Tag Archives: Hellas

Greek Commission launches consultation on casino reforms 

SBC News Greek Commission launches consultation on casino reforms 

The Hellenic Gaming Commission (EEEP) has launched a consultation seeking stakeholder feedback and opinion on proposed changes to Greece’s gambling laws. The consultation will review the ‘draft gaming regulation’ aimed at modernizing practices in the regulatory, supervisory, and auditing functions of the country’s gambling sector. In addition, the draft proposal has recommended new ‘administrative controls’ to be imposed on casino …

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Stoiximan growth helps OPAP offset retail blues 

SBC News Stoiximan growth helps OPAP offset retail blues 

OPAP SA has reported a ‘further solid trading period’, as online growth credited to its newly integrated Stoiximan assets have offset continued lottery and VLTs declines.  Publishing its nine-month management performance statement, the Athens-listed gambling group registered a 16% increase in corporate revenues to €1.04 billion (YTD2020: €898m).  A breakdown of unit performance saw OPAP’s betting division achieve a 55% …

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HGC requires disclosure for key services and personnel

SBC News HGC requires disclosure for key services and personnel

The Hellenic Gaming Commission (HGC) has announced to all legal entities and interested parties that it has begun to accept submissions to register key personnel, suppliers and services for its licensing procedure.  The HGC is allowed to expand its licensing process to cover further applicant information following the European Commission’s approval of amendments and controls submitted by the Greek Ministry …

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Hellas index recognises SG Digital as top tech employer 

SBC News Hellas index recognises SG Digital as top tech employer 

The annual ‘Hellas – Great Place to Work’ index has ranked SG Digital among Greece’s top technology and digital sector employers.  Ranking seventh in the overall company index, SG Digital was recognised for developing ‘excellent workplace learning environments’ and supporting all levels of its workforce with ‘effective talent management’ programmes and resources.   Scientific Games’ digital unit was joined in the …

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Greece sets affiliate licensing conditions for revamped gambling market

SBC News Greece sets affiliate licensing conditions for revamped gambling market

Further requirements published in Greece’s approved new gambling bill, will require affiliate marketing partners to register and pay a €1,000 licensing fee with the Hellenic Gaming Commission (HGC). This October, following a year of deliberation, the Greek Parliament progressed final amendments of its new gambling bill, which will introduce a modern regulatory framework for online gambling services. Serving as lead …

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Year of adjustments sees OPAP financials impacted by higher taxes and infrastructure costs

SBC News Year of adjustments sees OPAP financials impacted by higher taxes and infrastructure costs

Presenting its full-year 2016 results, Greek gambling operator OPAP details that its financial performance has been impacted by higher tax charges combined with a higher operational outlay as the firm prepares for significant operational changes in 2017 While OPAP sustained total group wagering at €4.2 billion and group gross gaming revenues at €1.39 billion, the firm’s earnings and profit metrics would …

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