For the last two years, the Greek government has been working diligently on the issue of gambling legislation.
Besides, she has made some commitments towards her others. One of them is the creation of the casino in Elliniko. Of course everything needs to be clarified and placed on a solid and solid footing. The purpose is to provide the right services to the players, while combating illegal gambling. This will give players security, proper and responsible play. After all, even now there are many legal betting and online casinos, such as Bwin, which also want to obtain a permanent license. In addition, the settlement will bring a lot of revenue to the state. This will be done not only through direct taxation, but also indirectly. Jobs, real estate rental, insurance contributions and many more.
New amendment. The role of Tsakalotos
The Minister of Finance, Mr. Euclid Tsakalotos, has personally addressed this issue. An amendment was therefore submitted to the Parliament, on the basis of which the terms and conditions for conducting licensing tenders are defined. Through it, all the existing legislation regarding the minimum standards is changed in order to open a casino and more. It also provides for the inclusion of existing casinos in the new framework. Also through this amendment was found the golden section between the claims of Lamda, the State and investors. It is now possible for a group of investors to obtain a casino license, lease an area and then lease it to third parties. In this way it participates in the exploitation giving only the management with participation in the profits.
Casino categories
Under the simple type license, casinos will be able to have four-star hotels in their infrastructure. In addition, they have the ability to have three key accommodations, shops and restaurants, leisure and entertainment. The license in this case will be valid for 15 years.
Now for a wide range of licensed casinos, we are talking about colossal investments. There will be five star hotel facilities. Also, at least one installation of special tourist infrastructure must be operational. This means that there is a conference center, golf course, tourist port, thalassotherapy and many other luxurious facilities. In this case the investor will have 30 years in front of him to make amortization of his investment. With the renewal and the new amendment the time range can even reach 50 years.
The price
The minimum capital paid for a casino with a simple type of license amounts to € 500.000. The amount after five years must amount to 5.000.000 €
For casinos with a wide type license, it requires a minimum capital payment of € 1.000.000. This amount after the lapse of five years should have reached € 10.000.000.
Also, in order for an investor or interested party to participate in the tender, they must pay to the EEEP. fee € 10.000.
The general reasoning
It is important that behind every development we do not just capture numbers and news. There must always be a critical eye. This is especially important and constructive, whether you agree with what you read or not. The new casino bill reflects the general attitude of the government. Gambling is a legitimate pastime. But it hides many pitfalls. From addiction to engaging and associating with people who can hurt you in many ways. The turnovers are huge. Sometimes they surpass any imagination. The game must be played safely and within a responsible and legal framework. This protects the player, but also brings revenue to the state. The casino in Elliniko can become a pole of attraction and tourism.
It is not only Greek
The possible transfer of the casino from Syros to Mykonos, as well as the construction of casinos in Santorini and Crete. These are measures that can further increase the inflow of money and tourists to our islands. Finally, the descent of the casino from Parnitha to the northern suburbs, but also the creation of OPAP Plays can provide even more opportunities to players with a fair, safe and responsible game.
SOURCE evianews
