Zepos & Yannopoulos is advising Mohegan Gaming and Entertainment, a US gaming industry group, on its participation in an international tender for the concession of a casino operating license in the Hellinikon – Ag. Kosmas Metropolitan Pole, which was launched in February 2019 by the Hellenic Gaming Commission.
Zeya reports that “this is the first tender launched by the Hellenic Gaming Commission for the award of a casino license and the implementation of an integrated resort casino. The tender for the IRC project is a precondition for the initiation of the Hellinikon Project, a landmark urban development project on the grounds of the former Athens airport in the Athenian Riviera, and one of the largest development projects in Europe with an estimated investment value of approximately EUR 8 billion.”
The Zeya team included Partners Anastasia Makri, Marina Allamani, and Alex Karopoulos, Senior Associates Sofia Chatzigiannidou, Nasia Gkouma and Smaragda Spyrou, and Associate Georgia Koui.
Editor's Note: On November 9, 2020, Zepos & Yannopoulos announced that Mohegan Gaming and Entertainment's participation in the tender had been successful. According to Zeya, "following completion of the year-long review procedure and the final closure of the much-debated litigation stage, the “Inspire Athens” consortium — comprised of two Mohegan group entities and local partner GEK Terna SA — was recently declared provisional contractor by the Hellenic Gaming Commission. Consortium Members have already duly submitted the provisional contractor documentation, currently under review by the Hellenic Gaming Commission. The final award and execution of the concession contract are expected by the end of the calendar year."
In addition to the lawyers mentioned in our original article, Zeya's team also included Associate Eleni Avgeri.