Hellenic Gaming Commission sees growth opportunities

A caller magnitude of the Greek gaming marketplace is being highlighted by the Hellenic Gaming Commission, focusing connected the industry’s accumulation and export potential.

In its monthly update, the Commission emphasized that some land-based and online gaming sectors prosecute a important fig of professionals, payment from contributions by world institutions, and see strong, well-established businesses.

According to the Commission, the Greek gaming market—particularly the online segment, some games of accidental and skill—is astatine the forefront of technological development, ample successful scale, and expanding rapidly. It has secured a precocious presumption internationally comparative to its size. As the Commission noted successful its analysis, there is simply a strong instauration for further growth, peculiarly successful the improvement of related products, the publication of specialized know-how, and export activity.

There are already highly dynamic companies successful this tract operating successful Greece, with important exports reaching planetary markets. These companies, the Commission added, should beryllium supported successful their efforts to turn their planetary presence.

However, there is presently nary organized mechanics for the production, continuous training, and certification of professionals who could thrust the improvement of this specific sub-sector of gaming with the imaginable to make galore well-paid jobs and pull skilled talent.

Furthermore, a cardinal prerequisite for the sector’s continued maturation is the proviso of incentives and different mechanisms that would leverage its competitory advantages. In this context, the Hellenic Gaming Commission noted that it has already initiated actions, emphasizing that there are important opportunities for further development.

Casinos, Investments, and a New Regulatory Framework – Online Gaming, High Taxation, and Risks
The Hellenic Gaming Commission besides underscored the request for investments successful the casino market, aiming to transform existing operations into full-spectrum amusement casinos that tin flooded the superior viability challenges they presently face. At the aforesaid time, the Commission stressed the necessity of a brand-new regulatory model built from the crushed up, aligned with planetary champion practices.

Regarding caller developments successful the sector, the enactment process for advisors connected the Crete Casino task is expected to beryllium completed by the extremity of June, with important changes besides anticipated crossed different companies successful the industry.