Slovenia is not the only possibility

In an interview for a famous gaming magazine Jan Jones stated that Harrah's is searching for new gaming opportunities all over Europe and especially pointed out Slovakia and Croatia. However, in the same interview she repeated and emphasized that the only acceptable location for the mega gaming resort remains the same: Ajševica in the Nova Gorica region. Some speculations lead to the conclusion that JJ is trying to push on the Slovenian government so they would finally take their decision about the complex.


HIT is expecting a new visit from Harrah's

Harrah's Entertainment is sending a delegation to Slovenia to open the next chapter in the negotiations about the 750 million euros worth mega gaming project. Under the leadership of Jan Jones the Americans expect to achieve some progress, especially around topics regarding technical issues. It is possible that they will arrange all concerning things. It is important to emphasize that the letter of intent validity runs out on 15th December and after this date it is not binding any more.


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Jan Jones leaves Slovenia with a smile on her face
Jan Jones on her second visit in Slovenia

"I'm very satisfied with the conversations I had here in Slovenia, they were very constructive. We have made an important step, and we must continue in this direction to upgrade the current guidelines and contents of the project" said Mrs. Jones.

Mirko Brulc, the Nova Gorica mayor, introduced Ajševica region as the only possible location for the gaming resort in Nova Gorica commune. "The location has some advantages we will consider with our colleagues" said Jones and emphasised she would like to see the center in the Goriška area. She concluded: "This is very important for us, as Nova Gorica was chosen because of it's beauties, it's infrastructure and the vicinity of Italy and Austria. The right location is in my opinion here."


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Harrah's and Hit mega gaming and tourism project Discover Slovenia
Perla - Slovenian biggest casino

Hit and Harrah's Entertainment, Inc. (NYSE:HET) have agreed to jointly pursue a project that would deliver Europe's largest, first-class resort to Nova Gorica, Slovenia. The formation of this joint venture between Hit, the leading Slovenian tourist company, and Harrah's Entertainment, the world's largest destination entertainment company, is based on the readiness of the Government of the Republic of Slovenia to initiate the necessary procedures for passing laws that will allow the project to be carried out. The proposed development will include a 1,500-room world-class hotel, a conference-and-events centre, large wellness and swimming pool amenities, first-class dining, a casino, as well as entertainment, sports and retail attractions of the highest quality. The project's estimated value amounts to € 750 million.

Hit will own 51% of the newly established company, which will build the tourist and entertainment centre, while Harrah's will hold a 49% stake. “We intend for the project to serve as the tourist and entertainment centre for the region, generating international tourism,” said Niko Trošt, CEO of Hit. “The operations of the centre will also imply positive effects for various sectors of the regional and Slovenian economies.”

“This project is expected to include a broad range of entertainment options, including: entertainment, spas, shopping, casino entertainment, shows and concerts, with the hope that it will become a generator of tourist development across the entire Gorica Region and nearby tourist destinations in the areas of Bovec, the Vipava Valley, the Karst and the neighbouring Italian regions,” said Chuck Atwood, vice chairman of the board, Harrah's Entertainment. “It is estimated that over 90 per cent of guests are expected to come from abroad. Our future guests will be able to rely on Slovenia's well developed motorway and airport infrastructure.”

The parties plan for the proposed development will be a world-class tourist and entertainment centre which will include a five-star hotel with 650 rooms and a four-star hotel with 850 rooms, a convention-and-event facility with 2,000 seats, various restaurants with 1,400 seats, bars and clubs with 400 seats, a gaming-and-entertainment component with up to 3,000 slot machines and 120 gaming tables, as well as a wellness and swimming-pool centre, stretching over an area of 12,000 square metres. A nearby parking lot with 3,900 places is also planned. Apart from its long-term impact on the development of the regions and Slovenia's tourist industry, the centre could represent an extraordinary business opportunity for many companies and individuals. The construction itself may provide employment opportunities to as many as 4,500 people of different trades (engineers, builders, decorators and other contractors). After its completion, the centre could employ 3,200 people and yield significant tax revenues for the State and the local communities. Additionally the centre will require various products and services (food and beverages, various goods, maintenance and other services worth up to € 165 million a year) from local vendors, which will have a considerable impact on the growth of all sectors of the regional economy.

In planning the centre, the partners plan to closely cooperate with the local communities, since one of the key elements agreed to is the appropriate location of the centre within the local environment in line with the local development plans and the strictest environmental standards.



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