Legal & compliance

SoftGamings to expand its services to Greece

| By Soft2bet

Platform provider submits application for Manufacturer A1 Suitability licence to Hellenic Gaming Commission

Last year regulatory changes entered into force in Greece, allowing only licensed providers to operate in the Greek market. Greece’s parliament passed the Gambling Regulations in October 2019 and its Ministry of Finance submitted the draft of regulations with amendments and controls to the European Commission for approval. However, by the end of last year the Hellenic Gaming Commission (HGC) had started to accept applications for licenses.

In order to expand its services to Greece, SoftGamings has submitted an application for a Manufacturer A1 Suitability licence.

As a result of this submission, the company will be able to offer its products and services to all gaming operators that are licensed and offering their services to players in Greece. SoftGamings considers Greece as an exciting market.

Commenting on the licensing process by HGC, Irina Sazonova, director of partnerships at SoftGamings, said: “Starting the licensing procedure with the HGC is a huge achievement for SoftGamings. After all, the Hellenic Gaming Commission is a highly-regarded regulator with strict standards. Its members make sure that all gambling activities in Greece are well-organized and carried out with maximum transparency and fairness. Moreover, the HGC ensures that all illegal gambling operations are prevented, providing maximum safety to operators and consumers alike.

“SoftGamings shares the high standards of HGC and we strive to reaffirm the quality of our products and services. The Greek market has experienced significant growth in online gaming over recent years, and becoming a licensed Greek provider would be a valuable milestone to open up new opportunities. Our company is hoping to get the Greece license and look forward to entering the Greek market.”

WildFlower