Greek regulator to work with AI and national bank on black market

by iGamingExpert
2 minutes read
The Greek government is set to take a new approach to tackling unlicensed gaming, enabling a far more extensive strategy from the Hellenic Gaming Commission (EEEP).

Key to the new roadmap is tapping into AI surveillance and DNS filtering as the gaming regulator looks to tap into strengthened collaboration with the Bank of Greece.

It comes at a time when black market size estimates are drifting around €1.6bn–€1.7bn, triggering urgency from the Greek government to embolden the regulator to enhance its action against the surging issue.

Furthermore, it was a pledge at the start of the year from Greek Economic Minister Kyriakos Pierrakakis, who emphasised he would fast-track action to tackle the issue, which costs Greece around €600m in tax revenue.

Underpinning the threat, the economic minister detailed that almost 10% of the population had engaged with the black market sector in some form, revealing just how significant the market exposure of unlicensed operators is.

According to r..

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