News

Greece: Bill introduced to strengthen crackdown on illegal gambling

The proposed regulations introduce tougher sanctions for violators, including companies, players and influencers who endorse or promote illegal websites.

· 1 min read
Share this article
Follow us on Google
AI Summary
Sign in to listen
greecebill
Key Points
Greece has floated a new legal bill to tighten unregulated gambling laws
The bill strengthens the powers of the Greek Gaming Commission
It introduces significantly tougher penalties for illegal gambling activities, such as heavy fines, business closures, licence revocations and potential prison sentences

A bill proposing new, stricter measures to combat illegal gambling has been presented to the Cabinet by the Minister of National Economy and Finance, Kyriakos Pierrakakis, along with Deputy Minister Thanos Petralias.  

The bill strengthens the authority of the Greek Gaming Commission (EEEP), specifically granting new powers to request the immediate removal or disabling of access to content related to illegal gambling from internet service providers, as well as from websites, social media platforms and search engines.  

Members of the EEEP’s Gaming Inspectors Corps will attain the status of special investigative officers when their inspections uncover evidence of criminal offences related to illegal gambling. 

The aim is for the EEEP to obtain the necessary tools to act swiftly in addressing cases of illegal online gambling. The proposed regulations impose stricter penalties on offenders, including operators, players and influencers who promote illegal websites. This includes monetary fines, multi-year business closures and possible prison sentences. 

Severe sanctions will be introduced for advertising and promoting illegal gambling, particularly through digital channels such as influencers, streamers, digital ad networks, affiliates and advertisers. Indeed, administrative fines ranging from €5,000 ($5,900) to €50,000 per violation will be introduced. 

The bill mandates the immediate and long-term closure of shops where illegal activities are found, the revocation of operating licences where applicable and increased penalties for businesses that reopen after being shut down. Players may face penalties, particularly for repeat offences or ongoing involvement in illegal gambling. 

Recent estimates indicate that illegal betting in Greece generates an annual turnover of nearly €1.7bn. The total number of participants is estimated to surpass 900,000. 

Good to know

It was previously announced that operating an illegal gambling business could carry a prison sentence of up to 10 years

Reaction Board

News Analysis

View All
bernardo anjl

Brazil: Government "betrayed" operators... but prohibition won't stop Brazilians betting

Bernardo Cavalcanti Freire, ANJL's Legal Counsel, believes the regulated industry must "acknowledge" its problems, but feels concrete data proves regulation is more effective than prohibition. In his eyes, the Brazilian market is "far from over."

7 min read • • By Tim Poole
marko zulj

Koom Games CEO: Why "never give up" is terrible advice for entrepreneurs

Marko Zulj explains why the ability to pivot is an entrepreneur's greatest strength, while also reflecting on our panel at the SBC Summit in Lisbon, Koom Games' aims for 2027 and future industry trends.

4 min read • • By Tim Poole
roadblock analysis

Roadblock threatens recovery: Can Bally’s help The Star navigate AU$260m setback?

The Star Entertainment Group has shown early signs of recovery, but a substantial regulatory penalty and ongoing financial uncertainties continue to cloud its outlook.

6 min read • • By Marieta Lezaic

In The News

View All