The Hellenic Gambling Commission (EEEP) has now released its set of new gambling regulations. The organization gave only ten days for the industry to respond to the new rules.
The new documentation comprises award procedures and licenses, compliance requirements, technical standards, and categories of events that involve standard betting procedures.
The consultation will close on January 25.
All operators with transitional licenses are to apply for full licensing, according to the rules stated in the documentation.
Greece has been under the radar. Pressured by the European Commission. It expected the country to develop a stable regime which is benefitting operators with more clarity on the current licensing program. The quick consultation turned into a problem since many operators are facing difficulties obtaining the verified document translations.
The goal of the new rules is to offer “credible and safe” games to adults of 21 age or more, offering transparency of all transactions.
Operators now have to supply chances of winning, game rules and instructions or information on where and how to get assistance in case of gambling addiction development.
Industry players now have to display responsible gambling messages and playing times.