Lamda ahead of the issuance of the casino license in Hellinikon
Lamda ahead of the issuance of the casino license in Hellinikon

Lamda ahead of the issuance of the casino license in Hellinikon

A casino shall continue to be part of the Lamda Development's business plan for Hellinikon project
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RE+D magazine
27.10.2021

A casino shall continue to be part of the Lamda Development's business plan for Hellinikon project.

Lamda DEvelopment unveiled in an announcement on the Athens Stock Exchange that:

"was informed by the letter dated 25.10.2021 sent by the HRADF that on 22.10.2021 the Hellenic Gaming Commission submitted to the Court of Audit the additional supporting documents related to the tender for the award of a casino license, in addition to the contents of the file that had been already submitted on 08.03.2021, for the purposes of completing the pre-contractual audit of the tender.

Therefore, as provided in the Memorandum of Understanding, the operation of a casino shall continue to be part of the Company’s business plan for the Project.

The Company anticipates the completion of the relevant tender process as well as the issuance of the casino license."