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Greek’s Planned Regulatory Reform on Gambling Faces Growing Opposition

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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 framework for the country’s casinos. According to officials at operational casinos the new regulatory regime creates better conditions for new industry stakeholders. Gambling executives also oppose the implementation of different corporate taxes for operators of existing venues and for newcomers.

The proposed scrapping of an entry fee for patrons is yet another provision that existing casinos have received with discontent. Under the draft bill, already operational gaming venues will first have to be given the nod from the Hellenic Gaming Commission in order to remove the entry fee. What is more, they will have to pay a compensation fee, which casino officials deem too high.

The sweeping gambling reform currently under consideration by lawmakers allows for the relocation of six existing casinos and the construction of three new casinos on the Greek islands of Mykonos, Crete, and Santorini. All three are popular tourist destinations and the opening of gambling venues is hoped to attract even a greater number of international travelers and boost Greece’s tourism industry and economy at a time when the country desperately needs additional revenue sources.

Mykonos Opposes the New Casino Proposal

News have emerged from Greece that officials from all three islands have opposed the proposal for the construction of gambling venues on their territories. However, it can be said that Mykonos officials have been most vocal in their discontent with the proposed gambling expansion.

Local media reported recently that Mykonos’ mayor, Konstantinos Koukas, has sent a letter to Greek Prime Minister Alexis Tsipras expressing the island’s opposition to the casino plan. In his letter, Mr. Koukas has said that the island has much more pressing issues to address, including the addition of more schools, hospitals, and infrastructure. The letter further read that only after these issues are solved, they could think about building a casino.

Island officials have also stressed on the fact that while the Greek government had conducted public consultation on the proposed casino expansion and the Mykonos municipality had participated in it, its stance on the matter had clearly not been taken into consideration.

Last month, the Mykonos City Council approved a proposal for a referendum at which islanders would be able to voice their opinion on the matter. Councilors also decided to launch a petition against the casino proposal and to authorize Mayor Koukas to take legal action in relation to the government’s decision to potentially authorize the construction of a casino on the island, despite the growing opposition to the move.

The post Greek’s Planned Regulatory Reform on Gambling Faces Growing Opposition appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.

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Eastern Europe

Playson seals new partnership with Romanian operator LasVegas

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Playson seals new partnership with Romanian operator LasVegas
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Playson, the fast-growing digital entertainment supplier, has collaborated with Romanian operator, LasVegas, to extend its strong presence within the region.

The deal will see LasVegas offer Playson’s wide range of titles to its ever-growing customer base, giving players the opportunity to sample a variety of slots carrying different themes and mechanics that are proven to drive engagement.

This includes Playson’s most recent game launches including Pirate Sharky, Treasures of Fire and Luxor Gold: Hold and Win.

Playson has already built a solid market share within the Balkans, securing commercial agreements with leading operators over the past 18 months, as well as being named Best Game Provider of the Year at the 2022 SiGMA Balkans/CIS Gaming Awards.

The addition of LasVegas to its Romanian operator network will benefit Playson’s outreach within the regulated market and ensure its footing becomes even stronger heading into 2023.

Tamas Kusztos, CCO at Playson, said: “Our presence within Romania is already well established and this latest partnership with LasVegas reaffirms Playson as a leading provider within the Balkans.

“LasVegas has proved itself over the past few years to be a brilliant online casino and we look forward to a fantastic collaboration with such a renowned name within the Romanian iGaming sector.”

Radu-Birsan Alexandru, CEO at LasVegas, said: “We are delighted to forge a partnership with Playson, particularly as its portfolio of games are highly respected around the world.

“Playson’s determination to deliver the best in entertainment matches our own ambitions, and we look forward to hosting quality titles in the future.”

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Eastern Europe

EGT Digital and Betano: One more strategic partnership in Romania

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EGT Digital and Betano: One more strategic partnership in Romania
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EGT Digital is proud of one more strategic partnership in Romania. The Bulgarian provider expanded its presence in the country after Kaizen Gaming, one of the fastest growing gaming companies internationally that operated with Betano brand, chose to offer their content to its customers. 18 games are now available to the visitors of ro.betano.com, among which are the 5 single progressive jackpots Rise of Ra, Versailles Gold, 20 Super Hot, 40 Super Hot, and Burning Hot. At disposal is also the bestseller Bell Link, containing popular titles such as Burning Hot Bell Link, Shining Crown Bell Link, and Vampire Night Bell Link. The selection is complemented by High Cash jackpot, which offers the attractive Leprechance Treasury, Dragon’s Realm, and Princess Cash.

Tsvetomira Drumeva, Head of Sales at EGT Digital, shared: “The cooperation with Kaizen Gaming through the Betano brand is very important for us and I believe our games will rank among the most popular propositions on their site as our titles have something for everyone. Some of them will appeal to the fans of single games and other are suitable for those players who enjoy having the ability to choose between different options.”

Dimokratis Papadimos, RNG Casino Product Manager at Kaizen Gaming, also commented on the cooperation with EGT Digital: “We decided to include the content of the Bulgarian company in our portfolio, since EGT Digital is among the top providers, offering gaming products with proven success in numerous markets and our main goal is to provide our customers only with the best. We are very happy that the results so far show that we have made the right choice.”

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Compliance Updates

Boldplay Secures Romanian Gaming Licence

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Boldplay, the rapidly expanding casino software provider known for its multi-channel solutions and in-play jackpots, has announced that it has received approval from Romania’s Oficiul National pentru Jocuri de Noroc (ONJN) that will allow it to offer its services at all online platforms licensed in the country.

Following hot on the heels of the company gaining approval from the Gibraltar Licensing Authority, the news represents Boldplay’s second market licence acquisition in as many months – with these endorsements sitting alongside previous game certification in the UK, Malta, Portugal and Isle of Man.

As a result of getting the go-ahead from the ONJN, Boldplay now finds itself well-positioned for entry into the Romanian market, where it will now be able to partner with regulated operators to offers its growing collection of 80+ slots, table games, bingo/keno options and scratch cards to players.

From both a client and customer perspective, the news certainly couldn’t have come at a better time, with Boldplay having rolled out two of its most ambitious releases to date in the form of Cyborg City and Warriors & Warlocks. With each of these titles boasting cutting-edge design and company-first features such as dual reels and unlockable upgrades, Romanian players will now have access to the hottest new Boldplay releases as well as the studio’s existing jackpots and bonuses.

Having recently been very active in terms of teaming up with aggregators such as Games Global, Slotegrator and EveryMatrix, Boldplay’s ONJN licence will open a lot of doors for the company when it comes to finding new potential partners in Romania.

Valli Fragoso, CEO of Boldplay, said: “Boldplay’s acquisition of a Romanian gaming licence from the ONJN is another significant step for our company and a key part of our future expansion plans. Sitting alongside our existing licensing from the GLA, this latest certification will enable us to forge new relationships with regulated operators and allow us to introduce our games in what is an exciting and rapidly developing market.”

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