Exoplay Secures Prestigious Type 2 Online Gaming License from Hellenic Gaming Commission

Exoplay, a promising iGaming content supplier, clinches the prestigious Type 2 online gaming license from the Hellenic Gaming Commission (HGC).

This significant development empowers Exoplay to seamlessly operate a diverse array of games of chance, encoming live casino and RNG games, through its online platform.

Navigating New Frontiers

The seven-year duration of the license, acquired at a cost of €2 million, solidifies Exoplay’s position as the second casino-only operator in Greece. The HGC’s insights reveal a remarkable 328% growth in the Greek online casino market since 2019, underscoring the evolving landscape in the country.

Greece’s journey towards a flourishing online casino market has been transformative. Originating from a complete ban on electronic gambling in 2002, the legalization of land-based slot machines in 2011 marked a pivotal moment. The introduction of online gambling licenses in 2020 further fueled the industry’s evolution.

Milestone Achievement

Exoplay’s recognition as the 19th company to secure the coveted HGC license signifies the company’s desire to navigate and thrive in Greece’s dynamic online gaming scene. As a torchbearer for innovative gaming experiences, the brand is poised to unlock new realms of entertainment and engagement for Greek players.

Constantine Koumatos, Exoplay Managing Director, said: “We are absolutely excited to receive the green light to enter one of the most competitive, demanding and dynamic markets in Europe. Our vision is to offer a gaming proposition which will stand out and stand apart among other, characteristically identical, online casinos and we are very much looking forward to presenting ours to the Greek players and to the world.”

The Hellenic Gaming Commission (HGC) is the regulatory authority overseeing Greece’s gaming industry. Established in 2011, it plays a pivotal role in regulating both land-based and online gambling activities in the country. Responsible for issuing licenses, monitoring compliance, and ensuring fair play, the HGC aims to create a transparent and secure gaming environment. In recent years, it has facilitated the growth of the Greek online casino market by introducing licenses for online gambling operators. Its regulatory framework has undergone updates to adapt to the evolving landscape, promoting responsible gaming practices and safeguarding the interests of both operators and players.

Source:

”Exoplay awarded licence by Hellenic Gaming Commission”, gamblinginsider.com, December 22, 2023.