WILL GREECE ALLOW CASINOS IN MAJOR TOURISM RESORTS?

Casino.org (6 December) reports that Greece is preparing to vote on a bill that would legalize three casinos in the popular tourism destinations of Crete, Santorini, and Mykonos, and also allow the country’s current gambling establishments to relocate.

The latter is perhaps the more important part of the legislation, as the Regency Casino Mont Parnes, the only gambling floor in the Athens area, could move down off the mountain and into the ancient capital.

The Greek Parliament is expected to vote on the measure before Christmas. Reports out of the southeastern European nation claim the casino bill has the adequate support required for passage.

If the bill is enacted, the Hellenic Gaming Commission would take on a greater responsibility in overseeing an expanded casino market. The commission would be tasked with licensing the three properties and regulating any relocation requests.