In the Commission the law on gambling on the Internet

BetLaden

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In the Commission the law on gambling on the Internet


The draft law of the Treasury Department attempting to regulate the online gambling market was sent to the relevant European authorities.

The Draft Law (Rules for the purchase of online gaming - Amendment of 4002 / 2011) was posted to the TRIS system of the European Commission and will be consulted for a minimum of three months before the Greek Government is allowed to vote for it . The end of the consultation period (status quo period) is July 2 2019.

There are some changes to the original draft law. These include the time allowed for the licenses to be granted (without a competitive procedure but for a fee), which is increased in 7 years, by 5 initially foreseen. This change satisfies the majority of the market participants that participated in the public consultation and had requested an extension of the duration of the license.

However, the cost of obtaining the licenses remains unchanged and is set at 4 million for betting and an extra 1 million for licensing other online gaming.

As stated in the Draft Law sent to the EU, there are only two types of licenses available for online gambling: (a) license to conduct betting games, ie sports and non-betting, and (b) permission for other online gaming.

It is also stated that the Minister of Finance may, by decision of the Game Committee, issue permits for gambling via the Internet, set the terms and conditions and regulate all related details, which, according to some market players, leaves room for licensing and other types of games in the future.

It is recalled that it is explicitly stipulated that prospective licensees are required to perform gambling via a site named "space". Each candidate may have up to two different types of licenses (one licensing of gambling and one license of other online gaming) per site. If a candidate wishes to apply for more licenses of the same type, he is required to pay the corresponding fee. Also, under no circumstances is a license allowed to refer to more than one site, and it is explicitly stipulated that the gambling license over the internet is granted by a decision of the Hellenic Football Federation.

There is a change in the status of the black list. In particular, the process of compiling and revising the list of black licensed providers is updated in order to respond to the new system of licensing, organizing and conducting gambling over the Internet.

In addition, with regard to payments, with the amendment of 49 article of law 4002 / 2001, electronic money institutions that are licensed (according to 4021 / 2011) are added to gambling payment service providers.

With regard to excluded players, it is now defined that he is the player who, either on his own initiative or at the request of his legal counselor or following a court order, and in any other lawful way can not participate in gambling .

In total, the draft Law promotes replacements and additions to basic and technical definitions given by the original law of 2011, aiming at updating them in order to adapt to the Greek gambling market via the Internet as regulated by this legislative initiative. Indicatively, the basic concept of b-licensee for gambling is introduced. in the context of the new regulatory framework for licensing and operating this market. Introduce the concept of b ???? of other online gaming ???? as a special category of games that can be licensed under the new procedure herein and the term "b" which is a separate category partnering with gaming license holders.

What is applicable to companies under the transitional regime?

For companies currently active in the online market, companies, that is, legally established in states b ???? members of the European Union and the European Economic Area and hold a relevant legal license to operate and provide such services and have submitted to 31-12-2011 a voluntary application for tax registration of X.NUMX / 4002, there are specific arrangements

In particular, they must apply for a gambling license via the Internet within six months of the publication of the law in the Government Gazette. In the event of rejection of the application by the EERP, these companies are obliged to cease their operation within 4 months after the rejection. In the absence of an application for a permit, in accordance with the provisions hereof, these companies are obliged to cease operating within six months of the entry into force of the law.


By Nikos Chrysikopoulos / capital

stpsilan

Active Member
25 Oct 2017
215
106
43
Answer: In the Commission, the Law on Online Gambling

In the Commission the law on gambling on the Internet


The draft law of the Treasury Department attempting to regulate the online gambling market was sent to the relevant European authorities.

The Draft Law (Rules for the purchase of online gaming - Amendment of 4002 / 2011) was posted to the TRIS system of the European Commission and will be consulted for a minimum of three months before the Greek Government is allowed to vote for it . The end of the consultation period (status quo period) is July 2 2019.

There are some changes to the original draft law. These include the time allowed for the licenses to be granted (without a competitive procedure but for a fee), which is increased in 7 years, by 5 initially foreseen. This change satisfies the majority of the market participants that participated in the public consultation and had requested an extension of the duration of the license.

However, the cost of obtaining the licenses remains unchanged and is set at 4 million for betting and an extra 1 million for licensing other online gaming.

As stated in the Draft Law sent to the EU, there are only two types of licenses available for online gambling: (a) license to conduct betting games, ie sports and non-betting, and (b) permission for other online gaming.

It is also stated that the Minister of Finance may, by decision of the Game Committee, issue permits for the conduct of gambling via the Internet, determine the terms and conditions and regulate all the relevant details Which, according to some market players, leaves room for the licensing of other types of games in the future.

It is recalled that it is explicitly stipulated that the applicant license holders are obliged to perform gambling through a website with a domain name with a suffix. Each candidate may have up to two different types of licenses (one licensing of gambling and one license of other online gaming) per site. If a candidate wishes to apply for more licenses of the same type, he is required to pay the corresponding fee. Also, under no circumstances is a license allowed to refer to more than one site, and it is explicitly stipulated that the gambling license over the internet is granted by a decision of the Hellenic Football Federation.

There is a change in the status of the black list. In particular, the process of compiling and revising the list of black licensed providers is updated in order to respond to the new system of licensing, organizing and conducting gambling over the Internet.

In addition, with regard to payments, with the amendment of 49 article of law 4002 / 2001, electronic money institutions that are licensed (according to 4021 / 2011) are added to gambling payment service providers.

With regard to excluded players, it is now defined that he is the player who, either on his own initiative or at the request of his legal counselor or following a court order, and in any other lawful way can not participate in gambling .

In total, the draft Law promotes replacements and additions to basic and technical definitions given by the original law of 2011, aiming at updating them in order to adapt to the Greek gambling market via the Internet as regulated by this legislative initiative. Indicatively, the basic concept of the license to run gambling over the internet is introduced; in the context of the new regulatory framework for licensing and operating this market. Introducing the meaning of other online gaming b ?? as a special category of games that can be licensed under the new procedure herein, and the term "collaborators" is added; which is a separate category partnering with gaming license holders.

What is applicable to companies under the transitional regime?

For today's companies active in the online market, companies that are legally established in Member States of the European Union and the European Economic Area and are legally licensed to operate and provide such services and have submitted to 31-12 -2011 voluntary application for tax registration of X.NUMX / 4002, subject to specific arrangements

In particular, they must apply for a gambling license via the Internet within six months of the publication of the law in the Government Gazette. In the event of rejection of the application by the EERP, these companies are obliged to cease their operation within 4 months after the rejection. In the absence of an application for a permit, in accordance with the provisions hereof, these companies are obliged to cease operating within six months of the entry into force of the law.


By Nikos Chrysikopoulos / capital
They gave them 2 years in addition, pills

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soupnik

Well-Known Member
7 Feb 2012
518
339
63
Answer: In the Commission, the Law on Online Gambling

"This law significantly improves and modernises the regulatory framework for the gaming market, since it takes account of both Greek reality and best international practices. In addition to the technical improvements made by this law, the provisions on the new permitting method for persons operating in the specific markets have been a major move towards transparency, fair competition, player protection and the fight against failures and abuses in the existing framework, with significant improvements in the Gaming Regulations, the protection of personal data and the black list of unauthorized gambling providers. "

: twis:: priest:: twis:

stpsilan

Active Member
25 Oct 2017
215
106
43
Answer: In the Commission, the Law on Online Gambling

"This law significantly improves and modernises the regulatory framework for the gaming market, since it takes account of both Greek reality and best international practices. In addition to the technical improvements made by this law, the provisions on the new permitting method for persons operating in the specific markets have been a major move towards transparency, fair competition, player protection and the fight against failures and abuses in the existing framework, with significant improvements in the Gaming Regulations, the protection of personal data and the black list of unauthorized gambling providers. "

: twis:: priest:: twis:
We are talking about being deposited now

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soupnik

Well-Known Member
7 Feb 2012
518
339
63
Answer: In the Commission, the Law on Online Gambling

Ο Stoiximan has just announced that he is joining Red Rake Gaming in the casino.
It is forbidden to get one of the licenses, but it is supposed that the law prohibits the slots on the internet. He certainly knows better than us what is going to happen, so I suppose last time in some way the slots will continue to be allowed?
Last edited:

soupnik

Well-Known Member
7 Feb 2012
518
339
63
Emm .....
XNUMMember expires shortly before the election!
Will it pass in fast ?! : priest:
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