SoftGamings reports another successful global expansion after receiving an A1 license in Greece. This will allow the company to expand its global dominance by stepping into the Greek market.
The whole process started in 2019 when Greece decided to make changes in its regulatory framework. In October of the same year, Greece’s Parliament and Ministry of Finance went a step further and submitted a document to the European Commission outlining new regulations.
At the beginning of 2021, SoftGamings applied for the A1 license in Greece to the Hellenic Gaming Commission (HGC). On June 1, 2021, SoftGamings received its Manufacturer A1 Suitability license, which allows the company to offer its services and products to regulated and licensed operators in Greece.
According to Irina Sazonova, SoftGamings’ Director of Partnerships, the company is extremely proud of acquiring its latest license. She added that SoftGamings is happy to continue its global expansion, moving closer to its goal with the Greek market. Here is what she shared about the iGaming industry in Greece: “The Greek market has experienced significant growth in online gaming over recent years, and becoming a licensed provider in Greece would be a valuable milestone to open up new opportunities.”
SoftGamings considers Greece a fruitful market in the iGaming industry, which will hopefully prove correct after this expansion. The Hellenic iGaming landscape looks promising, with its market growing steadily in the last couple of years. The new regulatory system will significantly contribute to the industry’s sustainable growth.