Press Release: State Aid: Commission prohibits aid to Greek casinos; finds that privatisation of Casino Mont Parnès involved no aid

The European Commission has concluded two investigations under EU state aid rules concerning Greek casinos. In one decision, the Commission found that the lower taxation of admissions in state-owned casinos is unlawful aid because it creates a fiscal discrimination in favour of public casinos without an objective justification. In the other decision, the Commission concluded that the terms of the sale of the Greek State's 49% stake in Casino Mont Parnès were market conform and therefore free of state aid.