One of the world’s leading igaming developers, Play’n GO, has finally received the much-anticipated gambling license renewal for the Greek market. More specifically, the Hellenic Gaming Commission approved the new license after reviewing if everything is up to the newly constituted gambling legislation. This is definitely the turning point for the Greek gambling scene. Especially since these new regulations are making a real change in the way online casinos will offer their services from now on.
Following in the footsteps of several European counterparts, Greece is another one of the select European countries that seem to recognize the need for a better-regulated gambling scene. The new gambling law in Greece allows a maximum of €2 per spin. This applies to all online casinos. Another thing is that players have to wait a minimum of 3 seconds before hitting the ‘Respin’ button.
This is so that you have a certain amount of time to cool down. Moreover, another new rule is concerning the maximum prize. To be specific, win at slots is now limited to €70.000, per round. Given this new set of regulations, we can only assume that Play’n GO ticks all the boxes.
Play’n GO are quite clear on the matter and salute these new regulations. Commenting on the subject, Magnus Olsson, Head Of Sales and Account Management at Play’n GO said the following:
Regulatory changes are a constant in the global gaming industry, and we welcome the new clarity provided by the Hellenic Gaming Commission in their latest framework.
Magnus Olsson – Head of Sales and Account Management at Play’n GO
Consequently, if anyone deserves to get their license renewed then it is Play’n GO for sure. One look at the company portfolio and you will see why. To give you a glimpse, the company employs licenses from several reputable gambling regulators. Such as the UK Gambling Commission, Malta Gaming Authority, Belgian Gaming Commission and the Romanian National Gambling Office. This is in addition to holding gambling certificates in a plethora of jurisdictions.
With this in mind, it should come as no surprise that the Hellenic Gaming Commission decided to approve the renewal of Play’n GO gambling license. And it is worth mentioning that Play’n GO is one of the first to get their license renewal. All in all, this just confirms the magnitude of this igaming giant. Definitely one of the best providers out there.
