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Wire EMEA


Mohegan Pushes Inspire Athens to 2026


Mohegan Gaming has put a two year delay on the opening of Inspire Athens, comprising a casino and two hotels, pushing the timeline to 2026.


Te total cost of the gigantic Hellenikon Airport redevelopment project is expected to be close to US$9bn while Mohegan’s Inspire casino will cost $1.6bn.


GREECE CASINO OPERATIONS


Switzerland - Stadtcasino Baden prospers Stadtcasino Baden ended 2020 better than expected with a profit of CHF3.9m in 2020, around 11 per cent more than in the previous year. The gross turnover in 2020 was CHF105m around 25 per cent ahead of 2019 figures. Stadtcasino Baden AG operates Grand Casino Baden, Casino Davos and the online casinos jackpots.ch and casino777. The group paid CHF43m of the income as a casino levy to the AHV and the canton of Graubünden, the canton where its Casino Davos is located.


Due to the pandemic, the revenues in the classic casinos in Baden and Davos have been lower. In 2020, they generated consolidated sales of CHF51m, down from CHF77m in 2019. At the same time, the income from online casinos www.jackpots.ch and www.casino777.ch increased significantly. In 2020, the two online offerings contributed CHF46m, up from CHF7m a year earlier.


2020 was the first full year of operation for the two online casinos: jackpots.ch was launched on July 5, 2019, casino777.ch only started on September 9, 2019.


Albania - Fails to clear money laundering test MONEYVAL, the Council of Europe division that deals with financial crime and its prevention in Member States, has noted that since its previous inspection of Albania’s anti-money laundering procedures in 2018, no progress has been made.


According to the organisation, Albania has failed to significantly improve measures to combat money- laundering and terrorist finanacing, including the fit and proper requirements for casino licencing.


Italy - BLOX agrees 1X2 network content deal BLOX has announced a partnership with UK-based content developer 1X2 Network. Chief Commercial Officer at BLOX, Karl Grech, commented: “1X2 Network’s portfolio covers a huge variety of casino content, from well-produced slots and casino games to leading virtual football games. Their releases have proven consistently popular in numerous markets, and it's easy to see why. Through this partnership we are providing yet another way for our operator clients to attract, and retain, players who value quality and playability.”


Belgium - GAMING1 appoints GAMING1 has appointed Ricardo Viana to its newly created role of Chief Creative Officer. Viana’s 25 years of gaming industry experience includes a successful


tenure as Creative Director for Play’n Go, where he oversaw the company’s development pipeline, as well as Game Director at Skymoons Edinburgh.


P10 WIRE / PULSE / INSIGHT / REPORTS


Mohegan Gaming has put a two year delay on the opening of Inspire Athens, comprising a casino and two hotels being planned for the landmark plot of Athens’ former international airport on the southern coast at Elliniko, taking the timeline to late 2026.


Te last communication on the casino's progress came from Greece’s Investment Minister, Adonis Georgiadis, who stated that the project would be ready for business by 2024. However, Ray Pineault, Mohegan’s interim CEO, explained to the Delphi Economic Forum in Athens, that the next steps in the process included signing the contract and clearing it with Greek auditors and parliament, saying it was expected to open in 2025 or 2026.


Mr. Pineault said: “Right now, we anticipate that upon conclusion of the negotiation process, permitting and design will take 12 to 18 months. We anticipate the IRC (resort) will grow international tourism in the Attica region by at least 10 per cent. It will be a facility that’s unique in all of Europe.”


Te casino is part of a wider €8bn project by


Entain brands Coral, Gala and Ladbrokes go-live with Evolution


UK


Evolution has gone live in the UK with online casino services for Entain group’s Ladbrokes and Coral brands, with the Gala Casino and Gala Bingo brands to follow. Entain already partners with Evolution for the provision of online casino in a number of major European and US gaming markets.


Evolution and Entain’s latest agreement will see Evolution launch its full suite of online games on Ladbrokes, Coral and Gala online platforms in the UK, starting with a selection of Evolution’s live game shows including Lightning Roulette and Crazy Time going live at Ladbrokes.co.uk and Coral.co.uk. Te full suite of Evolution live casino games and game shows, including upcoming release, Gonzo’s


Greek developer Lamda. Te development company said it was hopeful that it would be able to start construction in the autumn if it secures the go-ahead from the state in June. Inspire Athens will consist of a luxury hotel, entertainment venues, convention center, shopping, dining, casino, and a comprehensive mix of premium amenities. Lamda hopes that the development will help launch a new era of tourism growth in Greece.


Te iconic design of the building was created by Steelman Partners and draws inspiration from the architectural history of Greece, particularly from Athenian sculptures and buildings including the Acropolis and the Caryatids.


Te Inspire Athens development is estimated to create more than 7,000 jobs in the region during and after construction. Te completion of the Integrated Resort and Casino is expected to increase international tourism in the Attica region by at least 10 per cent and contribute millions of euros annually to both the government and the people of Greece in the form of taxes, infrastructure improvement, and public services.


Treasure Hunt, will be included, as will Evolution’s First Person RNG games. All of the games are available to players on smartphone, tablet and desktop. In addition to the new Evolution games line-up, Ladbrokes, Coral and Gala already offer their players world-leading online slots titles from Evolution’s NetEnt and Red Tiger brands.


Richard Barr, Gaming Director at LadbrokesCoral, said: “We are enormously excited to provide our thousands of players in the UK and globally with Evolution’s world-class online games.”


Gavin Hamilton, Commercial Director, Europe for Evolution commented: “Te UK market is a particularly important market for us. We are delighted that Ladbrokes, Coral and Gala customers will now have access to the full breadth of Evolution Group online games, including our very latest gaming innovations.”


France


With two years left to run on its casino concession, the municipality of Arcachon, the Gironde region of France, is evaluating the relocation of its casino while adding a luxury hotel to the mix. City officials published a notice of a call for competition on May 1 for a 'diagnostic, feasibility and programming study relating to a reconfiguration project for the buildings of the Casino and the Palais des congress for the realisation of a real estate complex made up of a casino of games, a palace conferences and a luxury hotel. Te objective of this mission is to determine the technical, economic, commercial, legal and functional feasibility of this project.' Te last time such a project was mentioned was in October 2017, before the municipality launched a new public service delegation, in 2018. Te Partouche group was granted a five year licence which runs until December 31, 2023.


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