TER 20 DE AGOSTO DE 2019 - 17:11hs.
Hellenic Gaming Commission (EEEP)

Greece launches new consultation on iGaming rules

The Hellenic Gaming Commission (EEEP) has given the industry just 10 days to respond to its proposed online gambling regulations after publishing an updated list of rules. The updated draft rules include a number of amendments to the earlier set of regulations that were circulated for consultation in September and October. The regulator is now inviting comment from the gaming industry and other interested parties, though the consultation period closes on January 25.

The regulations cover sports betting and table games, with random number generated casino games still controversially omitted. Among the rules under consultation are responsible gambling controls, with the EEEP proposing a range of player protection measures.

Licensees will be required to feature responsible gambling information on all pages of their website, as well as offering players the ability for players to set wagering limits. Operators will also be required to intervene by restricting players' accounts if a customer displays signs of problem gambling.

Players will also have the option self-exclude online gambling either temporarily or permanently, with licensed operators required to check whether any new customers are listed on a national self-exclusion database before allowing them to gamble.

Licensees will also have the ability to exclude player from gambling, should they have a valid reason for doing so. Operators will be required to follow guidelines set by the EEEP for the self-exclusion process.

The EEEP has also moved to address concerns related to advertising and online gambling, setting out a number of rules for operators to follow. Licensees must avoid any malicious or offensive graphics and sounds in ads on their websites, while adverts should not block or overshadow the gaming area.

Companies seeking a online gaming and sports betting licences will face a fee of €5m (£4.4m/$5.7m). An individual sports betting licence will be priced at €4m, with operators having to pay an extra €1m to also offer igaming services.

Operators will also have to put up a €500,000 guarantee as part of their application, must hold a licence in another European Union country. However, companies that have been blacklisted in Greece within the past 12 months will not be considered for a new licence.

The new licences will run for five years, with operators required to renew their certification at least one year before the expiry date.

Source: GMB / Totally Gaming