A series of delays and setbacks jeopardize the largest privatization in Greece and one of the biggest real estate projects in Europe: the redevelopment of Athens’s former airport area at Elliniko. This affects in a great way the already crisis-hit Greek casino market, because one of the first construction projects that is to be built on the land is an integrated casino resort facing the Agios Kosmas marina.
Casino Legislation News
OPAP, Greece’s leading gaming and lottery company aims to raise up to 200m through a bond issue in order to finance it’s investment of 35.000 VLTs.
The bond issue, is expected to roll out until the end of March, not only will provide the state-run with much needed liquidity in a cash-starved economy, but will also act as a vote of confidence, just before the launch of the much-anticipated VLT operation.
by Giulio Coraggio, Head of the Gambling Law group at the law firm DLA Piper
With the impacts of Thursday 23rd June's momentous referendum decision for Brexit still seeping in, I must unfortunately forecast that the future is undoubtedly bleak for the British casino industry. I know this will not sit well with a traditionally libertarian industry, who many I am certain will have voted to ‘regain control’, but for our industry this is an absolute nightmare.
by David Clifton, Clifton Davies Consultancy Limited
A decade on from the Act, gambling is still the only show in town for most of Britain’s major operators. Dan Waugh
As Genting prepares to open Britain’s first truly integrated destination casino at the NEC in Solihull this week, Dan Waugh asks why our gambling industry has been so slow to embrace mainstream leisure.
This morning, the New York trial court granted the state a preliminary injunction against DraftKings and FanDuel, prohibiting them from taking players from that state.
"Today, as in 1961, Cuba is governed by the Castros and the Communist party. We cannot keep doing the same thing and expect a different result.”
President Barack Obama