Greece is a country with a long history of gaming and gambling. The Greek government has a long-standing policy of regulating and licensing gaming and gambling activities in the country in order to protect consumers and ensure that the industry operates in a fair and transparent manner.
To obtain a gaming/gambling license in Greece, an applicant must meet a number of requirements set forth by the government. These requirements are designed to ensure that the applicant has the necessary expertise, financial resources, and business plan in place to operate a gaming/gambling business in a responsible and sustainable manner.
One of the key requirements for obtaining a gaming/gambling license in Greece is that the applicant must have a clean criminal record. This means that the applicant must not have any prior convictions for crimes related to gaming or gambling, such as fraud or money laundering. In addition, the applicant must not have any outstanding legal judgments against them, and must not be the subject of any ongoing legal proceedings.
Another important requirement for obtaining a gaming/gambling license in Greece is that the applicant must have the necessary financial resources to operate their business. This means that the applicant must have sufficient funds available to cover the costs of setting up and operating their business, including the cost of purchasing or leasing premises, purchasing equipment and software, and hiring staff. In addition, the applicant must have sufficient funds available to cover any potential losses or liabilities that may arise from their business operations.
In order to demonstrate that they have the necessary financial resources to operate a gaming/gambling business, applicants must provide detailed financial statements and other supporting documentation to the Greek gaming/gambling regulator. This documentation must include information on the applicant’s financial assets, liabilities, and income, as well as details of any loans or other forms of financing that the applicant has obtained.
In addition to demonstrating financial viability, applicants for a gaming/gambling license in Greece must also have a clear and well-defined business plan. This plan must outline the applicant’s proposed business operations, including details of the types of games and services that will be offered, the target market for the business, and the marketing and advertising strategies that will be used to attract customers.