Proposal for no limit to online gaming permits

Grant Thornton recommends the full liberalization of Greece's online gaming market.

In a study prepared especially for the Greek government, the American consultancy firm proposes unlimited operating licenses for all kinds of games as long as the provider has a Greek domain name, ot a ".gr" suffix in its web address.

Grant Thornton particularly recommends two types of permits for gambling on the web: Type A licenses would concern all providers wanting to offer betting games (including soccer, etc) and bet exchange websites, and Type B licenses would be for suppliers of all other gaming types, including those based on random number generators (RNG) such as casino-type online games.

Licensed providers would be able to operate outside Greece, in another European Union country, but would have a server based in Greece containing the details of transactions made by...