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The new 
                regulations come into effect on the 5th March 2025, and 
                include a range of fines and sanctions that can be imposed by 
                the Greek Government. The RGA has issued a press release stating 
                that it is aware that some Operators have already received 
                "cease and desist" letter from the Greek Gambling Commission.
 
The RGA already 
                has existing formal complaints registered with the European 
                Union (EU) about the Greek law. It is now believed that the RGA 
                will be working with their legal teams, in both Athens and 
                Brussels, regarding these recent enforcement regulations. The 
                RGA believes that these regulations are protectionist in nature 
                and contrary to EU law and unworkable.
 
"These measures 
                have clearly been introduced in haste and we cannot believe that 
                they have been approved by the European Commission. They are 
                blatantly protectionist in nature and if EU Internal Market 
                rules mean anything then the European Commission must take 
                prompt action to make Greece reconsider. Whether it is raised in 
                Brussels or Athens, nobody could fail to note coincidence that 
                these measures have been rushed through with a ridiculously 
                short deadline, at a time then the Greek Government is actively 
                looking to sell its shares in OPAP." Said Clive Hawkswood, Chief 
                Executive of the RGA. |