Greek court’s decision puts VLT market in limbo

The Greece’s Council of State has ruled that the installation of more than 19k video lottery terminals (VLT) in 2017 was executed without proper authorization, putting the fortunes of former gambling monopoly OPAP in limbo. The administrative court said allowing the installation of the VLTs in 2016 violated Article 29 of Law 4002/2011, “which requires the regulation of controversial issues with a regulation adopted by Presidential Decree.” However, despite the issuance of the ruling, the Court did not categorically order the suspension of VLT operations.
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Greek court ruling throws VLT market into legal purgatory
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The Story

The Greece’s Council of State has ruled that the installation of more than 19k video lottery terminals (VLT) in 2017 was executed without proper authorization, putting the fortunes of former gambling monopoly OPAP in limbo. The administrative court said allowing the installation of the VLTs in 2016 violated Article 29 of Law 4002/2011, “which requires the regulation of controversial issues with a regulation adopted by Presidential Decree.” However, despite the issuance of the ruling, the Court did not categorically order the suspension of VLT operations.

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