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Greece Finally Unveils New Online Gambling Regulation

It will cost another €1 million if they want to offer more online gaming options. The licenses will be good for five years and applications for renewals must be made at least one year before a current license is due to expire. Operators who apply for licenses have to deposit €500,000 and be able to show that they possess a valid license to operate in another European Union jurisdiction. They must also submit financial records from the previous three years. Operators who have appeared on Greece’s gambling blacklist within the previous 12 months will not be allowed to apply for a new gambling license.

For the original version including any supplementary images or video, visit https://www.legalgamblingandthelaw.com/news/greece-finally-unveils-new-online-gambling-regulation/

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