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

The online gambling landscape in Greece is in a state of flux and that would be putting it way too lightly. As Greece tries to transition in to a system where players can enjoy online gambling only at a website that’s partially owned by the Greek government, they’ve also taken steps to block other sites from operating here. And while not every major gambling site has fallen victim for this tactic, some are leaving preemptively rather that worry about exactly what the long term holds there.

Confusing Gambling Laws

Greek online gaming laws are notoriously difficult to parse, and seem to be built to ensure a monopoly for the Greek Organization of Football Prognostics S.A. (known as OPAP in Greece). The government owns 34% regarding the firm, and OPAP holds a monopoly that is complete land-based casino gambling into the country. OPAP also has a virtual monopoly on online gambling until 2020 under Greek law, which states that only OPAP can offer most online gambling games.

Strangely sufficient, other businesses can apply for and receive licenses for online gambling if they would like to do so. But, those licenses only allow them to offer ‘casino-type games of chance, the outcome of that are not provided by a random number generator as in poker tournaments.’ Many commentators have pointed out that this is a strangely worded limitation, helping to make it difficult for operators to know what if anything they are able to allow players to play under a Greek license. Читать/смотреть далее