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Tag Archives: gambling

Greece reconsiders tax hike for online gambling

The Greek government has reconsidered its plans to introduce double taxation on online gambling in the country. Earlier in the month, the country’s Ministry of Development and Investment revealed its plans to introduce tax hikes for the online gambling industry in the country. In the said proposal the cost of …

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Greece releases new regulations for online gambling

Greece has been having a state monopoly on gambling for decades but now this is going to change. Several months ago, Greek authorities announced that they were working on new regulations for casino licenses and they have been eagerly anticipated ever since. Now details of these regulations have been released …

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Greek FinMin: new tax scheme for OPAP gambling, wins up €100 to tax-free

Greek finance ministry announced on Sunday a new taxation scheme for gambling wins. It steps back from the original plan to tax the OPAP wins from the very first euro after objections of the gambling agents and the green light from the European Commission. Wins up to 100 euro will …

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EU court rules OPAP gambling monopoly “illegal”

Greece’s gambling monopoly owned byOpap SA (OPAP) was ruled illegal by the European Union’s highest court, sending shares of the company down as much as 21 percent. EU law prohibits national rules that grant exclusive rights without serving the public interest by reducing the number of betting opportunities, the EU …

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