New legal framework for Parnitha casino relocation to Maroussi
New legal framework for Parnitha casino relocation to Maroussi

New legal framework for Parnitha casino relocation to Maroussi

Under the new legislative framework the points in the Law 4499/17 were resolved and were deemed unconstitutional.
RE+D magazine
30.03.2021

Greek government has comprised in the bill of the Health Ministry entitled “Urgent arrangements for the protection of public health from the ongoing consequences of the COVID-19 pandemic and the reopening of Greek courts and other issues ”, details on the procedure and conditions for Parnitha casino relocation to Maroussi suburb. The bill has been submitted for vote in the Greek parliament.

 

The aforementioned article invokes reasons of public interest for the transfer of a casino company, that has been operating for at least a decade within the same region or, in the case of island regions, within the same island is permitted, provided that a number of conditions are cumulatively met.

Such as:

1. Inability to seamlessly and sustainably continue casino's operation in the existing location.

2. Increased and measurable public interest benefits accruing from moving the casino to another area within the same region or, in the case of island regions, within the same island. Such as, attracting players to the legal gambling network, operating conditions of the legal gambling market, the direct and indirect economic benefits for the State, the maintenance and increase of jobs, the environmental, spatial, urban or other benefits.

3. Comparative advantages from the relocation process instead of the closure of the casino in the existing location and the subsequent conduct of a tender procedure for the establishment and operation of a casino in another location such as avoiding the cost of early termination operation of the casino in the existing location.