1. Growing Online Gambling Market
- The Greek online gambling market has witnessed significant growth in recent years, indicating a strong player base.
- Greece boasts a young and tech-savvy population, propelling the online gambling market forward.
2. Reformed Regulatory Framework
- Hellenic Gaming Commission (HGC) established in 2011, regulates online gambling operations, providing a clear and transparent framework.
- The HGC prioritizes responsible gambling practices, ensuring player protection and fostering trust.
- The licensing process for online gambling businesses has been streamlined in recent years.
3. Strategic EU Location
- Being a member of the European Union grants access to a wider European market, facilitating potential expansion.
- Greece’s location positions it well to target both European and Eastern Mediterranean markets.
4. Additional Considerations
- While not the highest in the EU, Greece’s corporate tax rate for online gambling operators might be less attractive compared to some emerging markets.
- The Greek online gambling market is becoming increasingly competitive, with established domestic and international operators vying for market share.
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