The latest bill submitted by the Ministry of Finance in Greece would facilitate amendment to the 4002/2011 law of the state whereby all the licenses granted to the twenty four companies would stand cancelled. It is noteworthy that such concerns had already deposited the requisite levies towards their business after issuance of the approvals for the same. Their gaming trade activities are expected to come to an end by January next year and there is no chance of any refund of the amounts paid by them for continuation of their operations. Such information has been made public just prior to the closing date, i.e. sixth December fixed by the Greek authorities for the unauthorized operators to GTFO or face strict penalties, fines or jail even. With a sharp eye on the outsiders, Greece is all out to compel them to remain out of the state and that’s the reason of such harsh steps. A good escape has since been made by William Hill and Betfair that have preferred to move away from the market due to the expected fines and detention by the government. OPAP, the operator from Greece may be able to enjoy its domination over the internet betting sector up to 2020 if all such disclosures from the Hellenic Republic are true.
State’s such an inflexible approach for the iGaming sector has since been condemned by EGBA, the European Betting and Gaming Association and RGA, i.e. Remote Gambling Association – the two prominent concerns of Europe’s iGaming sector. The complainants have submitted their pleas to the EU, i.e. the European Union with their expressions against such strict laws that don’t conform to the international strategies and are also not in line with the constitution.
It has been expressed by Sigrid Ligne, the secretary general of EGBA that Greece has been flouting the EU laws since a very long time. In fact, the Greek authorities themselves are not interested to offer a fair and smooth environment for the authorized operators of the EU and many things in the recent past have shown complete contradiction on the part of the Greek Government in terms of their indifferent gaming strategies. In fact, the state officials are quite uncaring towards the outsiders who don’t find a fair deal at their hands. Their biased attitude is just intolerable, express many operators. Many complaints have since been filed with the European Commission that must come up with appropriate legal initiations against the Greece authorities for restoration of the requisite legal status to the concerned persons and companies, said Ligne. As per the existing terms of the law, any concern found operating without the valid approval has to undergo sanctions.