Businessmen with Close Ties to Ruling Fidesz Acquire Concession Rights to Hungary’s Most Profitable Casinos for 35 Years

The concessions of Hungary’s five most valuable casinos owned by businessmen with close ties to ruling Fidesz have been renewed for 35 years without a call for bids, news site Telex reports. The several-decade-long extension was made possible by an amendment to the relevant legislation adopted earlier this year.
The five casinos (Atlantis, Atrium Eurocenter, Corvin Promenade, Sofitel, Tropicana) all found in Budapest used to belong to Hungarian-American film producer, Andy Vajna, who was a key figure in the Orbán …
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Businessmen with Close Ties to Ruling Fidesz Acquire Concession Rights to Hungary’s Most Profitable Casinos for 35 Years

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