The Greek online gaming industry offers significant investment opportunities despite any challenges existing in the market. This was the conclusion of speakers at a panel in the "Greek Online Gaming Day" conference organized by the Hellenic Gaming Association in cooperation with CLEON Conferences & Communications in Athens.

Takis Alexopoulos, a professor at the University of the Peloponnese, said that today was the best time for an investor to come to Greece since significant and fundamental steps have been made in the sector, while at the same time the country is going through a period of stability. The comparative advantages of the country in this sector include the skills of the human resources. "Investors can trust Greece," he said.

He also referred to actions and initiatives such as creation of a Gaming Observatory and certification of professions and the importance of documenting the sustainability of services.

Vasilios Kyritsis, accountant/auditor, presented the gaming industry's contribution to public revenues, which was significant and included categories such as GGR Tax, income tax, licensing fees, casino entrance fee, etc.

Kyriakos Fourniadis, general manager in Better Collective, said there were bureaucratic and tax issues and the licensing costs that needed to be improved to attract greater investments and noted that significant steps have been made in the country in the last few years towards the development of the sector. The Greek market will mature in coming years, he said, and it was important to size-up the market with new players.
 

(Videotaped speeches of the conference participants are available at https://www.amna.gr/video-services/0/%CE%8C%CE%BB%CE%B1)
 

(Photo, L to R: Alexopoulos, Kyritsis, Fourniadis)