Greece Debuts Pricey Permanent Online Licensing Plans

The Greek Ministry of Finance on Friday rolled out long-awaited proposals to introduce a permanent online licensing scheme in the country that would see companies pay up to €5m for the right to offer a range of gambling products.

In October 2017, finance minister Euclid Tsakalotos proposed a full re-regulation of the Greek gambling market within three months, but although new laws were quickly added for video lottery terminals (VLTs) and land-based casinos, online reforms have languished until now.

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