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After all, the tradition for this type of entertainment in the country dates back to its ancient roots, and evidence of it are found even in the myths about deities.
Back in the first attempts at imposing strict regulations began on behalf of the Greek government. However, due to improper wording, it ended up banning land-based gambling activities in the existent establishments and even video gaming as well.
Due to this, reactions from multiple operators came swarming in, and complaints were made on the lack of compliance Greek policies showed with the EU online gambling regulative.
In other words, the Act aimed to give the state-run operator OPAP full power and sole authorization to provide online casino and gambling activities in the country.
All the while, the HCG pursued their course of action, first off by giving all other operators a deadline to remove their services from the market.
The license lasts five years, but those looking to continue it will need to re-apply a year ahead, and pay the same amount as the first time.
Still, due to the massive interest on behalf of the player pool, the endeavour is well worth their while. Gambling has always been a popular activity among Greece-based players, and all the more so with the added conveniences of online and mobile gambling.
Many international casino brands, as well as smaller establishments, have entered the market, and provide Greek enthusiasts with a range of services.
The scope of games at these casinos is much like any other of the top ranking platforms. In fact, some of them are directly available to the Greek player pool, and offer players the following selection of online casino game types:.
UP TO. Despite the fact that most of the gameplay is done on offshore platforms, they are still keeping up with industry trends and aim to provide the best to their player pool.
As a result, players on these platforms residing in Greece can enjoy playing their favourite slots or table games at chosen casino platforms anywhere on the go, as long as they have a stable Internet connection.
On the other hand, some operators choose to handle this through a mobile-optimized instant-play website. Either way, with the latest tech advances, both options tend to run perfectly without overcrowding your smartphone or tablet device, allowing you gameplay everywhere on the go.
Banking was also up for discussion and regulation during the more restrictive days of legal online casino and gambling licensing in Greece.
Nevertheless, even as it is, online casinos catering to these players boast a satisfactory range of banking options. These include:.
And with Greece being a part of the EU, players choose the EURO as their preferred currency, making them eligible to use these and other payment methods quite easily, and often without any currency exchange fees.
Are there fully equipped online poker rooms available for online players from Greece? Yes, aside from online casinos, poker rooms are also provided to these online players by international offshore operators.
What are the specific poker variants available at Greek online casinos? Which online casino software providers normally feature their games at these casinos?
Greek gambling laws are hard to comprehend for many outsiders. On the other hand, players are seldom banned from casinos, so long as they enjoy their gaming in the privacy of their household.
Still, a law sought to outlaw all online gambling in Greece, though the law effectively only ended betting on games in Internet cafes. Even today, people who want to play games of chess on their computer in a cafe might be hassled, especially if money is on the line.
Betfair officials were outraged when they learned the new laws required sites registering with the Greek government to incorporate in Greece subjecting them to prohibitively high Greek taxes , the requirement that the sites be hosted and licensed inside Greece, and a blanket ban on exchanges.
All of these additions seemed to target the very company being consulted, so they made little sense. This is clearly unworkable, especially since such a process is sure to drive gamblers away from any casino that forced them to obtain a license.
In an industry where the trends are toward quicker signups and less fuss to attract more customers, this would be a sure way to have no customers.
The European Commission rejected these proposals and sent them back to the Greeks for redaction. For now, Greek online casino laws are in limbo.
One bit of good news for Greek online gamblers is their local gambling statutes seems to allow unlimited online games of chance.
Bets in foreign casinos available online in Greece may accept euros and U. Initially the Greek government was firmly opposed to the developing market of online gambling, decreeing it illegal in due to social concerns.
Due to seemingly ambiguous wordings in the law, online casino operators started to grow in number in Greece despite this during the early s.
Some commentators speculate that partly due to the acceptance of failure in being to completely enforce this ban and perhaps partly due to realising what revenue could be generated by making online gambling legal, the Greek government finally deemed online gambling legal in , with the Gambling Act.
So as to the question of are online casinos legal in Greece right now, the answer is a definite yes.
For potential online Greek casino operators, the estimated cost of obtaining a licence will set you back roughly 3,, Euros and will be issued valid for a five-year period only.
The regulatory body, HGC also has the power to blacklist and fine operators not upholding its values.
Although it seems that allowing gambling operators the opportunity to obtain licences seems quite democratic, the reality that actually occurred was that the Greek Organisation of Football Prognostics OPAP ended up having a monopoly on the online gambling market.
With a legislative bill aimed at boosting the development and expansion of land-based casinos scheduled for review and possible approval later in As they say, the only constant is change.
This adage holds particularly true when one considers that changes in laws and legalisations of all kinds are inevitable.
Here at Scams. According to the Greek gambling laws concerning tax revenue, Greek players who earn winnings from lottery games and thereby games of chance or sports betting are required to pay tax.
The current laws insist players declare their winnings within 30 days after the favourable outcome. In contrast to this, a potential future for Greek online and land-based operators alike is the possibility of a required rise in their total tax contributions to the state, depending of course on this impending bill.
When compared to the taxation situation of some of its EU member state neighbours, a number of interesting contrasts emerge concerning gambling attitudes and taxation.
For example, in some countries such as in the UK, Belgium, Czech Republic, Slovakia, Spain or Denmark, only the betting companies themselves are subject to tax from their gross incomes.
What these trends have in come is that one fact jumps out; that is way better to be a player than an operator when it comes to paying tax.
This is the law that sets the terms and conditions under which all gaming and gambling operators are allowed to be offered by the administrative authorities, the HGC.
After the law was first implanted in , foreign offshore operators were also permitted the right to apply for licensing. Pursuant to the provisions of this law, an administrative license is required for the conduct and operation of games using gaming machines or for online games.
Third-party non-license holders may also, exceptionally, operate games using VLTs, pursuant to the provisions of paragraph 6, article Games and gaming machines must be certified in accordance with the provisions of this law..
Until the finer details are ironed out, some locals may continue to seek international gambling websites instead that accept Greek players, which of course could be detrimental to the growth of the industry.
Perhaps this hit to the total revenue generated by land-based casinos will incentivise the Greek government to review their online casino markets.
According to a recent survey by Statista. Gambling in Greece generated an impressive 2. Within this statistic, this GGR total amounted to 1.
During our research into the best online casinos in Greece, we were also able to collect some more info on the current Greek market and its relationship with the Organisation of Football Prognostic S.
A OPAP , which helped us to understand better the complexities and controversies surrounding the Greek market in recent years.
The modern history of how intertwined the OPAP and Greek state are goes all the way back to when the organisation was first established.
Although it is now privatised, there was an initial time when the OPAP was state owned. Taking this into history into consideration plus the fact that up until now that all of the 24 online gambling licenses ever issued in Greece went to the OPAP in , it is unsurprising then that the connection between these two entities has led to the constant accusations of scandals, cronyism and protection ever since.
What leaves a sour taste in the mouth of some Greek players and operators is that the surplus slot machines can only be purchased from OPAP due to its monopoly on land-based casinos, meaning they get a cut of the action regardless.
This is despite the quality of the top online casinos in Greece. Startlingly, a high percentage of this revenue generated was due to Greek players visiting international offshore sites and putting on bets.
Some smaller Poker brands Poker Stars etc. The final EU regulations due to be enforced as soon as possible which will most certainly cause a drastic reshaping of the online market.
World famous for its beauty, history and culture, Greece unsurprisingly has developed a thriving, industry with something to offer everyone.
Found close to the big cities and bustling resorts, casinos form a big part of the cultural landscape for those who want to enjoy luxury or merely try their luck at the considerable number of casinos found throughout the country.
In the past decade, there has been a rapid growth in the number of casinos in Greece largely due to tourism. Apart from the islands of Corfu, Rhodes and Syros, most of the nine casinos are to be found scattered throughout cities on the mainland.
Located in the stunning Athens city suburb of Acharnes, the Regency Casino Mont Parnes holds not just the special esteem and honour of being the largest on-land casino in the entire country but was also the first casino in Greece.
Located in the heart of the National Forest of Parnitha, not only is this casino located in a spot of stunning beauty richly steeped in history but it also sits at an altitude of 1, metres , presenting visitors with an unforgettable breath-taking natural view that offers not just a lasting impression but also a stark contrast to all the glamour and glitziness that exists within the establishment itself.
Open around the clock, the Regency Casino Mont Parnes takes pride in its 52 table games and game machines. It also accommodates an approximately m2 poker room that is open every day from 3pm until 6pm.
Please bear in mind that you must be at least 21 years of age or older to partake in these cash games and tournaments or to play the slots or table games.
Open around the clock and located in the ever-exciting, beautiful cultural hub that is the Greek city of Thessaloniki , the Regency Casino Thessaloniki is another top, must-see Greek casino.
No stranger to luxury, this casino offers its guest a unique experience that holds a special place across Europe. Compared to our previous review entry, this casino boasts an even higher amount of gaming slot machines available, to be exact!
In more ancient times, the region of Loutraki was renowned since for its beautiful landscape that was a bountiful home to natural mineral water and hot springs that inspired many to come and visit.
Another resort on this list of imposing size, this casino comes fully equipped with an extravagant total gaming room area of 5, m2 spread across two levels , in which you can expect to find 82 table games, slot machines, 35 terminals for electronic roulettes as well as two separate VIP lounges all for your pleasure.
Yet another hotel esteemed for its elegance, the Club Hotel Casino Loutraki actually rewards its players who use card at the tables or slots machines with points that can be later redeemed for a stay at the five-star hotel or meals at the fine-dining Neptune restaurant which are also part of the facility.
Players at the resort can enjoy unlimited access to play the wide array of slot machines at any time of the day or night as the casino is open 24 hours from Monday until Sunday.
For the potential patron seeking live table games, the resort has your needs covered too as live table games happen every day from 1pm until 7am.
Gamble safely! However, it is worth mentioning that the history of gambling in this part of the world goes all the way back to the 3rd century BC.
In comparison to the times we find ourselves in, during the past decade alone, Greece has experienced lucrative growth to both its online and on-land gambling markets.
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