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Tag Archives: Inspire Athens

Greece – Mohegan officially pulls the plug on Inspire Athens

Mohegan Gaming and Entertainment (MGE) has now confirmed that it has stepped away from Inspire Athens, the proposed casino development at the derelict Hellenikon international airport on Athens’ coast due to financial issues. The company has stated: “MGE has conducted a comprehensive review of its operations and future commitments against the new backdrop created by…

Greece – Opening of InspireAthens could be put back to 2026

Mohegan Gaming has put a two year delay on the opening of InspireAthens, comprising a casino and two hotels being planned for the landmark plot of Athens’ former international airport on the southern coast at Elliniko, taking the timeline as late as 2026. The last communication on the casino’s progress came from Greek Investment Minister…

Greece – Mohegan Gaming finally confirmed as casino operator for Hellinikon project

The Hellenic Gaming Commission has finally confirmed its selection of Mohegan Gaming & Entertainment (MGE) to develop the first Integrated Resort and Casino in Greece. The winning bid from MGE, submitted in partnership with GEK TERNA, proposes a state-of-the-art development plan, INSPIRE Athens, that includes a luxury hotel, premier entertainment venues, convention center, shopping, dining,…

Greece – Mohegan offers five times the minimum tender price for Hellinikon licence

Mohegan Gaming & Entertainment, its Greek partner GEK TERNA, and the consortium behind its bid to bring Inspire Athens to fruition has offered €150m for the 30-year licence needed to operate the 120 table and 1,200 slot casino resort. Mohegan Gaming is the sole bidder in the much-delayed tender process to build a casino resort…

Greece – Hard Rock loses its appeal over Hellinikon casino award

Following a previous rejection in March, Greece’s highest administrative court has rejected an appeal from Hard Rock International that it had been wrongfully excluded from the tender for a casino at the former Hellinikon airport. Hard Rock had been confident its court challenge would see the company become the license holder. It had claimed it…

Greece – Moody’s warns of potential default by Mohegan Gaming

Moody’s Investors Service believes that Mohegan Gaming & Entertainment, the Connecticut-based casino group who won the license for an E8bn casino at the former Hellenikon International Airport in Greece, is at risk of default. Earlier this month, Mohegan missed a $19.7m interest payment with the operator claiming it didn’t make the payment as it is…

Greece – Hellenic Gaming Commission confirms Mohegan Gaming has won Athens licence

Hellenic Gaming Commission has confirmed it has chosen Inspire Athens, a partnership between Mohegan Gaming and Entertainment and local company GEK TERNA for its new casino at the former Athens airport of Hellinikon, on the Athens seafront. Development Minister Adonis Georgiadis said: “The goal remains to have bulldozers at Hellinikon in early 2020.” The rival…

Greece – Mohegan Gaming unveils plans for Inspire Athens

Mohegan Gaming and Entertainment, and its Greek partner GEK TERNA, have lifted the curtain on their plans for Inspire Athens, its concept for the first Integrated Resort and Casino in Greece. The resort consists of a luxury hotel, entertainment venues, convention center, shopping, dining, casino, and a comprehensive mix of premium amenities. The development will…