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 online gambling landscape in Greece is in a state of flux and that would be putting it too lightly. As Greece tries to transition in to a system where players can enjoy gambling that is online at a website that is partially owned by the Greek government, they’ve also taken steps to block other sites from operating there. And even though its not all major gambling site has dropped victim to this tactic, some are leaving preemptively rather that worry about exactly what the future holds there.

Confusing Gambling Laws

Greek online gaming laws are notoriously tough to parse, and seem to be made to ensure a monopoly for the Greek Organization of Football Prognostics S.A. (referred to as OPAP in Greece). The us government owns 34% associated with the firm, and OPAP holds a monopoly that is complete land-based casino gambling in the country. OPAP also has a monopoly that is virtual 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. Nonetheless, those licenses only allow them to supply ‘casino-type games of chance, the outcome of that aren’t provided by a number that is random as in poker tournaments.’ Many commentators have noticed that this may be a strangely worded limitation, which makes it hard for operators to know what if anything they could allow players to try out under a Greek license. Continue reading It’s All Greek When It Comes to Grecian Online Gambling Now