{"id":199,"date":"2019-04-09T00:00:00","date_gmt":"2019-04-09T00:00:00","guid":{"rendered":"https:\/\/gbc.ng\/greek-gaming-regulations-sent-to-european-commission\/"},"modified":"2019-04-09T00:00:00","modified_gmt":"2019-04-09T00:00:00","slug":"greek-gaming-regulations-sent-to-european-commission","status":"publish","type":"post","link":"https:\/\/gbc.ng\/index.php\/greek-gaming-regulations-sent-to-european-commission\/","title":{"rendered":"GREEK GAMING REGULATIONS SENT TO EUROPEAN COMMISSION"},"content":{"rendered":"<p><strong><em>EU\u2019s European Commission will look into new Greek gaming regulations, introduced to reform sports betting and table games.<\/em><\/strong><\/p>\n<p>Greece.- Greek gaming regulations may soon be changed as the government seeks to update them. The local government has submitted a number of reforms to the European Commission, which needs to approve them before they pass.<\/p>\n<p>The Hellenic Gaming Commission (<em><strong>EEEP<\/strong><\/em>) drafted the reforms to cover sports betting and table games. However, it omitted random number generated casinos games and generated criticism from Greek operators.<\/p>\n<p>The EC will look into the submission, which seeks to get regulations to catch up with the evolution of iGaming. The Greek Minister for Finance is waiting to get the green light (projected for July 2) and would then implement the changes.<\/p>\n<p>Regulators aim to divide licensing into two categories: a permit for betting games, either sports-related or not, and another one for the rest. Companies would be able to apply for both types and permits would have no amount limit.<\/p>\n<p>A sports betting licence would cost \u20ac4 million and an online gaming permit, \u20ac1 million. However, they would only be valid for one website per licence and all of them must have a Greece-based server.<\/p>\n<p>Online gambling companies in Greece registered gross profits of \u20ac356 million in the\u00a0<em><strong>first 11 months of 2018<\/strong><\/em>, showing a 30% increase when compared to the same period in 2017 and exceeded \u2013 by far \u2013 casino gross earnings.<\/p>\n<p>The 15 companies operating in Greece\u2019s online gambling market totalled approximately \u20ac125 million more in gross profits than the casino market, which during the same 11 months registered \u20ac222.8 million.<\/p>\n<p class=\"author__bio\" itemprop=\"description\">\n<p class=\"comment-form-comment\"><label class=\"show-on-ie8\" for=\"comment\">Comment<\/label><br \/>\n<textarea aria-required=\"true\" cols=\"45\" id=\"comment\" name=\"comment\" placeholder=\"Message\" rows=\"8\"><\/textarea><\/p>\n<p class=\"comment-form-author\"><label class=\"show-on-ie8\" for=\"author\">Name<\/label><input aria-required=\"true\" id=\"author\" name=\"author\" placeholder=\"Name...\" size=\"30\" type=\"text\" value=\"\"\/><\/p>\n<p class=\"comment-form-email\"><label class=\"show-on-ie8\" for=\"name\">Email<\/label><input aria-required=\"true\" id=\"email\" name=\"email\" placeholder=\"Email...\" size=\"30\" type=\"text\" value=\"\"\/><\/p>\n<p class=\"comment-form-url\"><label class=\"show-on-ie8\" for=\"url\">Url<\/label><input id=\"url\" name=\"url\" placeholder=\"Website...\" size=\"30\" type=\"text\" value=\"\"\/><\/p>\n<p class=\"comment-form-cookies-consent\"><input id=\"wp-comment-cookies-consent\" name=\"wp-comment-cookies-consent\" type=\"checkbox\" value=\"yes\"\/> <label for=\"wp-comment-cookies-consent\">Save my name, email, and website in this browser for the next time I comment.<\/label><\/p>\n<p class=\"form-submit\"><input class=\"submit\" id=\"comment-submit\" name=\"submit\" type=\"submit\" value=\"Send\"\/> <input id=\"comment_post_ID\" name=\"comment_post_ID\" type=\"hidden\" value=\"3314\"\/> <input id=\"comment_parent\" name=\"comment_parent\" type=\"hidden\" value=\"0\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EU\u2019s European Commission will look into new Greek gaming regulations, introduced to reform sports betting and table games. Greece.- Greek gaming regulations may soon be changed as the government seeks to update them. The local government has submitted a number&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,2,10,9,7,3],"tags":[],"class_list":["post-199","post","type-post","status-publish","format-standard","hentry","category-casino","category-europe","category-i-gaming","category-lotto","category-poker","category-sports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GREEK GAMING REGULATIONS SENT TO EUROPEAN COMMISSION - GBC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gbc.ng\/index.php\/greek-gaming-regulations-sent-to-european-commission\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GREEK GAMING REGULATIONS SENT TO EUROPEAN COMMISSION - GBC\" \/>\n<meta property=\"og:description\" content=\"EU\u2019s European Commission will look into new Greek gaming regulations, introduced to reform sports betting and table games. 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