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Harrah’s Entertainment Inc. and Hard Rock International Inc. have been chosen by developers to operate the first U.S. style casino resorts in eastern Europe.
While the government looks to promote tourism, jobs and investment, developers TriGranit Development Corp. and EuroVegas Hungary Ltd are trying to win support for the developments.
If the companies are able to overcome opposition from residents, clear legal and political hurdles then the two resorts will be built 12 miles apart where the borders of Slovakia, Hungary and Austria converge in order to draw gamblers from London to Moscow.
The billion dollar resorts will be complete with casinos, hotels, convention centers and swimming pools.
“You just have to look at eastern Europe,” Jan Jones, senior vice president for government relations at Harrah’s “It has hundreds of millions of people, but little gambling product. Their casinos are small, so we have an opportunity.”
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