Review of: Greek Casino

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On 13.10.2020
Last modified:13.10.2020


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Greek Casino

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Greek casinos resemble Vegas and Atlantic City casinos also in their large scale. The Club Hotel Casino Loutraki, claiming to be the largest casino in Europe, boasts 1, slot machines and some 80 game tables. There are currently eight casinos in Greece, located throughout the mainland and on the Greek Islands of Rhodes, Syros and Corfu. For potential online Greek casino operators, the estimated cost of obtaining a licence will set you back roughly 3,, Euros and will be issued valid for a five-year period only. Afterwards the HGC enforces that operators contribute a tax rate of 30% of the gambling gross revenue. Greatest Casino Games Online in Greece. Greek players love a massive variety of online casino games, which is why we ensure all the casinos listed here have it all. Our casinos’ lobbies are packed with loads of different slot machines, including popular Greek-themed games like Zeus by WMS and Novamatic’s Sparta/5.
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Read articles in our blog. In contrast to this, a potential future for Greek online and land-based operators alike is the possibility of a required rise in their total tax contributions to the state, depending of course on this impending bill.

When compared to the taxation situation of some of its EU member state neighbours, a number of interesting contrasts emerge concerning gambling attitudes and taxation.

For example, in some countries such as in the UK, Belgium, Czech Republic, Slovakia, Spain or Denmark, only the betting companies themselves are subject to tax from their gross incomes.

What these trends have in come is that one fact jumps out; that is way better to be a player than an operator when it comes to paying tax.

This is the law that sets the terms and conditions under which all gaming and gambling operators are allowed to be offered by the administrative authorities, the HGC.

After the law was first implanted in , foreign offshore operators were also permitted the right to apply for licensing. Pursuant to the provisions of this law, an administrative license is required for the conduct and operation of games using gaming machines or for online games.

Third-party non-license holders may also, exceptionally, operate games using VLTs, pursuant to the provisions of paragraph 6, article Games and gaming machines must be certified in accordance with the provisions of this law..

Until the finer details are ironed out, some locals may continue to seek international gambling websites instead that accept Greek players, which of course could be detrimental to the growth of the industry.

Perhaps this hit to the total revenue generated by land-based casinos will incentivise the Greek government to review their online casino markets.

According to a recent survey by Statista. Gambling in Greece generated an impressive 2. Within this statistic, this GGR total amounted to 1. During our research into the best online casinos in Greece, we were also able to collect some more info on the current Greek market and its relationship with the Organisation of Football Prognostic S.

A OPAP , which helped us to understand better the complexities and controversies surrounding the Greek market in recent years. The modern history of how intertwined the OPAP and Greek state are goes all the way back to when the organisation was first established.

Although it is now privatised, there was an initial time when the OPAP was state owned. Taking this into history into consideration plus the fact that up until now that all of the 24 online gambling licenses ever issued in Greece went to the OPAP in , it is unsurprising then that the connection between these two entities has led to the constant accusations of scandals, cronyism and protection ever since.

What leaves a sour taste in the mouth of some Greek players and operators is that the surplus slot machines can only be purchased from OPAP due to its monopoly on land-based casinos, meaning they get a cut of the action regardless.

This is despite the quality of the top online casinos in Greece. Startlingly, a high percentage of this revenue generated was due to Greek players visiting international offshore sites and putting on bets.

Some smaller Poker brands Poker Stars etc. The final EU regulations due to be enforced as soon as possible which will most certainly cause a drastic reshaping of the online market.

World famous for its beauty, history and culture, Greece unsurprisingly has developed a thriving, industry with something to offer everyone.

Found close to the big cities and bustling resorts, casinos form a big part of the cultural landscape for those who want to enjoy luxury or merely try their luck at the considerable number of casinos found throughout the country.

In the past decade, there has been a rapid growth in the number of casinos in Greece largely due to tourism. Apart from the islands of Corfu, Rhodes and Syros, most of the nine casinos are to be found scattered throughout cities on the mainland.

Located in the stunning Athens city suburb of Acharnes, the Regency Casino Mont Parnes holds not just the special esteem and honour of being the largest on-land casino in the entire country but was also the first casino in Greece.

Located in the heart of the National Forest of Parnitha, not only is this casino located in a spot of stunning beauty richly steeped in history but it also sits at an altitude of 1, metres , presenting visitors with an unforgettable breath-taking natural view that offers not just a lasting impression but also a stark contrast to all the glamour and glitziness that exists within the establishment itself.

We will continue to add information as it becomes available, please check back often. Caption Goes Here. Caption Goes Here. Book Now.

Apply Today! Sign Up Today! A license by an established gambling regulator will guarantee your protection, since casino sites must meet very strict safety requirements to obtain it.

Our Greek betting sites utilize advanced SSL encryption to protect your personal information and implement various measures to combat underage gambling and gambling addiction.

Greek players love a massive variety of online casino games, which is why we ensure all the casinos listed here have it all. The operators listed on this page double up as mobile casinos in Greece too, which means you can play your favorite games on any device you want, wherever you want.

E-wallets like Skrill and Neteller are a preferred option in the country, due to their added discreetness and anonymity. Aside from variety in terms of payment options available, our Greek online casinos offer fast payouts.

The Greek government was initially very much in opposition to internet gambling, and in passed a law which banned all forms of electronic gaming.

The law was perhaps too far-reaching in that it failed to differentiate between gambling, video games, or land-based machines, to the point that it was illegal to play simple games like video chess in internet cafes.

A high-profile incident in saw the Greek authorities raid two shops that were being operated by UK-based sports betting firm Stanleybet. This was the same year that the EU formally demanded Greece remove its barriers to the free movement of gaming services in the country.

In the Omnibus Bill was introduced, which legalized land-based gaming machines and online gambling in a bid to raise money through licences and taxes to boost the flagging Greek economy.

However, tax legislation meant that the government-backed OPAP was able to operate under much more favourable terms, and other European operators, such as Betfair, lodged a complaint via the Remote Gaming Association with the EU over discrimination.

The Bill failed to last more than a year. Those operators that had received the provisional licences were told to wrap up their services in the country in November The developer is known for its fantastic slots.

Their product range comes with thematical animations at the beginning of each game, as well as unique world-building approaches. The state-of-the-art graphics are quite eye-popping and when you combine this with the intricate sound work, you are left with a very engaging and exciting casino experience.

We recommend you to check them out immediately. For the Greek players who are unfamiliar with the concept, this is by far the most immersive experience for the players seeking to play at an actual casino setting without the necessity of actually being present on the table in it.

All the features are present, including the setting, the real-life dealer, and authentic atmosphere. However, keep in mind that you should always refer to the casino Greece you have decided to join and check the availability, because sometime, even though the players from a particular nation are accepted, the live casino might be restricted.

Find below, what we view as the best live online casino available to Greek players. If you are a fan of the live lobby, then this would be the undeniable champion.

With 80 tables, you will experience no worries whatsoever at finding a suitable table to satisfy your gambling needs.

There are also plenty of Poker and Baccarat tables, as well as Sic-Bo for the dice fans, Dream Catcher, a Football Studio, Deal or No Deal, and a Monopoly Live.

We all own smartphones and want to have access to everything at the tip of our fingers. The gaming industry is well aware and a great deal of money has been invested in optimising their websites and making them as stunning on your Samsung or Xiaomi screen, as they are on your desktop computer.

Each of the best online casino sites Greece has in store for you is as mobile-friendly as you would expect it to be. Accessing it through any of your preinstalled browsers does an excellent job and within seconds, you could already be spinning your favourite online slot.

The games will look and feel the same way across all device ranges because, nowadays, the software providers develop each title with the mobile factor in mind.

Head to your preferred choice and get ready to gamble from wherever you are. Payment method variety could be a very decisive factor for punters as to whether it is worth joining a gaming venue or not.

Each best online casino Greece punters have access to features some of the most secure and widely popular methods that are accepted worldwide.

Usually, PayPal is our go-to recommendation, as it is the most well-rounded and fast payment in terms of fastness and security.

Therefore, we would go with our second best and that would be the debit cards from VISA and MasterCard. It may sound boring, but they have proven their place among the best methods available.

This aside, check out the full list of the Greek casino payment methods below. Of course, you are more than welcome to use any one of these, for as long as it is convenient for you.

From e-wallets, to cards and direct transfers, and Bitcoin, the choice is yours. Generally speaking, aside from its security, the swiftness of the method is what interest punters the most.

We want our deposits and withdrawals to happen as fast as possible and not to lose any valuable time from waiting around for the money to pop into our private or casino accounts.

With VISA, the cash infusion will happen instantly and without any additionally incurred fees. The withdrawal takes a bit more time but this is entirely normal.

Usually, each online casino Greece punters want to wager at has standard internal processing procedures with the aim to prevent money laundering.

Gambling in Greece is legal and the process has been linked to go back as far as ancient times when the Greek gods themselves used to resolve issues by betting.

Nowadays, both land-based and online casino activities are legal , thanks to the Gambling Act from that included the internet-based activities and recognized them as lawful.

However, there still are issues at hand, due to the decision of the Ministry of Finance to monopolise the sector and put it under the sole control of the state-run operator OPAP.

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