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Betting groups Bet365 and Play'n GO announced this week that they've been granted gaming licenses by the Hellenic Gaming Commission (EEEP) and will begin being able to offer services to punters in Greece as a result.
Play'n GO is the first software group to receive a license under the new Greek betting laws, while Bet365 is the second operator to get approval, behind Betsson. Greece recently overhauled its online gaming laws, with three-second spin minimums, a max bet of €2 per spin, and a max win of €70,000 per spin. Operators must also pay a 35% tax on gross gaming revenues.
Commenting on the licensing Play'n GO's Magnus Olsson said, "Regulatory changes are a constant in the global gaming industry, and we welcome the new clarity provided by the Hellenic Gaming Commission in their latest framework.
"We will now work closely with our partners to ensure that their Greek operations are compliant with the new regulations."
No date for the launch of the services was available as of press time.
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