Industry News
Two Greek Casinos Shut Down

The Hellenic Gaming Commission (EEEP) has announced the decision to shut down the Rio and Alexandroupoli casinos in Greece. The casinos were forced to close due to unpaid debts to the Single Social Security Entity (EFKA).
The report from EFKA indicates that the Rio casino had to pay over €25 million, while the Alexandroupoli owed €12.5 million.
The EEEP meeting that took place late last week ended with the decision to impose fines on the casinos of Corfu and Loutraki. The difference between these facilities and the ones that were forced to close is that they had settled their debts in the period between their summoning and the EEEP meeting. The commission decided to impose a fine once again instead of forcing them to close.
Greece has recently drafted new gambling legislation and submitted it to the European Commission. The main difference in the potential new landscape is to subject online sports betting and other games to different licences. The latter will only cost €2 million, while sports wagering operations will require a €3 million investment.
-
Africa4 days ago
New Governing Board of the Gaming Commission of Ghana Sworn in
-
Africa6 days ago
SA Rugby Renews its Partnership with Betway
-
Asia6 days ago
Polemos Announces Partnership with Guinevere Capital
-
Asia7 days ago
WiseGaming strikes content partnership with Zenith Gaming
-
Industry News7 days ago
iGB L!VE and Hippodrome Casino join forces for London iGaming Week
-
Africa5 days ago
BetKing Delivers Healthcare Services and Nutrition Support to Underserved Nigerian Communities
-
Compliance Updates6 days ago
ONJN Requests Meta and Google to Remove Illegal Gambling Ads
-
Asia5 days ago
QTech Games strengthens its elite suite with Bigpot Gaming