Sponsored by


REDS is a subsidiary of the Ellaktor Group, a large infrastructure firm in Greece and Southeast Europe.


Te land area is located on a beachfront and


Capital: Athens Total Area:


131,957sq.km Regions: 13 Administrative Regions Borders: Albania, North Macedonia, Bulgaria, Turkey Population: 10.4 million Median age: 46.5 years Religions: Greek Orthodox, Muslim. Languages: Greek Ethnic Groups: Greek, Albanian, other Currency: Euro


Government type: Parliamentary Republic Chief of State: President Konstantinos Tasoulas (since March 2025) Head of Government: Prime Minister Kyriakos Mitsotakis (since 2023) Elections: President elected by Hellenic Parliament for a five-year term. Next due 2030. Leader of majority party is appointed as Prime Minister. Unemployment: 8.3% (April 2025) Tourism: 35.9m (2024)


13km from the Nikos Kazantzakis airport and 16km from Heraklio. Tere is also a new airport in Crete currently being constructed in Kastelli just 20km away, which will serve around 10 million passengers initially and is expected to increase to 18 million and is due to begin operation in 2027. Te investment is seen as one of Crete’s most prominent tourist projects to date. In Greek mythology, the sea, heaven and hell


were created after the Gods Zeus, Poseidon and Hades split the universe with the roll of a dice. Zeus took Mount Olympus, Hades the underworld and Poseidon the sea. Gambling is in Greek blood. Te earliest casino


in Greece was opened in 1928 – the Club Hotel Casino in Loutraki - although the first laws con- cerning casinos didn’t happen until the 1960s. At the time and up until 1994 the law only


permitted three state-run casinos the first of which to open was the Mont Parnes Casino, located a few kilometres from Athens followed by Corfu’s Archilleon Casino and then Rhodes. In 1994, further licenses were granted and 12


in total were released. Tree of the 12 licences never completed their tender process and later in 2003, when the law changed the three licences were then cancelled. A law in 2011 (4002/2011) created a compre-


hensive regulatory framework for both retail and online gambling whilst new casino regulations were introduced in 2018 via law 4512/2018. Tere are two types of casino licences – a


simple casino licence and a ‘wide-range’ casino licence. Te simple casino licences enable gaming


rooms and accommodation of at least four stars or three keys classification. Te wide-range licence is for five-star hotels/establishments or facilities with a tourism infrastructure such as a conference centre or golf course, theme park, ski resort, or leisure facility. Simple type casino licences are valid for 15


years, whilst the wider range casino licences are valid for 30 years. Te casinos generate around eight per cent of


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