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Greece to issue up to 50 online gaming licences

27th January 2011 10:01 am GMT

The Greek Ministry of Finance has this week launched a public consultation on the country’s draft law to regulate gambling, giving stakeholders until January 31st for the submission of comments.

Under the proposed law, all operators wishing to provide gambling services to Greek citizens will be required to obtain a licence from the Gambling Control Commission, authorising either land based or online operations.

The draft law sets an 80 per cent maximum rate of return to players [...]

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