Betsson has announced the acquisition of two gaming licenses in Greece
"We are very pleased to have obtained these licenses and to welcome Greece as the 18th regulated market for Betsson. As in other countries, our goal in this territory is to provide the best customer experience. To enhance our offerings, we are collaborating with some excellent game suppliers and payment aggregators. The Greek market has seen significant growth in recent years, and we see great potential," said Pontus Lindwall, President and CEO of Betsson.
The company stated that its Greek brand will be launched with a focus on meeting the needs of local gambling enthusiasts. A qualified customer support service for the online casino and sportsbook will operate in Greek.
The Greek gaming regulator opened the application process for new online casino licenses in October of last year, following the government's adoption of a new regulatory framework for the industry a year prior.
The cost of a sports betting license is estimated at €3 million, while an online casino license costs €2 million. Each license is valid for a seven-year term, and all licensees are required to pay a 35% tax on gross gaming revenue.
Under current Greek gambling legislation, participants in gambling activities must be at least 21 years old. The regulations also impose strict conditions on online casinos, including a maximum bet of €2 per slot. The maximum payout for a slot machine cannot exceed €5,000, and the limit for jackpot games is set at €50,000.
In related news, Armenia has tightened its laws regarding the advertising of gambling activities.
Blog
Explore more interesting news
Amigo Gaming has announced a new partnership with Elantil, a company renowned for its flexible, modern, and operator-focused approach. As part of the agreement, the ...
The Brazilian Senate's Economic Affairs Committee (CAE) has approved a bill to gradually increase the gross gaming revenue (GGR) tax for casino operators from 12% ...
Pragmatic Play has announced a new partnership with Loterías Torito, aimed at strengthening the provider's position in the regulated Peruvian iGaming market. This agreement will ...
Lotte Tour Development Co. Ltd, the owner of the South Korean casino Jeju Dream Tower, has released its financial results for November 2025. During this ...
Genting Malaysia's revenues significantly exceeded forecasts for the third quarter of 2025. The group's total revenue rose by 22% year-on-year, reaching $813 million (63.6 billion ...
A user of the online casino DraftKings in Michigan has set a new record for the American gambling industry by winning the largest jackpot in ...
Content provider for online casinos, Amigo Gaming, is continuing its expansion in Latin America. The company has announced an extension of its strategic partnership with ...
The regulated sectors of online betting and land-based gambling have played a crucial role in the significant increase in Brazil's tax revenues in October and ...
Finland is steadily moving towards the licensing of its iGaming sector. Today, the country's authorities published two draft technical documents that will form part of ...
BGaming, a prominent game developer, has been honored with the prestigious SiGMA Central Europe Award for "Best Casino Game of 2025" for its viral hit, ...
The iGaming industry in Ontario set record results in October 2025, achieving its highest figures since the launch of the regulated market in 2022. According ...
Booming Gaming has announced a partnership with online casino operator Placard, marking the supplier's debut in Portugal's regulated iGaming market and strengthening its presence in ...
