Greece is likely to legalize online gambling in 2016, as Prime Minister Alexis Tsipras continues to look for new sources of revenue to aid in the beleaguered countrys economic recovery. (Image: Petros Giannakouris/AP)
Greece is looking to new industries and untapped markets to help reduce its debt crisis and adhere to stipulations set forth as part of the countrys bailout financing.
And now, after floating the idea of online gambling last year, the Greek government says its moving forward with legislation to license Internet casinos.
Deputy Prime Minister Tryfon Alexiadis suggested that the upcoming bill will call for iGaming licenses to be issued to qualified operators at a cost of 3 million ($3.3 million) and taxed at a minimum…
Read the full article at: https://www.casino.org/news/greece-looks-to-online-gambling-to-aid-financial-struggles