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 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 could be putting it way too lightly. As Greece attempts to transition in to a system where players can enjoy gambling that is online at a website that’s partially owned by the Greek government, they’ve also taken steps to block other internet sites from operating here. Even though its not all gambling that is major has fallen victim to the tactic, some are making preemptively rather that worry about just what the long run holds there.

Confusing Gambling Laws

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

Strangely sufficient, other programs can apply 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 aren’t provided by a number that is random as in poker tournaments.’ Many commentators have noticed that this can be a strangely worded limitation, making it hard for operators to understand what if any such thing they can allow players to relax and play under a Greek license. Continue reading « It’s All Greek When It Comes to Grecian Online Gambling Now »