2019 will be a crucial year for the Greek casino market especially in Attica and Loutraki, creating the potential for a significant extension of the existing market, taking under consideration the upcoming licensing of the casino in Hellinico, the transfer of Mount Parnitha’s casino to Athen’s north suburbs and restructuring developments in Loutraki.
The land based casino industry in Greece was thoroughly regulated until recently by Laws 2206/19/2003, which on the one hand were characterized as fragmented and outdated and on the other hand needed adaptation to the latest legislative developments in Europe and to serve the need for a more coherent and unified legal framework that would increase the competitiveness of the specific market both at European and international level.
Law 4512/2018 (including the relevant amendments in Law 4582/2018) introduced an attractive regulatory, tax and legal framework offering considerable incentives to attract new investments in the gaming sector and more specifically:, 2019).
Hellinikon Integrated Resort Casino Project The proclamation of the tender for the casino license at the old Athens airport in the southern suburb of Helliniko is expected in early 2019 and will be handled by the Finance Ministry and a special inter-ministerial committee.
Hellenic Gaming Commission has made the necessary preparations for the process, extending its consultancy contract with EY and KLC Law Firm, and leasing the virtual data room for the tender to a British company in mid-December.
Relocation Mont Parnes According to the financial statements for the year ended December 31st, 2017 issued by “Elliniko Casino Parnithas S.
A.” the company decided in March 2018, following the legislation voted in 2017 permitting its relocation, to investigate the potential of the relocation of the casino from Parnitha to the Athenian north suburbs (Kifissias Avenue close to the Olympic Athletic Center of Athens), and is currently in the process of obtaining relevant land usage and construction permits.
Promotion of responsible gambling: Leaflets concerning gambling problems (self-test) and describing responsible gaming, in addition to leaflets about the gambling helpline (ΚΕΘΕΑ ) and the institution providing treatments for problem gamblers.
CHCL cooperates with ΚΕΘΕΑ (Therapy Centre for Dependent Individuals), which is the largest rehabilitation and reintegration network in Greece.
Self-exclusion: The measure allows immediate family members to exclude other family members from entering the casino.
The barring is applicable for a minimum of six months.
Also the Hellenic Gaming Commission has, on its website, an electronic platform called e-assos with information & tools for the people facing gambling problems.