Vegas gambling operators interested in European casino

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Monday, Sept. 10, 2001 | 11:06 a.m.

Three Las Vegas Strip casino operators have expressed interest in acquiring a stake in a casino near Athens, Greece, Reuters New Service reported.

Mandalay Resort Group, Venetian owner Las Vegas Sands Inc., and Aladdin minority shareholder London Clubs International are among 37 companies expressing interest in the Mount Parnes Casino resort, Greek Tourist Properties said in a statement. Greek Tourist Properties is the asset management arm of the Greek National Tourist Organization.

The Greek government wants to sell between 20 percent and 51 percent of the casino, and will require the purchaser to upgrade the property ahead of the 2004 Olympics in Athens.