renovating the five-star Hyatt Regency Thessaloniki hotel.
The work began in September 2018 and is expected to be completed in 2020.