Greece
Spinomenal steps into Greek market with Stoiximan
![Spinomenal steps into Greek market with Stoiximan](https://europeangaming.eu/portal/wp-content/uploads/2023/02/image_2023_02_22T12_38_05_847Z.png)
Leading iGaming content provider, Spinomenal has taken its first major step into the Greek market with a milestone partnership with Greek online sports betting and gaming leader, Stoiximan, operated by Kaizen Gaming.
Kaizen Gaming, one of the fastest-growing international GameTech companies, operates Stoiximan in Greece and Cyprus and has launched Betano in 10 more markets across Europe, South and North America. As the leading online gaming company in Greece in a well-established Greek iGaming market that continues to flourish and become increasingly competitive, Stoiximan decided to boost its market offering with a flurry of fantastic new games driven by Spinomenal’s fun, engaging graphics and innovative mechanics, exclusively to its Stoiximan customers for two months.
As part of the content deal, Stoiximan will gain access to a selected variety of slot games with a proven success record. Including crowd favourites such as Poseidonâs Rising, Demi Gods II, Book of Rebirth, Book of Rampage and Wolf Fang.
Lior Shvartz, CEO for Spinomenal commented: âThe Greek market is a mature but still highly attractive market that we are very pleased to finally be entering, partnered with Stoiximan, who share our fervent passion for creating fun and unique customer experiences.â
Dimokratis Papadimos, Product Manager, RNG Casino added: âStoiximan is committed to offering a special online casino experience to their customers, always within a safe gaming environment, where fun and Responsible Gaming go hand-in-hand. Itâs important to continually enrich the range of options, which is the driving force behind its new partnership with Spinomenal.â
Compliance Updates
Digitain Obtained Greek License
![Digitain Obtained Greek License](https://europeangaming.eu/portal/wp-content/uploads/2024/07/Digitain-Greek-License.png)
Digitain obtained the A1 Manufacturerâs License from the Hellenic Gaming Commission.
Digitain, a global leader in Sportsbook and iGaming solutions, has expanded its presence in European regulated market by obtaining a B2B license from the Hellenic Gaming Commission.
Iain Hutchison, Chief Revenue Officer of Digitain, said: “We are delighted that we have attained our B2B license from the Hellenic Gaming Commission. Digitain continues to expand across multiple regulated jurisdictions, and the Greek license is a further example of our vision and that of our teams’ commitment to regulatory compliance and the exemplary standards of our platform technology and focus as a company. We look forward to having our award-winning sportsbook and Centrivo platform and much more available within the Greek market as one of continental Europe’s largest and growing regulated markets.”
Compliance Updates
LiveG24 receives license to provide Live Games in Greece
![LiveG24 receives license to provide Live Games in Greece](https://europeangaming.eu/portal/wp-content/uploads/2024/06/live-games-provider-greece.jpg)
LiveG24 Ltd., a leading provider of live casino gaming solutions, is thrilled to announce that it has been officially licensed to offer its live games to the Greek market. This license, issued by the Hellenic Gaming Commission, allows LiveG24 to provide its premium live gaming services to all concessionaires holding valid Greek gaming licenses.
The certification marks a significant milestone for LiveG24 as it continues to expand its footprint in regulated markets across Europe. With this approval, Greek operators can now integrate LiveG24’s state-of-the-art live gaming suite, which includes a wide range of live dealer games such as Roulette, Blackjack, Baccarat, and other popular casino titles.
âWe are incredibly proud to have achieved this new license from the Hellenic Gaming Commission,â said Angelo De Gobbi, COO of LiveG24 Ltd. âThis approval is a testament to the quality and integrity of our live gaming solutions. We are excited to bring our immersive live gaming experience to Greek players and look forward to establishing strong partnerships with local operators.â
LiveG24 is renowned for its high-quality live streaming technology, professional dealers, and engaging user experience. The companyâs live games are broadcasted in real-time from sophisticated studios in Malta, ensuring players enjoy a seamless and authentic casino atmosphere from the comfort of their own homes.
Greek operators can now leverage LiveG24âs innovative features and flexible integration options to enhance their gaming portfolios and provide their customers with a superior live gaming experience. The certification underscores LiveG24’s commitment to compliance and excellence in the regulated gaming industry.
Compliance Updates
Hellenic Gaming Association Intensifies its Efforts to Combat Illegal Online Gambling
![](https://europeangaming.eu/portal/wp-content/uploads/2024/06/7-4.jpg)
The Hellenic Gaming Association (HGA) has intensified its efforts against the phenomenon of illegal online gambling, which has reached enormous proportions in recent years with incalculable economic and social impacts.
Following a lawsuit recently filed by the organisation under President Christos Panagopoulos against an internationally active company conducting illegal gambling in Greece without the necessary licensing from the Hellenic Gaming Commission (HGC), a new lawsuit targets two well-known Greek influencers. These influencers, through their social media content, promote unlicensed gambling websites.
These internet personalities have posted a series of videos encouraging their mostly young audience, including minors, to visit these sites by sharing how they âmanagedâ to win tens of thousands of euros by betting and playing on these illegal platforms. However, they conceal the fact that these are illegal gambling companies while enticing viewers with the promise of easy money.
It is important to highlight that their audience includes minors, who find an open door in the unlicensed environment where there are no controls or restrictions, unlike legal online companies where one must be at least 21 years old to open an account and play.
Besides the two Greek influencers, the association is planning to file reports to social media platforms and online services hosting ads and promoting unlicensed providers. Initially, they will approach the relevant departments of these organisations, and they may even take the matter to prosecutorial authorities. The initiatives undertaken by the HGA to combat illegal gambling often aim to fill the void left by the State, which is fundamentally responsible for addressing this open wound with appropriate actions, rather than a private entity.
The massive scale of illegal gambling in Greece was confirmed by a recent official survey conducted by the HGC in collaboration with KAPPA Research, shedding light on the hidden side of this illicit activity. According to the survey, 900,000 Greeks, or nearly 1 in 10, participated in illegal gambling at least once in the past 12 months, with an estimated astronomical expenditure of 1.7 billion euros in the unlicensed environment.
Of the total 1.7 billion euros, 1.1 billion was spent on illegal online games, and the remaining 600 million euros were associated with money spent in physical networks, such as unlicensed clubs and casinos. The average annual amount spent per player online reached approximately 1200 euros, while for land-based gambling, the corresponding amount was 738 euros.
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