Three new casino licenses in Mykonos, Santorini and Crete are planned to be issued by EEEP. The beginning will be from Heraklion, Crete, at the former American Base of Gournes, owned by the HRDH. This is an area of 345 acres, where, in addition to the casino, tourist and commercial activities will also be developed. In the previous days, the Regional Council of Crete met, where it gave the "green light" for new investments.
The owner of Dimand Real Estate, Dimitris Andriopoulos, has expressed his investment interest in the Gournes project, known for his construction activity in large sports infrastructures, such as the Karaiskaki stadium and the new AEK stadium.
A new arrival in the gambling market is the Florina casino, which, completing 9 million euros in investments and after a radical renovation, opened its doors to welcome the public, on November 1, 2019.
Meanwhile, according to newsit, rapid developments in the gambling industry in general are expected to be rapid. The next day is crucial for the casinos in Rio Corfu, Alexandroupoli and Loutraki, as they are even threatened with a padlock, if they do not meet their obligations to the insurance company.
In Halkidiki, too, the issue of changing the ownership of the casino in Porto Carras is active, as discussions with the investor for the acquisition of the hotel complex continue. And all this, when the projects of Elliniko and the relocation of Mont Parnes to Maroussi are in the process of implementation.
Debts threaten to lock 4 casinos
Tomorrow (30/1) is expected to be crucial for the three casinos of Theros International Gaming, interests of businessman Costas Piladakis in Rio, Corfu and Alexandroupolis, as well as for the casino of Loutraki, the majority of which are owned by Israeli investors. Their owners have been called by the Gambling Supervision and Control Committee (GSC) to apologize for their overdue debts to the insurance funds, at the request of the Unified Social Insurance Institution (EFKA). The total liabilities of the above casinos exceed 58 million euros. The hearings of the entrepreneurs to the Commission will end tomorrow, when it will be decided whether they will be allowed to continue their operation or their license will be revoked for up to two months. According to the law, the temporary revocation of a license for unpaid insurance debts lasts for two months, while the recurrence of the company in the same violation allows for a final revocation of the casino license.
It should be noted that from the document sent by EFKA to EEEP, it appears that only three companies from the gambling industry appear debt-free. These are the Parnitha, Thessaloniki casinos of Regency Entertainment and the Florina casino of the Totti family, which is only three months old, while the casino companies in Syros and Rhodes have settled their obligations.
In Rio and Alexandroupolis "flirt" with the Bankruptcy Code
And while debts to insurance companies are growing and the management of Rio and Alexandroupolis casinos is being pressured by the Gaming Commission to settle its financial outstanding issues, at the same time information states that the two casinos are considering submitting an application for inclusion next month. in the consolidation process of article 106 of the Bankruptcy Code. This will mean the suspension of the forced collection of their debts.
Irish "suitors" in Loutraki
The Irish billionaires Luke and Brian Komer of the Comer group met in Loutraki the previous days to discuss with the Israelis Moshe Bublil and Gigal Zilka the terms for the acquisition of their company Club Hotel Loutraki, which owns 85% of the company. the remaining 15% belongs to the Municipal Enterprise of Loutraki. Irish investors have already acquired two 60m-euro loans from Club Hotel Loutraki as they seek to take control of the casino, even though the sale process has been dragging on for months. "Thorn" to complete the acquisition deal, are the high debts.
SOURCE politisonline
The owner of Dimand Real Estate, Dimitris Andriopoulos, has expressed his investment interest in the Gournes project, known for his construction activity in large sports infrastructures, such as the Karaiskaki stadium and the new AEK stadium.
A new arrival in the gambling market is the Florina casino, which, completing 9 million euros in investments and after a radical renovation, opened its doors to welcome the public, on November 1, 2019.
Meanwhile, according to newsit, rapid developments in the gambling industry in general are expected to be rapid. The next day is crucial for the casinos in Rio Corfu, Alexandroupoli and Loutraki, as they are even threatened with a padlock, if they do not meet their obligations to the insurance company.
In Halkidiki, too, the issue of changing the ownership of the casino in Porto Carras is active, as discussions with the investor for the acquisition of the hotel complex continue. And all this, when the projects of Elliniko and the relocation of Mont Parnes to Maroussi are in the process of implementation.
Debts threaten to lock 4 casinos
Tomorrow (30/1) is expected to be crucial for the three casinos of Theros International Gaming, interests of businessman Costas Piladakis in Rio, Corfu and Alexandroupolis, as well as for the casino of Loutraki, the majority of which are owned by Israeli investors. Their owners have been called by the Gambling Supervision and Control Committee (GSC) to apologize for their overdue debts to the insurance funds, at the request of the Unified Social Insurance Institution (EFKA). The total liabilities of the above casinos exceed 58 million euros. The hearings of the entrepreneurs to the Commission will end tomorrow, when it will be decided whether they will be allowed to continue their operation or their license will be revoked for up to two months. According to the law, the temporary revocation of a license for unpaid insurance debts lasts for two months, while the recurrence of the company in the same violation allows for a final revocation of the casino license.
It should be noted that from the document sent by EFKA to EEEP, it appears that only three companies from the gambling industry appear debt-free. These are the Parnitha, Thessaloniki casinos of Regency Entertainment and the Florina casino of the Totti family, which is only three months old, while the casino companies in Syros and Rhodes have settled their obligations.
In Rio and Alexandroupolis "flirt" with the Bankruptcy Code
And while debts to insurance companies are growing and the management of Rio and Alexandroupolis casinos is being pressured by the Gaming Commission to settle its financial outstanding issues, at the same time information states that the two casinos are considering submitting an application for inclusion next month. in the consolidation process of article 106 of the Bankruptcy Code. This will mean the suspension of the forced collection of their debts.
Irish "suitors" in Loutraki
The Irish billionaires Luke and Brian Komer of the Comer group met in Loutraki the previous days to discuss with the Israelis Moshe Bublil and Gigal Zilka the terms for the acquisition of their company Club Hotel Loutraki, which owns 85% of the company. the remaining 15% belongs to the Municipal Enterprise of Loutraki. Irish investors have already acquired two 60m-euro loans from Club Hotel Loutraki as they seek to take control of the casino, even though the sale process has been dragging on for months. "Thorn" to complete the acquisition deal, are the high debts.
SOURCE politisonline