Principles of regulation
The regulatory activities of the Hellenic Gaming Commission (HGC) are founded on a set of core principles that ensure its interventions are effective, proportionate, evidence-based, and aligned with the public interest. Established by HGC Decision 8/6/25.05.2012, these principles form the cornerstone of the Commission’s regulatory approach and guide the development, implementation, and evaluation of the regulatory framework governing the gambling market.
Principle of proportionality
The HGC intervenes only where necessary and adopts measures that are appropriate, necessary, and proportionate to the regulatory objective pursued. This ensures effective risk management while avoiding unnecessary or excessive burdens on supervised entities.
Principle of accountability
The HGC exercises its regulatory powers in a responsible and transparent manner. Its decisions are evidence-based, properly reasoned, and adequately documented, promoting public confidence and enabling effective scrutiny of its actions.
Principle of consistency
The HGC seeks to maintain a coherent, predictable, and stable regulatory framework. Regulatory requirements are applied objectively, impartially, and consistently, ensuring equal treatment of all supervised entities.
Principle of transparency
The HGC promotes transparency by developing clear, understandable, and accessible rules and procedures. Through open communication and the publication of regulatory information, it fosters trust among supervised entities, public authorities, and citizens.
Principle of adherence to regulatory purpose
The HGC designs and implements regulatory measures with a clear focus on addressing identified market risks and regulatory objectives. In doing so, it seeks to maximise the effectiveness of its interventions while minimising unintended or disproportionate consequences.
Principle of social responsibility and empathy
The HGC conducts its regulatory activities with an awareness of the social impact of gambling. It promotes responsible gambling practices, protects players and vulnerable groups, and takes into account the broader interests of society when developing and implementing regulatory measures. The Commission also maintains an open and constructive dialogue with stakeholders and the wider public, supporting an inclusive and socially responsible approach to regulation.