Greece Online Gambling Regulation
2021年7月10日Register here: http://gg.gg/vcpwg
*Greece Online Gambling Laws
*Greece Online Gambling Regulations
Controversies with Market Regulation. The most significant piece of Greek gambling legislation came about in 1996. Under the claims of regulating sports betting and gambling in their jurisdiction, the Greek government awarded exclusive bookmaking rights to the State backed company the Greek Organization of Football Prognostics (OPAP). The Greek gambling industry, along with foreign companies, held its breath waiting for a new licensing regime for online casinos. At the legislative level, the activity of both land-based and online casinos is regulated by Law No. 4002/2011 of 2011, according to which only a limited number of operators (24 companies in total) gained the right to offer their services on the Greek gambling market. Note that possession of another license (of Curacao or Malta, for example) does not give the company the right to serve Greek players.
*The change of the government in Greece brought news to the field of online gambling as well. The new right-wing government proceeded to submit a new gambling law draft to the Greek Parliament on 9 October 2019 and it has significant differences compared to the one proposed by the previous left-wing government.
*The Greek Ministry of Finance submitted its draft gambling regulations to the European Commission in January 2020 after being passed in the country’s parliament last October. The submission confirms that separate licences will be made available for online sports betting and other online games, priced at €3m and €2m respectively.
*Early on in the history of online gambling, back in 2002, the government of Greece passed a law banning all forms of electronic gaming, in response to all of the internet cafes that were now offering it.
In September 2018, the Greek Ministry of Finance announced the development of an amendment to this law, which will expand the capabilities of online casinos. After multiple public consultations, the amendment was submitted to the European Commission for approval and ratification. Jacks casino northfield rd northfield oh. The new rules are expected to come into force in August/September 2019.
As of today, it is almost impossible to obtain an online gambling license in Greece. Since 2011, not a single company has done it—all of the above-mentioned 24 operators had been active in the Greek market before 2011. If this amendment is adopted (and experts are confident in that), then in the very near future the Greek market will be open for foreign companies which have fulfilled a number of conditions.License cost
According to the amendment, there will be two types of licenses:
*for online gambling, including sports betting and online casino games;
*for other gambling activities on the Internet.
Licenses will be issued for a 5-year period. In order to extend it, licensees must inform about their intentions not later than a year before its expiry date. In addition, one license can be held by only one legal entity—transferring rights and granting sublicenses are not allowed. According to the new rules, operators must submit an application to the Hellenic Gaming Commission, provide the required documents and pay a €10,000 fee. Upon the Commission’s approval, they must also pay €4 million into the budget.Other requirements for obtaining a license
*operators registered outside Greece must have their servers located in Greece;
*executive managers must not have a criminal record;
*an applicant is required to pay €500,000 as a security deposit to any banking institution in Greece or the European Union.Gambling taxation
At the time of writing, the following taxation scheme applies:
*operators pay 35% of their gross gaming revenue (the amount Greek players deposited minus the amount they won);
*gamblers pay player withholding tax calculated on a progressive scale (first 100 Euros won by a player are exempt from taxation)
Upon the adoption of the amendment to the online gambling law, our experts will familiarize themselves with the requirements of the Greek jurisdiction and will assist you in obtaining a license.16 January 2019
The Hellenic Gaming Commission (EEEP) has given the industry just 10 days to respond to its proposed online gambling regulations after publishing an updated list of rules.
The updated draft rules include a number of amendments to the earlier set of regulations that were circulated for consultation in September and October. The regulator is now inviting comment from the gaming industry and other interested parties, though the consultation period closes on January 25.
The regulations cover sports betting and table games, with random number generated casino games still controversially omitted.
Among the rules under consultation are responsible gambling controls, with the EEEP proposing a range of player protection measures.
Licensees will be required to feature responsible gambling information on all pages of their website, as well as offering players the ability for players to set wagering limits. Operators will also be required to intervene by restricting players’ accounts if a customer displays signs of problem gambling.
Players will also have the option self-exclude online gambling either temporarily or permanently, with licensed operators required to check whether any new customers are listed on a national self-exclusion database before allowing them to gamble.
Licensees will also have the ability to exclude player from gambling, should they have a valid reason for doing so. Operators will be required to follow guidelines set by the EEEP for the self-exclusion process.
The EEEP has also moved to address concerns related to advertising and online gambling, setting out a number of rules for operators to follow.
Licensees must avoid any malicious or offensive graphics and sounds in ads on their websites, while adverts should not block or overshadow the gaming area.
All adverts must be consistent with the terms and conditions of the game that they are promoting, while the EEEP has also made clear that ads should not target players who have been excluded from gambling.
In relation to advertising, all licensees must seek permission to use the images of any sports players in their adverts. Should operators breach any of the rules, the EEEP could move to suspend their licence.
Meanwhile, the updated list of regulations also set out measures regarding bonus features in games. The EEP said that unless advertised differently, bonus games should subject to the same theoretical paytable as all other games.
Operators will also be required to clearly set out the rules of bonus games to players, displaying how much a player can win and the range of features that are included in the game.
If players are required to collect a certain amount of symbols to trigger a bonus game, the licensee must make this clear. Consumers should also be made aware of how many games they have to play to secure the bonus offered, if the promotion includes multiple rounds.
Other measures set out by the EEEP include a requirement for all operators to have in place a central information system, intermediate control system and gateway control technology as part of their security set-up.
In addition the online gaming system must have the ability to detect the physical location of a player to ensure that they are situated in Greece.Greece Online Gambling Laws
The EEEP is yet to confirm when the new regulations will come into effect.
The expanded regulations follow a similar consultation launched in September last year, which set out costs associated with securing a licence in the country.
JACK Cleveland Casino is the downtown playground for serious gamblers with nearly 100 table games. Casino cleveland ohio. Chester Mountaineer Casino Racetrack & Resort Mountaineer Casino Racetrack and Resort of Chester is ideally located because it is a tri-states leisure destination (Ohio, Pennsylvania and West Virginia). This gaming h 1 reviews. Best Casinos in Cleveland, OH - JACK Cleveland Casino (2.8/5), MGM Northfield (2.6/5), JACK Thistledown Racino (2.7/5), Tuckers Casino (2/5), Jackpot Games (No ratings), Spinnerz (1/5), A J Sunny Entertainment (No ratings). First visit to Cleveland. Pleasantly surprised to see they had a casino. Jacks is the real deal, sits in the middle of the city like Harrah’s sits in NOLA. Poker room is large, and has a variety of.
Companies seeking a online gaming and sports betting licences will face a fee of €5m (£4.4m/$5.7m). An individual sports betting licence will be priced at €4m, with operators having to pay an extra €1m to also offer igaming services.
Operators will also have to put up a €500,000 guarantee as part of their application, must hold a licence in another European Union country. However, companies that have been blacklisted in Greece within the past 12 months will not be considered for a new licence.
The new licences will run for five years, with operators required to renew their certification at least one year before the expiry date.Greece Online Gambling Regulations
http://www.igamingbusiness.com/news/greece-launches-new-consultation-igaming-rules
Register here: http://gg.gg/vcpwg
https://diarynote.indered.space
*Greece Online Gambling Laws
*Greece Online Gambling Regulations
Controversies with Market Regulation. The most significant piece of Greek gambling legislation came about in 1996. Under the claims of regulating sports betting and gambling in their jurisdiction, the Greek government awarded exclusive bookmaking rights to the State backed company the Greek Organization of Football Prognostics (OPAP). The Greek gambling industry, along with foreign companies, held its breath waiting for a new licensing regime for online casinos. At the legislative level, the activity of both land-based and online casinos is regulated by Law No. 4002/2011 of 2011, according to which only a limited number of operators (24 companies in total) gained the right to offer their services on the Greek gambling market. Note that possession of another license (of Curacao or Malta, for example) does not give the company the right to serve Greek players.
*The change of the government in Greece brought news to the field of online gambling as well. The new right-wing government proceeded to submit a new gambling law draft to the Greek Parliament on 9 October 2019 and it has significant differences compared to the one proposed by the previous left-wing government.
*The Greek Ministry of Finance submitted its draft gambling regulations to the European Commission in January 2020 after being passed in the country’s parliament last October. The submission confirms that separate licences will be made available for online sports betting and other online games, priced at €3m and €2m respectively.
*Early on in the history of online gambling, back in 2002, the government of Greece passed a law banning all forms of electronic gaming, in response to all of the internet cafes that were now offering it.
In September 2018, the Greek Ministry of Finance announced the development of an amendment to this law, which will expand the capabilities of online casinos. After multiple public consultations, the amendment was submitted to the European Commission for approval and ratification. Jacks casino northfield rd northfield oh. The new rules are expected to come into force in August/September 2019.
As of today, it is almost impossible to obtain an online gambling license in Greece. Since 2011, not a single company has done it—all of the above-mentioned 24 operators had been active in the Greek market before 2011. If this amendment is adopted (and experts are confident in that), then in the very near future the Greek market will be open for foreign companies which have fulfilled a number of conditions.License cost
According to the amendment, there will be two types of licenses:
*for online gambling, including sports betting and online casino games;
*for other gambling activities on the Internet.
Licenses will be issued for a 5-year period. In order to extend it, licensees must inform about their intentions not later than a year before its expiry date. In addition, one license can be held by only one legal entity—transferring rights and granting sublicenses are not allowed. According to the new rules, operators must submit an application to the Hellenic Gaming Commission, provide the required documents and pay a €10,000 fee. Upon the Commission’s approval, they must also pay €4 million into the budget.Other requirements for obtaining a license
*operators registered outside Greece must have their servers located in Greece;
*executive managers must not have a criminal record;
*an applicant is required to pay €500,000 as a security deposit to any banking institution in Greece or the European Union.Gambling taxation
At the time of writing, the following taxation scheme applies:
*operators pay 35% of their gross gaming revenue (the amount Greek players deposited minus the amount they won);
*gamblers pay player withholding tax calculated on a progressive scale (first 100 Euros won by a player are exempt from taxation)
Upon the adoption of the amendment to the online gambling law, our experts will familiarize themselves with the requirements of the Greek jurisdiction and will assist you in obtaining a license.16 January 2019
The Hellenic Gaming Commission (EEEP) has given the industry just 10 days to respond to its proposed online gambling regulations after publishing an updated list of rules.
The updated draft rules include a number of amendments to the earlier set of regulations that were circulated for consultation in September and October. The regulator is now inviting comment from the gaming industry and other interested parties, though the consultation period closes on January 25.
The regulations cover sports betting and table games, with random number generated casino games still controversially omitted.
Among the rules under consultation are responsible gambling controls, with the EEEP proposing a range of player protection measures.
Licensees will be required to feature responsible gambling information on all pages of their website, as well as offering players the ability for players to set wagering limits. Operators will also be required to intervene by restricting players’ accounts if a customer displays signs of problem gambling.
Players will also have the option self-exclude online gambling either temporarily or permanently, with licensed operators required to check whether any new customers are listed on a national self-exclusion database before allowing them to gamble.
Licensees will also have the ability to exclude player from gambling, should they have a valid reason for doing so. Operators will be required to follow guidelines set by the EEEP for the self-exclusion process.
The EEEP has also moved to address concerns related to advertising and online gambling, setting out a number of rules for operators to follow.
Licensees must avoid any malicious or offensive graphics and sounds in ads on their websites, while adverts should not block or overshadow the gaming area.
All adverts must be consistent with the terms and conditions of the game that they are promoting, while the EEEP has also made clear that ads should not target players who have been excluded from gambling.
In relation to advertising, all licensees must seek permission to use the images of any sports players in their adverts. Should operators breach any of the rules, the EEEP could move to suspend their licence.
Meanwhile, the updated list of regulations also set out measures regarding bonus features in games. The EEP said that unless advertised differently, bonus games should subject to the same theoretical paytable as all other games.
Operators will also be required to clearly set out the rules of bonus games to players, displaying how much a player can win and the range of features that are included in the game.
If players are required to collect a certain amount of symbols to trigger a bonus game, the licensee must make this clear. Consumers should also be made aware of how many games they have to play to secure the bonus offered, if the promotion includes multiple rounds.
Other measures set out by the EEEP include a requirement for all operators to have in place a central information system, intermediate control system and gateway control technology as part of their security set-up.
In addition the online gaming system must have the ability to detect the physical location of a player to ensure that they are situated in Greece.Greece Online Gambling Laws
The EEEP is yet to confirm when the new regulations will come into effect.
The expanded regulations follow a similar consultation launched in September last year, which set out costs associated with securing a licence in the country.
JACK Cleveland Casino is the downtown playground for serious gamblers with nearly 100 table games. Casino cleveland ohio. Chester Mountaineer Casino Racetrack & Resort Mountaineer Casino Racetrack and Resort of Chester is ideally located because it is a tri-states leisure destination (Ohio, Pennsylvania and West Virginia). This gaming h 1 reviews. Best Casinos in Cleveland, OH - JACK Cleveland Casino (2.8/5), MGM Northfield (2.6/5), JACK Thistledown Racino (2.7/5), Tuckers Casino (2/5), Jackpot Games (No ratings), Spinnerz (1/5), A J Sunny Entertainment (No ratings). First visit to Cleveland. Pleasantly surprised to see they had a casino. Jacks is the real deal, sits in the middle of the city like Harrah’s sits in NOLA. Poker room is large, and has a variety of.
Companies seeking a online gaming and sports betting licences will face a fee of €5m (£4.4m/$5.7m). An individual sports betting licence will be priced at €4m, with operators having to pay an extra €1m to also offer igaming services.
Operators will also have to put up a €500,000 guarantee as part of their application, must hold a licence in another European Union country. However, companies that have been blacklisted in Greece within the past 12 months will not be considered for a new licence.
The new licences will run for five years, with operators required to renew their certification at least one year before the expiry date.Greece Online Gambling Regulations
http://www.igamingbusiness.com/news/greece-launches-new-consultation-igaming-rules
Register here: http://gg.gg/vcpwg
https://diarynote.indered.space
コメント