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Thursday, March 29, 2012

10 Georgekopoulos Properties in Florida

I came up with 10 properties purchased by the Georgekopoulos' since 2005. 8 by Ted Georgekopoulos, one by George Georgekopoulos and one by Pete Georgekopoulos.  9 are in Bay County and 1 in Pinellas County (Fla). The total amount paid for them was $1,321,600, only the 5 purchased in 2012 and 2011 will reflect 'today's prices', so the worth of these 10 properties may be about $820,000 at today's market prices.  


Also note that the Nautilus Cove Condo #513 was purchased under the Owner Name of 'Elite Enterprises of America' an Ohio LLC belonging to Pete Georgekopoulos.  I only checked 6 Florida counties so there may be others.


Right click and open in new screen for larger images:






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GEORGEKOPOULOS Cove Condominium?

from:  http://nautiluscondosrules.blogspot.com/

Recent purchases at NCC by the Georgekopolus's may have us renaming the complex as the Georgekopolus Cove Condominium.

502 (2/2) purchased by Ted G for $65,000 on 5/06/11 (orig price $160,000 7/07)
205 (3/2) purchased by Ted G for $69,500 on 1/18/12 (orig price $159,900 11/06)
106 (4/3) purchased by Ted G for $83,500 on 2/16/12 (orig price $193,900 11/06)
210 (3/2) purchased by George G for $73,000 on 5/6/11 (orig price $179,900 5/07)
513 (2/2) purchased by Elite Enterprises Pete G for $65,000 on 3/20/12 (orig price $152,900 2/07)
(the bulk of the purchases are for Freddy and Fanny foreclosures)

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Ohio.com > News >
Gaming cafes get reprieve from new law
Owners claim county aims to ruin industry

By Phil Trexler and Rick Armon
Beacon Journal staff writers
Published: June 11, 2010 - 02:30 AM | Updated: June 18, 2011 - 10:11 AM

Owners of 777 Sweeps and other internet-gaming parlors are challenging Summit County's tough new rules. (Karen Schiely/Akron Beacon Journal)


A judge on Thursday granted a temporary injunction blocking Summit County from enforcing new laws aimed at storefront Internet-cafe gaming parlors.


Common Pleas Judge Tom Parker set a June 24 hearing date. For now, the county's ordinance remains in limbo and the Springfield Township shops, which were the targets of the injunctions, remain open.


Richard A. Bowling, who operates 777 Sweeps on Canton Road, and George Georgekopoulos, owner of Cyber Island, also on Canton Road, filed one of two lawsuits challenging the law Thursday.  Their attorney said the goal is to have a judge declare the fledgling county ordinance unconstitutional.'' It's our position that County Council wanted to shut down these lawfully operating businesses, not merely regulate them,'' said attorney Donald Malarcik.


Attorney Edmund Sawan filed a similar lawsuit on behalf of Frank Calabrese, owner of the Massillon Road Internet Connection. Sawan could not be reached for comment.


Jason Dodson, chief of staff for county Executive Russ Pry, and county Councilwoman Paula Prentice, who spearheaded the law, declined to comment Thursday.  Passed in May, the county's ''Entertainment Device Arcades'' ordinance was to take effect today and enforcement by police was to begin after 4 p.m.


County law requires the businesses to obtain an annual $1,000 license from the Office of Consumer Affairs, submit detailed paperwork identifying the owner and all workers, and pay a $200 fee per machine every six months.


The businesses also are prohibited from operating past midnight and may reopen no earlier than 10 a.m. Monday through Saturday. The hours would be 1 p.m. to midnight on Sunday. No one under 18 is permitted inside.


Springfield police, prior to the judge's order, visited the stores on Thursday reminding the operators of the law and its ramifications. Officers and the Summit County Sheriff's Office said they were prepared to enforce the countywide statute.


The cafe operators contend in their lawsuits that they are operating lawful businesses and that the county's ordinance is ''overbroad, vague, burdensome'' and in violation of constitutional guarantees of due process and equal protection.  County Council members said in May that they approved the gambling law to provide more oversight of Internet cafes, sweepstakes parlors and skill arcades in the county's nine townships.


According to the county Office of Consumer Affairs, a couple of businesses have taken out applications for a license but none had been returned as of Thursday afternoon.


County Council took up the issue after complaints fromSpringfield and Coventry township trustees about too many of the businesses springing up in their communities.  Officials say the businesses fled to the townships after cities such as Akron and Tallmadge started regulating them.  Unlike cities and villages, townships have no regulatory authority.


The business owners have said they aren't opposed to some oversight, but they don't want to be regulated out of business. They also have complained that they've been unfairly labeled as illegal underground operations.

article at:  http://www.ohio.com/news/gaming-cafes-get-reprieve-from-new-law-1.187314