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

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

Numerous online gaming sites are taking issue with Greece’s new vague, complex and unfriendly Internet gambling laws for operators

The online gambling landscape in Greece is in a state of flux and that might be placing it too lightly. As Greece tries 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 sites from operating here. And even though not every major gambling site has dropped victim to this tactic, some are leaving preemptively rather that worry about what the long run holds there.

Confusing Gambling Laws

Greek online gaming laws are notoriously difficult to parse, and be seemingly made 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 country. OPAP has also a monopoly that is virtual online gambling until 2020 under Greek law, which states that only OPAP can offer most online gambling games.

Strangely sufficient, others can submit an application for and receive licenses for online gambling if they wish to do so. However, those licenses only allow them to offer ‘casino-type games of opportunity, the outcome of which are not provided by a random number generator as in poker tournaments.’ Many commentators have pointed out that this is often a strangely worded restriction, which makes it difficult for operators to understand what if any such thing they are able to allow players to try out under a Greek license. Daha fazlasını oku