Greece Casinos Face Proposed Changes in Operations as Hellenic Gaming Commission Introduces Trio of Innovations
Published on: August 7, 2023, 05:08h.
Last updated on: August 7, 2023, 05:08h.
The Hellenic Gaming Commission (EEEP) has proposed a series of changes to the operation of casinos in Greece, sparking discussions within the country’s gambling industry. One of the key changes being proposed is the establishment of a national self-exclusion register, intended to enhance player protections. The registry, to be managed by the EEEP, will contain information on players seeking to take a break from gambling and will include details of the ban duration and the licensee responsible for implementing the ban.
According to the draft regulation, players will have the option to choose the duration of their self-exclusion period, ranging from one week to 10 months. A player can only lift the self-exclusion after the chosen time period has elapsed by submitting a request to the EEEP. Additionally, the proposed law includes the provision for an individual playing card, allowing players to participate in casino games at physical establishments while connected to their online player accounts.
Another proposed law under discussion is the requirement for every licensed casino to have a studio space for operating live dealer games. These changes will be open for discussion until September 15, providing ample opportunity for members of Greece’s gambling industry to voice their opinions.
Next Steps and Key Innovations
Members of Greece’s gambling market are encouraged to offer their opinions on the proposed changes by September 15. After the debate period ends, the Ministry of National Economy and Finance in Greece will decide whether to put the suggested measures into practice. The Hellenic Gaming Commission views these proposed changes as significant innovations in the industry.
In a release posted on the EEEP website, the regulator stated that the draft law focuses on administrative control and operation of casino businesses. The consultation process seeks to take into account the perspectives of all interested parties.
Taking a closer look, licensed casinos may also be required to provide specialized training on Greece’s gambling regulations. This would involve the implementation of education and training programs overseen by training managers. The casinos would be expected to provide information about their programs to the EEEP.
Other Developments in Greek Gambling
Soft2Bet has been granted a business-to-business A1 license by the Greek regulator, which will support the company’s future development plans. Additionally, Greek gamblers can now access NetGaming games through Novibet, with popular slot machines like 3 Wild Jokers, Juicy Gold 100, and Lucky Vault already released, and more to come throughout the year.
In late June, the Hellenic Gaming Commission expanded its blacklist of illegal online gambling sites. This 37th update brings the total number of blocked domains to over 5,800.
The Greek gambling market was first regulated in 2011 with the introduction of the original Gambling Act. In 2018, a new law was implemented to revise the legal framework for licensing and operation of casino companies in Greece, aiming to increase competition and attract foreign investment.