Hard Rock confident of the success of the appeal for a casino license in Greece. Follow us to find casino blackjack tips and strategies 2020.
Hard Rock International will have a court battle with The Hellenic Gaming Commission. The US company is confident it will win legal action against the Hellenic Gaming Commission’s decision to disqualify the hotel and casino operator from running for a casino resort license at a non-existent airport near Athens. The Hellenic Gaming Commission granted the license to another US based casino and hospitality company, Mohegan Gaming & Entertainment, earlier in 2020.
The license allows a tribal gaming and hotel operator to build a € 1 billion casino resort as part of a larger complex called Hellinikon, in place of the former Hellinikon International Airport, which is near the Greek capital. As mentioned above, Hard Rock has been disqualified from the casino licensing race and will be fighting in court to appeal that decision. However, their complaint was dismissed by the Hellenic Gaming Commission and the preliminary appeal body.
Greece’s highest administrative court will review the complaint again. Hard Rock spokesperson Michael Karloutsos has indicated that the company will eventually win competition for a casino resort in Hellinikon and that it is the only company in the race to have developed a similar project before and they will do it again.
Mr. Karloutsos shared that their company is a recognizable global brand and a worldwide permanent power network that can attract many additional tourists to Greece, which will benefit the country.
According to Greek news, Hard Rock did not meet the deadline for sending important documents set by the Greek Games Commission. In addition, the regulator informs the company that the application documents do not demonstrate sufficient development experience and do not meet the financial criteria. Companies interested in participating in the Hellinikon casino license application process were required to submit the necessary documents to the Greek gambling regulator by early October 2019.
Responding to comments about lack of experience and funding for the project, Hard Rock said last year it was “absolutely ridiculous” that the company’s experience was called into question.
Hard Rock operates hotel and casino resorts in Florida, New Jersey, Iowa, Mississippi, and Canada, and is looking hard to break into new markets. It is expected to build a luxury resort in Spain soon. Follow us to find casino blackjack tips and strategies 2020.