55 articles
Greek casino officials voiced concerns earlier this week that the planned overhaul of the country’s gambling industry favors new casinos over existing ones. A draft bill that calls for significant changes within the nation’s gambling sector is currently under consideration by the Greek government. Among other things, the piece of legislation proposes a new licensing […]
The Greek island is planning to hold a referendum against the creation of a casino industry in the territory. Municipal authorities from Mykonos, the Greek island that is a major tourist destination, are collecting signatures to hold a referendum on the Cycladic resort island against the creation of a gambling facility. After the proposal […]
The Greek gambling monopoly revealed that its new digital platform is on track for launch during Q1 2018. The betting company OPAP revealed late last week that its new digital platform is on track for launch in the first quarter of 2018. The Greek gambling monopoly also said that 100 self service betting terminals […]
OPAP Group (OPAP), the leading Greek betting and lottery operator and INTRALOT, a leading global gaming solutions provider, have agreed the extension of their cooperation in the field of numerical lotteries and services with the signing of a new three-year contract that also includes an option for OPAP to renew for an additional two years. […]
Following the announcements by the Minister of Finance about the overall regulation of the gaming market and taking into account the review of the existing statutory framework, the Chairman of the Hellenic Gaming Commission (HGC) formed a Working Group with the objective to study the operating framework for online gambling and submit proposals for its […]
The government is reportedly considering the opening of gambling facilities in three tourist destinations. The Greek government is reportedly discussing the provision of gambling facilities in three tourist destinations like Mykonos, Santorini and Crete. The gaming licenses are included in a draft bill tabled in Parliament. The three casinos have been severely discussed during […]
The first Intralot Hackathon adds a new dimension to the group’s culture of innovation. The first Intralot Hackathon was held with great success on November 24-26, at Intralot Innovation Center with the participation of over 50 employees and 16 mentors and coaches. Among 15 participating teams, the AR-Lot Team was ranked first for developing […]
Video lottery terminals and betting products helped OPAP report a strong performance in the third quarter. Greece-based OPAP revealed this week its third quarter results, in which the gambling monopoly totaled a 64 percent increase in net profit, driven by the roll out of video lottery terminals (VLTs) and betting products. The fifth-biggest betting […]
The Greek Parliament is expected to pass new amendments regarding the VLTs monopoly and the relocation of the Parnitha casino in the country. The Parliament is expected to pass this week a series of amendments regarding the contract between the state and gambling monopoly OPAP concerning video lottery terminals (VLTs), as well as the […]
Athens police have arrested 68 people in what is being hailed as the force’s biggest score against illegal gambling with the closure of an unlicensed betting den. The mini-casino was first identified on November 7 and was busted in a raid the following day. The facility was equipped with 46 computers on which punters could […]
Euclid Tsakalotos, Finance Minister of Greece, revealed on Friday that two bills will be presented to Parliament before Christmas. The bills will talk about the regulation of online gaming and the casino market. Tsakalotos’ claims come after a meeting of the house’s Financial Affairs Committee that talked about the revision of the legislation on video […]
Russia has snagged the first win in the legal battle to bring Alexander Vinnik, the man accused of laundering more than $4 billion through the BTC-e digital currency exchange he allegedly operated, back home. On Wednesday, Russian news outlet Ria.ru reported that the Council of Judges in Thessaloniki has upheld the request to extradite Vinnik to Russia, […]
New affiliate programme for Greek iGaming operator’s Stoiximan brand and Romania-facing Betano brand to be powered by Income Access platform Stoiximan, the Athens, Greece-based digital sports-betting operator, has launched an affiliate programme in partnership with Income Access, Paysafe’s digital marketing technology and services provider. Stoiximan’s new affiliate programme for its Stoiximan and Betano online […]
The country has agreed to reform its casino legislation in a move that would bring international investors. An Economy Ministry official has confirmed to local media that a bill that would contain a new tax status for gaming tables and slot machines will be introduced in the upcoming weeks. The legislation that is part […]
Tryfon Alexiadis, the Deputy Finance Minister of Greece has expressed the view that the current transitional period in which operators offer their online product in Greece has to end. The statement came last week and it’s believed to be the direct result of the economic crisis that has hit Greece last year. It seems that […]