Mohegan-Led Consortium Offers 150 Million Euros for Greek Casino Licence | Investing News
ATHENS (Reuters) – A consortium led by U.S. casino operator Mohegan Gaming & Entertainment [MOTGA.UL] has offered 150 million euros ($176 million) for a licence to build and operate a luxury casino resort in Athens, a Greek minister said late on Wednesday.
Mohegan and its Greek partner GEK TERNA
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Greece’s gaming commission, which is handling the tender, on Wednesday opened Mohegan’s financial bid, Development Minister Adonis Georgiadis told a Greek TV station.
“The tender had set a minimum price of 30 million euros … Mohegan offered a lump sum of 150 million,” he said.
The next steps in the process include signing the contract and clearing it with Greek