Which casino has License for the Greek market?

[nikantw]

Among the companies that can temporary advertize their services legally are, Yez Gaming, Gambling Malta Ltd, B2B Gaming services Malta Ltd, STS Sportwetten, Eldorado Sportwetten, Goaldbet, Grandex, Championsbet.net, Casinostar777.com.

[nikantw]

24 are, according to informations, the companies that received provisional authorization of activation in the domestic online market, in the frame of law 4002/2011 that aspires, but still does not accomplish, to regulate gambling in Greece. Between these we don't find any of the big names, which represent the 80% of the 5 billion of annual online betting in Greece. The corporate forms that have received provisional authorization are:

AS IMG KASIINOD
Î’2Î’ GAMING SERVICES MALTA LIMITED
CASH POINT (MALTA) LIMITED
DIAMOND LINK LIMITED
DOMS CARS EΠΕ
DOMS HOLDINGS EΠΕ
ELDORADO SPORTWETTEN GmbH
GAMBLING MALTA Ltd
GLB GmbH
KINGMAKER LIMITED
LOGFLEX EΠΕ
LOVE 2 CELEBRATE EΠE
LUCKY STREAM LIMITED
MAGIC SERVICES LIMITED
MERIDIAN GAMING LIMITED
ON LINE AMUSEMENT SOLUTIONS LIMITED
ON LINE AMUSEMENT SOLUTIONS NV
PADDY POWER P.I.C.
PERSONAL EXCHANGE INTERNATIONAL LIMITED
REBELS GAMINE LTD
SILVER LINK LIMITED
SPORTING ODDS LIMITED
STS SPORTWETTEN GmbH
YEZ GAMING LTD.

Factors of market think that there will soon be another radical revision of legislative frame, after its without doubt failure to control and tax the online gambling.

[nikantw]

An appeal to the Council of State was submitted by the RGA on taxation adopted by the Greek Government.

According to the RGA, objective shall be the cancellation of ministerial decision dictated the retroactive payment of taxes both on gross revenues of providers, and on the profits of the player.

This action is based on the argument that the proposed tax measures are unconstitutional, violate the right of business and are not consistent with the principle of proportionality. In addition, the proposals do not comply with the principle that international treaties take precedence over any conflicting provisions of Greek law.

As RGA, supports the proposed tax obligations for Internet providers is unconstitutional and incompatible with the requirements of the EU, at the same time that the Greek Government grants in OPAP, which holds a monopoly on offline gambling market, extension of existing authorization for maintaining a monopoly in offline gaming market for 10 additional years. The extension of the authorization is valid for the period 2020-2030, was unclear, which flies on the principles of fair competition.

In addition, today OPAP does not have to pay taxes, while internet service providers will be obliged to pay taxes of around 30% on gross profits. At the same time, it should be noted that OPAP's customers are not subject to withholding tax of 10% (for winnings under 100 euro).

Clive Hawkswood, RGA CEO said:

"The RGA believes that the opening of the Greek online market is a positive step. However, the proposed taxation will create major problems, putting non-competitive financial burdens to potential franchisees. There is no doubt that the implementation of these proposals will mean the failure of the regulation of the market in expense of the Greek Government and Greek consumers. There is still time to revise the rate of taxation. In this context, I hope that the officials from the Ministry of finance will be willing to discuss with us alternatives, which will be viable.

At the same time, we are waiting for the response of the European Commission on the two appeals filed, to ensure that Greece will meet the fundamental operating principles of the European market ".