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Gambling Legislation Sent Again To European Commission

After the announcement of its intention to regulate the domestic gaming market, Greek government sent again the draft law to the European Union to be examined through the emergency procedure, on the grounds of public order disturbance from the growing number of interested parties.
The text for the regulation of the gaming market, which was posted on Tuesday at the European Commission’s information system TRIS, refers to the imperative need of Greek government for the immediate passage of the draft law, which is expected in late May 2011.
In this context, the Commission is requested to examine the posted text and send its comments in order to be incorporated in the legislative process quickly.
This development comes just a few days after the complication with the initial notification of the draft law, which was returned to Greece for reform, as Capital.gr noted.
Otherwise, the targeted revenue of €700m from the sale of licenses and the state’s share in the profits is undermined. In that case, alternative plans of these revenues are already prepared.
However, the admission of government’s inability to control the gambling market by referring to “serious and unforeseeable circumstances connected with the safety of citizens” may delay the process, as European Commission’s policy is to examine thoroughly public order issues.
(source: capital)

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