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 online gaming web sites are using 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 might be putting it much too lightly. As Greece tries to transition into 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 internet sites from operating here. And even though its not all gambling that is major has dropped victim to this tactic, some are leaving preemptively rather that worry about exactly what the near future holds there.

Confusing Gambling Laws

Greek online gaming laws are notoriously tough to parse, and appear to be made to ensure a monopoly for the Greek Organization of Football Prognostics S.A. (known as OPAP in Greece). The government owns 34% associated with firm, and OPAP holds a monopoly that is complete land-based casino gambling into 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 enough, other companies can submit an application for and receive licenses for online gambling if they would like to do so. But, those licenses only allow them to supply ‘casino-type games of chance, the results of that are not provided by a random number generator as in poker tournaments.’ Many commentators have noticed that this can be a strangely worded restriction, helping to make it difficult for operators to understand what if any such thing they could allow players to relax and play under a Greek license. More →