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Greek government making changes on gambling law

Published date: 2022-05-26
Greek government making changes on gambling law

The Greek government has confirmed a relaxation of stake limits for online casino gambling and poker. It published the change in the Hellas government gazette, raising the maximum wager for online slots and table games from €2 to €20.

 

The change applies with immediate effect and applies to online poker and associated RNG games. The government has also doubled the limit for jackpots from €70,000 to €140,000.

 

The government made the decision after a review of the first year of regulated online gambling undertaken by the Greek Ministry of Finance. Hellenic Gambling Commission (HGC) president Dimitris Ntzanatos welcomed the move saying that the regulator supported the decision in its audit of the market in its first year.

 

As for game design, the Hellenic Gambling Commission (HGC) said that gambling operators have also been permitted to reduce spin times from three to two seconds. It has also extended the window for operators to connect to its compliance central monitoring system to December 2022. Some 15 operators have new Greek online gambling licences.

 

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