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General13 years ago

Greece Approves Egaming Legislation

Greece became the latest European Union country to legislate egaming and poker for its population. Although final dates of implementation haven't been establishing by the Control Committee, potential operators applying for a license will be allow to advertise across all online and offline media prior to receiving a license.

The Greek parliament passed legislation that would allow EU-licensed operators entering the licensing process in Greece to pay 30% GPT and players a 10% tax on winnings during a six-month transitional period.

Betfair, which in June lodged a complaint with the EC regarding the exclusion of betting exchanges from the Greek law, is lobbying along with other operators to bring the Greek legislation more in line with established European legislation to make it less onerous on players and operators.

EU-based operators will be able to target Greek customers from servers based outside of Greece during the six-month transitional period, it remains unclear as to whether they will be required to locate servers within the territory once licences have been granted.