{"id":3068,"date":"2020-02-03T09:15:54","date_gmt":"2020-02-03T09:15:54","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=3068"},"modified":"2026-04-24T08:19:14","modified_gmt":"2026-04-24T11:19:14","slug":"casinos-shut-down-greece","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/casinos-shut-down-greece","title":{"rendered":"Two casinos shut down in Greece"},"content":{"rendered":"\n

The gambling commission from Greece has decided to shut down two casinos due to unpaid debts.<\/p>\n\n\n\n\n\n\n\n

Greece.- The\u00a0Hellenic Gaming Commission<\/em><\/strong>\u00a0(EEEP) has announced the decision to shut down two casinos in Greece. The Rio and Alexandroupoli casinos were forced to close due to unpaid debts to the Single Social Security Entity (EFKA).<\/p>\n\n\n\n

The report from EFKA indicates that the Rio casino had to pay over \u20ac25 million, while the Alexandroupoli owed \u20ac12.5 million, Ekathimerini reported.<\/p>\n\n\n\n

The EEEP meeting that took place late last week ended with the decision to impose fines on the casinos of Corfu and Loutraki. The difference between these facilities and the ones that were forced to close is that they had settled their debts in the period between their summoning and the EEEP meeting. The commission decided to impose a fine once again instead of forcing them to close.<\/p>\n\n\n\n

Greece submits gambling legislation to European Commission<\/strong><\/h4>\n\n\n\n

Greece has recently drafted new gambling legislation<\/em><\/strong><\/a> and submitted it to the European Commission. The main difference in the potential new landscape is to subject online sports betting and other games to different licences. The latter will only cost \u20ac2 million, while sports wagering operations will require a \u20ac3 million investment. Still, the Ministry of Finance has determined to have them both last seven years.<\/p>\n\n\n\n

Moreover, random number generator games will have a maximum stake of \u20ac2 under new regulations Greece plans for gambling. Their maximum profit per gaming session will also have a \u20ac5k limit, and jackpot game will have a maximum of \u20ac500k.
<\/p>\n","protected":false},"excerpt":{"rendered":"

The gambling commission from Greece has decided to shut down two casinos due to unpaid debts.<\/p>\n","protected":false},"author":2,"featured_media":3071,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Hellenic Gaming Commission (EEEP) has enforced the closure of two land-based casinos, Rio and Alexandroupoli, due to significant unpaid social security contributions, while fining others that settled debts. Concurrently, Greece is advancing new iGaming legislation, introducing a bifurcated online licensing structure with distinct fees for sports betting and other gaming verticals, alongside new player protection limits on RNG games.","focusai_entities":"Hellenic Gaming Commission (EEEP), Rio casino, Alexandroupoli casino, Single Social Security Entity (EFKA), Corfu casino, Loutraki casino, European Commission, Ministry of Finance","focusai_location":"Greece, Alexandroupoli, Corfu, Loutraki","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), affiliate_publisher (0.7), product_ux (0.9), tech_data (0.7), marketing_crm (0.7), investor_analyst (0.9), supplier_vendor (0.8)","focusai_suggestions":[{"label":"Impact on Land-based Casinos","query":"What are the broader implications for the Greek land-based casino sector's financial stability and regulatory adherence, given the EEEP's decisive enforcement actions regarding social security debts?"},{"label":"Online Licensing Strategy","query":"How will the proposed bifurcated online licensing structure, with distinct fees for sports betting and other gaming verticals, influence market entry strategies and competitive dynamics within the Greek iGaming landscape?"}],"footnotes":""},"categories":[28,16331,156],"tags":[29,3338,337],"class_list":["post-3068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-elsewhere-news","category-regulation-news","tag-casino","tag-greece","tag-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=3068"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3068\/revisions"}],"predecessor-version":[{"id":777009524,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3068\/revisions\/777009524"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/3071"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=3068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=3068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=3068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}