It’s All Greek When It Comes to Grecian Online Gambling Now

It’s All Greek When It Comes to Grecian Online Gambling Now

Many gaming that is online are taking issue with Greece’s new obscure, complex and unfriendly Internet gambling laws for operators

The gambling that is online in Greece is in a state of flux and that would be placing it much too lightly. As Greece attempts to transition in to a system where players can enjoy online gambling only at a website that is partially owned by the Greek government, they’ve also taken steps to block other web sites from operating there. Even though its not all major gambling site has fallen target to the tactic, some are leaving preemptively rather that worry about what the future holds there.

Confusing Gambling Laws

Greek online gaming laws are notoriously tough to parse, and be seemingly designed to ensure a monopoly for the Greek Organization of Football Prognostics S.A. (called OPAP in Greece). The us government owns 34% associated with firm, and OPAP holds a complete monopoly on land-based casino gambling within the nation. OPAP even offers a digital monopoly on online gambling until 2020 under Greek law, which states that only OPAP can provide most online gambling games.

Strangely sufficient, other companies can make an application for and receive licenses for online gambling if they would like to do so. However, those licenses only allow them to provide ‘casino-type games of chance, the outcomes of which are not provided by a number that is random as in poker tournaments.’ Many Read more