The importance of Greece’s gambling landscape is measured not just in numbers. Its social significance is a major factor in how the country regulates new online casinos, which are an important aspect of the country’s economy.
New casinos must apply for and receive a license to begin providing casino products and services to Greek citizens. As the country develops its online infrastructure, Greece is expanding opportunities for its residents to participate in online activities and business opportunities, including casino operation and gambling participation. With legal gambling revenues in Greece at more than $5 billion and illegal gambling revenues estimated to reach $3 billion, casino regulation is vital to increasing tax revenue dollars. More than 8 million citizens of Greece access the internet.
With the country looking to enable digital commerce throughout the region, casino regulators appear vital to Greece economic growth. With millions of Greek consumers betting online via the internet, citizens reach casinos wherever they are via mobile devices and personal computers.
Using innovative software and technology, new online casino platforms reach Greek players with the speed of the internet and accuracy of digital communication. As a result, a Greek citizen may view a pop-up ad on a mobile phone and begin wagering online in a matter of minutes. The simplicity of access to wagering benefits the country’s economy.