Recently, popular online casino game provider Stakelogic announced that its live casino division, Stakelogic Live, has received an operating license to enter the Greek iGaming market. As per the original article on the European Gaming news portal, this license allows Stakelogic to offer its full range of live table games to licensed operators in the Greek market from now on.
This is an important and strategic development for Stakelogic as Greece represents a key emerging market in the European Union region. As noted in the Europe Gaming article , the Greek gambling industry has thrived over the past few years under a regulated framework overseen by the Hellenic Gaming Commission. Securing this new license will allow innovative gaming providers like Stakelogic to tap into this high-growth market through partnerships with local operators.
According to Stephan van den Oetelaar, CEO at Stakelogic, Greece has always been integral to its expansion plans for 2023 and beyond. As quoted in the article, he said: “Our diverse range of popular live casino games and user-friendly features are sure to appeal to players in the Greek market and drive engagement.” This underscores how obtaining regulatory licenses to enter regulated markets aligns well with Stakelogic’s long-term strategy.
The article further notes that Stakelogic already has a strong presence across various European markets like Sweden, Latvia, Romania, Bulgaria, and more. Its live games portfolio incorporates unique themes and customization options using technologies like augmented reality and interactive game show features. This player-focused approach could differentiate Stakelogic in the crowded Greek live dealer segment if their games resonate well with local players.
In summary, Stakelogic securing official clearance to roll out its offerings in Greece is a noteworthy development for the company and the country’s regulated online gambling industry. It will enable Stakelogic to leverage its innovative live table games to establish a strong position in a fast-growing European market. As more operators seek to enhance player engagement, this could give Stakelogic a competitive advantage in Greece. It remains to be seen how quickly they can build market share by offering a standout live game experience tailored to Greek players’ preferences.