Greece Submitted For The Approval Of The Eu New Rules Of Gembling Regulation

The ministry of finance of greece presented a draft of new rules for the work of the igor region to the european commission.

According to preliminary data, it is planned that the gambling regulator of the country will produce a separate type of license to provide gambling services online. Permissions will be delimited by two subspecies – for online betting and online gambling. The cost of the first licenses will be €3 million, the second will cost gambling operators in €2 million. Permissions – seven years.

Under strict control, there will be games associated with the slave generator of random numbers (gsh). The maximum rate for them will be limited to two euros. Maximum profit for one game session should not exceed €5 thouusand. Money prize in games with jackpot can not exceed €500 thouusand.

Special advertising rules will be valid for games based on the operation of hsh. It is understood that only online platforms on which they reproduce them can advertise them. In this case, the restriction does not apply to other forms of virtual gambling – sports rates, poker or other casino products. All of the above gambling entertainment can be available for persons older than 21 years.

It also became known that operators who violated the rules of the market and were blacklisted during the 2019, will not receive licenses.

According to the law adopted by the greek parliament in october last year, the companies that in 2011 were issued temporary licenses will be allowed to continue to work until march 31 of the current year. Aftert that, the application for a license must be reused.

The final decision regarding the regulation of the work of the gembling industry will be accepted after april 1, 2020.

Recall that the tax rules of operation of gambling operators can be changed in greece.