Conference on Sports Betting

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On Wednesday, January 15, 2020, the 3rd International Scientific Conference on the Challenges and Prospects of Sports Betting for the Greek Economy and Society was held today at the Athens Chamber of Commerce and Industry.

The conference was co-organized by the School of Human Movement and Quality of Life of the University of Peloponnese and the Greek Forum for the Digital Future. 35 speakers were present, including 6 foreign guests, 2 Ministers and 2 Secretaries-General.

Key topics of the work were: a) the online betting industry in Greece with emphasis on financial opportunities and opportunities under the new regulatory framework, b) the regulatory framework in Greece regarding technological developments and innovation, c) the relationship betting with society and in particular sponsorship policy, advertising and communication; and d) gaming and the rapidly expanding e-sports industry.

The conference was welcomed by the Rector of the University of the Peloponnese, Mr. A. Katsis, the Chairman of the Scientific Committee and Dean of the School of Human Movement and Quality of Life of the University of the Peloponnese, Mr. Panagiotis D. and Mr. Takis. C. Tsekeris.

Government representatives such as the Minister of Finance, Mr. Staikouras and the Deputy Minister of Sport, Mr. Lefteris Avgenakis, as well as Members of the Hellenic Parliament such as Mr. Bogdanos, also attended the event. Mr. G. Vlachos, Mr. G. Pappas, Mr. M. Katsis and Mr. D. Constantopoulos. The Chairman of the Committee on Game Control and Control, Mr. E. Karagrigoriou briefly briefed on the new regulatory framework incorporated in the recent development law. People from the business and journalistic environment as well as sports and science were also involved with their interventions and placements.

The main conclusion that emerged, as a common component, is the immediate need to establish a Scientific Institute of Occupation with relevant subjects, in line with European and international standards with the aim of (a) research and development of the industry with scientific criteria and methodologies, (b) specialized c) the formulation of strategies based on European and international practices and c) mainly the utilization of the long-term experience our country has in this field. only.

The establishment of a relevant Science Institute offers Greece the opportunity to progressively become a major force in matters of technological innovation, organization and management of sports betting at European level and contribute to stopping the brain drain.

All the participants and participants have repeatedly emphasized the very important initiative of the University of the Peloponnese, which with organizational and scientific consistency, has been monitoring in recent years the relevant developments in the field of sports betting by contributing to the interactive interactive state, business, media, sports and science).

A key issue at the start of the discussion was the new regulatory framework and the licensing of online gambling providers in Greece, the challenges and problems encountered in implementing a particularly fast-growing business with economic, social and cultural implications.

The response to the Government's initiative to regulate the Greek betting market has been positive but has highlighted the need for concrete improvements in order to support healthy competition and boost benefits to society.

In subsequent sessions, the focus was on funding sports through sponsorship programs, issues related to advertising and communication strategy as well as the existing legal framework. At the same time, the relationship between terrestrial and online betting in the direction of creating a universal framework for equal functioning and development was discussed and discussed.

The e-sports field has focused on the day-to-day business mainly as a rapidly expanding business and sports environment, influenced by technological innovation. The main conclusion is that e-sports brings new prospects and shapes competitive economies and creative markets. Reference was made to the social, psychological and legal implications and problems of dealing with betting and gaming in general at a time of technological transformation and administrative restructuring.

Convinced that the conference's work really helped to highlight the challenges and prospects of sports betting as an area of ​​genuine economic activity, the promise of continuing the effort with a new conference on topical issues was soon promulgated.
 
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Karagrigoriou: Revenue over 1 billion from gambling in 2020

"We have an integrated institutional framework in the gaming market and we are proud to have done so," said Gaming Committee Chairman Evangelos Karagrigoriou, addressing the conference "Sports Betting Today: Challenges and Prospects for the Greek Economy" .

He noted that in recent years public revenue from games has been steadily rising, approaching $ 1 billion, and in 2020 it will exceed $ 1 billion, up from $ 500 million a few years ago.

"After 7 years of transitional status we now have a new regulatory framework for online games and for individual issues," Mr Karagrigoriou said, noting that the Commission was open to improvements. "The nature of it is such that it needs constant reflection and refinements to keep up or keep up with developments. We need to have strategic planning that will improve the institutional framework permanently. ”

Finally, on the sidelines of the event, Mr Karagrigoriou confirmed the mononews report on the Commission's plenary decision on Greek. He said it would take a few days for the minutes to be cleared and officially announced.

By: Marina Protonotariou - mononews
 
Avgenakis: "Our goal is to protect healthy sports"

The 3rd International Interdisciplinary Conference "Today's sports betting, challenges and prospects for the Greek economy and society" was attended by the Deputy Minister of Culture and Sports.

In his speech, Lefteris Avgenakis mentioned the need to combat the phenomenon of race manipulation.

"Our goal is to protect healthy sports," the deputy secretary said and then analyzed the benefits of the national platform, which will be ready in June.

"The law we voted on is crucial in tackling the morbid and decisive phenomenon of pre-eminent competitions in Greek sports. The manipulation of sporting events tends to take on a great deal in recent years internationally. Manipulation removes credibility, breaks down sports and teams, and runs counter to the sport that pure sport prides itself on. It certainly enhances the violence in the sport. It is noteworthy that in a survey conducted in 2017 by the AUTh, 35% of athletes themselves believe that races in their class are manipulated. This happened 2-5 times a year. In fact, 80% believed he had been involved in a manipulative struggle, at some point in his career unknowingly, "Lefteris Avgenakis first stressed, and then referred to the moves the government has made so far:

“From the very first moment we took on the task of protecting healthy sports. That is why we have also ratified the Council of Europe Convention on the Management of Sports Games. Something that many countries are delaying. A contract that had been canceled by the previous government. An example of the really obvious indifference that he has shown in general to the problems affecting Greek sport. "

Finally, the Deputy Minister of Sports also referred to the government's plans to combat the phenomenon: “Our next step is to set up the national platform, through the Greek Parliament, as provided for in Article 13 of the Convention. The platform will have a dual role. That of prevention and that of repression. In addition, the national platform will be ready in early June. In no time today. The proper implementation of the platform will also inform the society about this phenomenon, and where necessary criminal or disciplinary prosecutions. "

Source: RES-EAP
 
Staikouras: Government acting fast for online betting

The Minister of Finance, Christos Staikouras, referred to internet betting and the opportunities it can provide in the country, at the 3rd International Interdisciplinary Conference "Sports Betting Today: Challenges and Prospects for the Greek Economy and Society".

Mr. Staikouras emphasized the control as well as the safe participation of the players. “I want to thank you for inviting me to attend today's event, a very interesting event. It is of particular importance, of particular value, and we will find online betting in front of us. According to the figures, gross revenue was 5.5 billion euros, when the volume of all land-based games stood at 6,1 billion euros. One can see how the Internet betting market is evolving. It is obvious that the analogy will lean towards the Internet, "Mr Staikouras initially stressed, adding, among other things:


"Today's Government, acting swiftly and decisively within the first three months, has passed a law on Internet betting. The operating framework is upgraded and modernized, conditions for healthy competition are guaranteed, secure player participation is ensured, investments are attracted, personal data is protected, revenue is increased through licensing and taxation, player protection is enhanced through illegal networks in regulated networks. "

The Minister of Finance then referred to the inquiry made to make the decisions: “We have taken examples from Denmark, Portugal, France, Malta, Cyprus. Only two types of online gambling licenses are provided, one for 'online betting' and one for 'other online gambling', such as casinos. At € 3.000.000 the online betting fee is set at € 2.000.000 for other games. The term is for 7 years and is renewable for an equal period after payment of an equal price. At the same time, they should strengthen the role of the SPD and the control and surveillance information system. Thus, control is achieved. "
Meanwhile, the 3rd International Interdisciplinary Conference "Today's sports betting, challenges and prospects for the Greek economy and society" was attended by the Deputy Minister of Culture and Sport. In his speech, Lefteris Avgenakis mentioned the need to combat the phenomenon of race manipulation. "Our goal is to protect healthy sports," he said, and then analyzed the benefits of the national platform, which will be ready in June.

"The law we voted on is crucial in tackling the morbid and decisive phenomenon of pre-eminent competitions in Greek sports. The manipulation of sporting events tends to take on a great deal in recent years internationally. Manipulation removes credibility, breaks down sports and teams, and runs counter to the sport that pure sport prides itself on. It certainly enhances the violence in the sport. It is noteworthy that in a survey conducted in 2017 by the AUTh, 35% of athletes themselves believe that races in their class are manipulated. This happened 2-5 times a year. In fact, 80% believed he had been involved in a manipulative struggle, at some point in his career unknowingly, "Lefteris Avgenakis first stressed, and then referred to the moves the government has made so far:

“From the very first moment we took on the task of protecting healthy sports. That is why we have also ratified the Council of Europe Convention on the Management of Sports Games. Something that many countries are delaying. A contract that had been canceled by the previous government. An example of the really obvious indifference that he has shown in general to the problems affecting Greek sport. "

Finally, the Deputy Minister of Sports also referred to the government's plans to combat the phenomenon: “Our next step is to set up the national platform, through the Greek Parliament, as provided for in Article 13 of the Convention. The platform will have a dual role. That of prevention and that of repression. In addition, the national platform will be ready in early June. In no time today. The proper implementation of the platform will also inform the society about this phenomenon, and where necessary criminal or disciplinary prosecutions. "

SOURCE: thepresident
 
Institutional Framework for Online Betting: What They Say Strongly and What… Industry Companies Whisper
  • Marina of the Protonator
  • January 16 2020


https://www.mononews.gr/oikonomia/karagrigoriou-esoda-ano-tou-1-dis-apo-ta-tichera-pechnidia-to-2020
200107230459_%CE%B5%CE%BB%CE%BB%CE%B7%CE%BD%CE%B9%CE%BA%CE%BF%CE%BF-e1578431147100-350x226.jpg


In the hands of Karagrigori casino decision Elliniko: The timetable and dilemmas

An opportunity to cross-examine their views on the new institutional framework for online gambling, businesses and industry, loud and… whispered, with State representatives, was given yesterday, a few days after the new Regulation was published in the Commission. for online betting, to follow its consultation until 1/4/2020.

The conference on "Sports Betting Today: Challenges and Prospects for the Greek Economy and Society", which took place yesterday, was attended by, among others, the Minister of Finance Mr. Christos Staikouras, the Deputy Minister of Sport Eleftherios Avgenakis and the Chairman of the Committee. Karagrigoriou.

Businesses, on the one hand, are keen to criticize various parts of the new institutional framework, on the other they seek to keep balances and "go soft" with government actors, and so criticism is largely low-key.
In general, companies in the industry, depending on their size, have different problems with the new regulatory framework.

Larger companies, therefore, do not seem to be concerned about high taxation and license costs, but about limiting the RNG market to the restrictive terms that the Regulation puts into play representing 30% of the market.

That is, large market companies are concerned about the possibility of losing revenue from restrictive policy in RNG games (Random Number Generator Games), in which the Regulation prohibits advertising, reduces betting to 2 euros per spin, per year 3 seconds delay and a maximum gain of 5.000 euros per game.

Until 1/4/2020, the Regulation on Online Games will be in consultation with the Commission but will be finalized by a ministerial decision, which means that in the coming months all market players will continue to push for their demands.

200115230327_market.jpg

Of the 500 million euros in public revenue, it will exceed 1 billion in 2020

"From the first moment we raised the issues and took the initiative to create a framework that would ensure transparency and increase public revenue," said Gaming Committee Chairman Evangelos Karagrigoriou.

Gambling public revenues in 2015 totaled € 500 million, and by 2020 the target is to exceed € 1 billion. Already, revenue growth in 2019 is € 500 million, totaling close to € 1 billion, stressing that sound and comprehensive regulation has many benefits and creates the fiscal space for a future tax relief policy.

200115230434_kk.jpg

Evangelos Karagrigoriou, Chairman of the Games Committee

"Completing the institutional framework does not mean that nothing can be added, improved or changed," he said.
"The state must keep track of the market because of its ever-changing nature and technological developments, he noted and pointed out that the state has the potential to stay ahead of change. We need to have a strategic plan that will continually complete the framework and improve it. "
 
Some speaker quotes:

"The bill is in the right direction, but it does not completely cover us"

The CEO of the Winmasters betting platform, Thomas Tzokas, was the one who spoke on behalf of the bettors, essentially expressing the concerns that exist for most of those that operate legally in Greece in recent years. After stressing how important it was to pass the new online betting and casino bill and send it to the Commission, he expressed some concerns / suggestions regarding specific articles in the bill:

1. The cost of licensing, which is worth 3 million euros for online betting and another 2 million euros for other online games (casinos, poker, etc.). Both licenses are valid for 7 years. Mr. Djokas, in fact, wanting to support his view that the costs are huge for the companies concerned, presented the corresponding price in some countries abroad. For example, in the United Kingdom (with a population of 66 million), the cost of a license is between € 17.500-32.700 per year. Or otherwise, 122.500-228.900 for 7 years.

Reducing costs, Mr. Tsokas believes that the number of companies that will invest in Greece will increase and it will intensify competition for the benefit of the consumer. At the same time, it envisaged an increase in state revenues and also an increase in jobs.

2. Taxation. The 35% tax that is in force (and will continue to apply under the new bill) is considered a record for European data, with the CEO of Winmasters proposing a reduction to 15-25% in the GGR, in order to approach the European average. In the UK, for example, the tax (Gambling, Casino, Poker, Bingo) is 15% in GGR.

3. The Transitional Framework. Mr Djokas stressed the need to revise the transitional framework from one month to 6 months for the new bill in the Commission. At the same time, companies that are currently operating under a temporary license should continue operating smoothly.

At the same time, the journalist and co-ordinator of the first module of the day, Marina Protonotariou, asked the speakers about the limited advertising of the casino and in particular the VLT's games provided by the new bill.

"Open to conversation and suggestions, but ..."

For their part, both Government and EEEP representatives acknowledged that the bill could be improved, but left little room for it to be done immediately. Specifically, Christos Triantopoulos, Secretary General of Economic Policy, clarified that there are currently no discussions to change anything on the issues raised (taxation, costs, transitional framework), while Member of Parliament Konstantinos Bogdanos and Elias Katrakazis (Member of the EU) they admitted that betting reactions are logical and some modifications are not excluded.

Final line

The conference also featured very interesting opinions from Greek and foreign experts in the online gambling industry. Foreign speakers in particular have tried to make a comparison with numbers in relation to other markets in Europe, transferring their know-how to how an online betting and casino bill can be successful. They in turn voiced some objections to the bill being passed, stressing the how important it is for many good companies to enter the field, increasing healthy competition.

The consultation will end on April 1st and we can now say that we have finally come to terms with the flesh and bone of a new bill that will open the market for online gaming, putting an end to the provisional regime in force since 2011.
 
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    at the moment Fener is playing with 10 players
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