Greece’s draft egaming legislation has been withdrawn for further consultation, after the ruling Socialist party (PASOK) expressed concerns with the law tabled by finance minister George Papaconstantinou.
A PASOK MP present at a meeting of party members told Reuters: “There were objections…that Greece would become a vast casino.” Socialist party MP Dimitris Papoutsis added: “We should not go towards full deregulation of gaming and gambling."
The Greek government presented the bill aimed at raising around €700m this year from the issue of 15-55 new licences to its parliament last month.
Greece’s draft legislation has already undergone several changes since being introduced in January. Last month the government voted for a 30% gross profit tax (GPT) instead of the 6% turnover levy originally proposed after briefing from lobby group the Remote Gambling Association.
The Greek government also dropped plans last month for a “black period”, requiring applicant operators to cease activity in the market until licensed.