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Greece
Address
Commission for the Supervision and Control of Games
17 Acharnon and Mavrokordatou Square
Athens, Attiki
Greece 104 38

Website

Email

Business Offices
+30 2111075000

Fax
+30 2111075005

View All Gaming Jurisdictions
 
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Greece Jurisdiction News

NYX Gaming Group expands footprint in Greece
The company is seeking to hire 50 additional people for its development center in the country.

Inspired announces virtual sports partnership with OPAP
The company will deploy its virtual sports products in Greece, following OPAP's reiteration of an agreement that was first announced in September 2016.

Inspired Gaming Group reports successful H2 2016
Developments for the company included the approval and deployment of virtual sports in Nevada, a contract with OPAP for 4,500 venues and high-profile brand partnerships.

Inspired enters Greek virtual sports market
The company has signed an agreement with OPAP, Greek betting and lottery operator, that will see its virtual sports content supplied across the retail network.

APCW Perspectives: Gambling news from North America and Europe
This week, J. Todd returns with stories out of California and Quebec, as well as online gambling news from Greece, France and the U.K.

Ralph Topping remains in the job, but sports book William Hill is seeking a new CEO
William Hill PLC is looking for a new chief executive to replace Ralph Topping, who has worked for the bookmaker since 1973. Topping was expected to step down this year.

Perspectives Weekly: Poker on trial -- skill game vs. gambling
J Todd reports on a U.S. Appeals Court decision that overturned a verdict involving poker as a game of skill, but what does that really mean for the industry? Also, industry news from Greece and New Jersey.

Greece sells 33% of Opap
Greece has sold 33% of the state owned Opap to Emma Delta, an investment fund.

New Permit regulations drive Betfair out of Greece
Betfair bail out of Greece, citing financially unviable market.

Greece settles tax rate with EU
Greece agrees a standard 10 percent tax-rate for both online and land-based gaming with the EU.

Greece

The Greek online gaming market is dominated by OPAP, the lottery and betting monopoly one-third owned by the Greek government.

In 2012, it looked like the Greek market was opening up to commercial competition. In November 2012, Greece began issuing temporary licenses to online gaming operators, giving them permission to offer their services in Greece.

But then Greece revoked the temporary licenses, freezing the competition out of the market, and allowed OPAP to implement and expand its online gaming operations.

Greece has also blacklisted more than 400 online gaming sites. ISPs are expected to block access to blacklisted sites, and banks are not permitted to process transactions with sites on the blacklist.

The Remote Gambling Association and the European Gaming & Betting Association are challenging Greece's new online gaming regulatory framework.

In March 2015, the Greek government announced plans to issue new online gambling licenses in an effort to raise EUR 500 million a year for the country. The licenses would cost EUR 3 million each and would be valid for five years.

In May 2016, tax on gross gaming revenue increased from 30% to 35%.

In September 2017, Greece’s Ministry of Finance announced plans to revamp its online gambling market, allowing the 24 operators who have been operating on "transitional" permits since 2011 the opportunity to apply for new licenses. Applicants must base their Greek-facing operations’ servers within the country and establish accounts with locally licensed payment processing institutions. Operators must also conduct their Greek-facing business via a .gr domain.

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Greece
Address
Commission for the Supervision and Control of Games
17 Acharnon and Mavrokordatou Square
Athens, Attiki
Greece 104 38

Website

Email

Business Offices
+30 2111075000

Fax
+30 2111075005

View All Gaming Jurisdictions
 
Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW!

Greece Jurisdiction News

NYX Gaming Group expands footprint in Greece
The company is seeking to hire 50 additional people for its development center in the country.

Inspired announces virtual sports partnership with OPAP
The company will deploy its virtual sports products in Greece, following OPAP's reiteration of an agreement that was first announced in September 2016.

Inspired Gaming Group reports successful H2 2016
Developments for the company included the approval and deployment of virtual sports in Nevada, a contract with OPAP for 4,500 venues and high-profile brand partnerships.

Inspired enters Greek virtual sports market
The company has signed an agreement with OPAP, Greek betting and lottery operator, that will see its virtual sports content supplied across the retail network.

APCW Perspectives: Gambling news from North America and Europe
This week, J. Todd returns with stories out of California and Quebec, as well as online gambling news from Greece, France and the U.K.

Ralph Topping remains in the job, but sports book William Hill is seeking a new CEO
William Hill PLC is looking for a new chief executive to replace Ralph Topping, who has worked for the bookmaker since 1973. Topping was expected to step down this year.

Perspectives Weekly: Poker on trial -- skill game vs. gambling
J Todd reports on a U.S. Appeals Court decision that overturned a verdict involving poker as a game of skill, but what does that really mean for the industry? Also, industry news from Greece and New Jersey.

Greece sells 33% of Opap
Greece has sold 33% of the state owned Opap to Emma Delta, an investment fund.

New Permit regulations drive Betfair out of Greece
Betfair bail out of Greece, citing financially unviable market.

Greece settles tax rate with EU
Greece agrees a standard 10 percent tax-rate for both online and land-based gaming with the EU.

 
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