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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.

Source: Eastern European Gaming

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Eastern Europe

Amazon Games Expands Global Footprint with New Development Studio in Europe

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Amazon Games Expands Global Footprint with New Development Studio in Europe
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Amazon Games announced it has opened a new game development studio in Europe, based in Bucharest, Romania. The studio expands Amazon’s commitment to developing and publishing games as it joins the ranks of the existing development teams in Orange County, Montreal, San Diego, and Seattle. The new studio will focus on supporting Amazon Games’ diverse portfolio of games now and in the future. Amazon Games is actively hiring to build out the talented team, with many active roles open now.

“Amazon Games is focused on developing and publishing great games, and we have an ambitious long-term roadmap in front of us,” said Christoph Hartmann, VP of Amazon Games. “Expanding our internal development teams into Europe was a natural next step for us as we tackle our broad portfolio. Bucharest is known as one of the top emerging European cities for game development and we look forward to tapping into the rich talent pool.”

Amazon Games has hired industry veteran Cristian Pana to lead the studio. Cristian brings more than 20 years of experience building video games, most recently serving as the Managing Director at Ubisoft Bucharest. Cristian’s experience spans some of video games’ biggest games and franchises, including Tom Clancy’s The Division, The Crew, Far Cry, and Avatar and diverse genres, from driving games, action adventure open world games to shooter RPGs.

“I’m thrilled to join Amazon Games at a time when the team is actively building across an exciting roadmap,” said Cristian Pana, Studio Head for Amazon Games Bucharest. “I’ve built and led outstanding teams in the past and I know this area of Europe is a hot spot for some of the very best talent in gaming.”

The new studio supports Amazon Games’ vision of developing and publishing games that foster community in and around its games. The expanding portfolio from Amazon Games includes two launched live-service games, New World and Lost Ark, announced projects including Tomb Raider, The Lord of the Rings, and Throne and Liberty, as well as unannounced projects from our San Diego and Montreal studios, and the independent studio Glowmade in the UK.

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Compliance Updates

CT Gaming Obtains New Certification for Diamond King 3 in Romania

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CT Gaming has announced that its exceptional multigame, Diamond King 3, has been certified under the new regulations in the Romanian market.

“With the introduction of new technical regulations in Romania, we had to adapt our practices and obtain new product certifications. This certification represents a significant milestone, further solidifying CT Gaming’s presence in the Romanian market. Thanks to the work of our outstanding team, we were able to secure the necessary measures to ensure our clients and distributors can operate without any issues,” said Robert Stancu, Sales Manager at CT Gaming, Romania.

Diamond King 3 is the company’s premier multigame, showcasing CT Gaming’s commitment to delivering an exceptional gaming experience by combining classic titles with new releases. The multigame features 50 captivating games, including the legendary Mega Jack trio—Aztec Gold, Slot-O-Pol Deluxe and Champagne 20— which is now better than ever. Additionally, 20 games are linked to the exciting 3-level Diamond Tree jackpot. This combination offers players a diverse and thrilling gaming experience, with the potential for both small and large winnings.

Robert Stancu added: “The unique blend of iconic titles, innovative themes, and jackpot features are all designed to create memorable experiences for players and contribute to our customers’ success. The inclusion of ‘Give Me 5 Clovers’ adds a fresh and exciting dimension to the multigame, and we are confident that players will embrace the diverse gaming experience that Diamond King 3 offers.”

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Eastern Europe

BGaming builds momentum in Romania with Skywind Group

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BGaming builds momentum in Romania with Skywind Group
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Popular iGaming content provider BGaming has penned one more Romanian content partnership with global supplier Skywind Group.

As part of the deal, the online casino provider is set to benefit from BGaming’s engaging and forward-thinking portfolio of BGaming’s games, including top performing titles of the year, such as Aztec Magic Bonanza, Wild Cash and Space XY.

The move follows BGaming’s acquisition of a Class II licence from the Romanian National Gambling Office and a subsequent successful partnership with Superbet and Maxbet earlier this year.

Founded in 2012, Skywind Group has enjoyed exponential growth over more than a decade, with its portfolio featuring more than 300 games. Live in more than 19 regulated markets, the provider has also integrated its content with more than 1,000 operators.

BGaming’s collaboration with Skywind Group will initially focus on Romania, with future plans to expand into Colombia with the premium content provider, highlighting the studio’s impressive growth trajectory.

Olga Levshina, CCO at BGaming, said: “We are proud to further our reach in Romania by partnering with Skywind Group, a supplier that shares our passion for providing the most creative content in the market.

“We look forward to further growth with Skywind, with plans to expand into Colombia, but for now we hope their Romanian players continue to enjoy our fun and engaging games.”

Alina Popa, Business Development Manager at Skywind, said: “We are delighted to be providing BGaming’s top-tier, certified games to our players in Romania.

“BGaming is known for its player-first ethos and we know that the content offering is developed specifically with player feedback in mind. For this reason, we anticipate a long and successful partnership.”

 

BGaming is a fast-growing iGaming content provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 1,000+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 100+ products with HD graphics and a clear user interface for every device. The studio is also known for its brand exclusives created in partnerships with leading operators in the industry.

 

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