Online gaming companies complaining about Greek gambling law

29 November 2011
Online gaming companies complaining about Greek gambling law

Various online gambling companies across Europe recently filed a complaint to the European Gaming and Betting Association regarding the new gambling law in Greece. The law requires new online casino operators to be based in Greece, and that all of the finances are handled between Greek banks, according to Bloomberg.

Gambling companies are fighting this because they believe that new operations are not able to develop in Greece without being penalized. Additionally, the companies that are already in the country may now be susceptible to pay taxes on revenue, the media outlet reports.

According to Online-Casinos.com, the reasoning for the complaint is the desire to create a fair playing field among each online gaming industry across the board.

The goal for European gaming companies is to ensure that safe online casinos are the ones that individuals go to, and that the regulations and laws are the same within each country. By doing so, players will be able to take part in their favorites including online roulette, poker, blackjack and craps, and they will not have to worry about playing in a safe and reputable online casino.

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