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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 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 could be placing it way too lightly. As Greece tries to transition in to a system where players can enjoy gambling that is online at a site that’s partially owned by the Greek government, they’ve also taken steps to block other web sites from operating there. And even though not every major gambling site has dropped victim to the tactic, some are making preemptively rather that worry about exactly what the near future holds there.

Confusing Gambling Laws

Greek online gaming laws are notoriously difficult to parse, and be seemingly built to ensure a monopoly for the Greek Organization of Football Prognostics S.A. (referred to as OPAP in Greece). The us government owns 34% of this firm, and OPAP holds a monopoly that is complete land-based casino gambling into the nation. OPAP even offers a monopoly that is virtual online gambling until 2020 under Greek law, which states that only OPAP can provide many online gambling games.

Strangely enough, other businesses can submit an application for and receive licenses for online gambling if they wish to do so. Nonetheless, those licenses only allow them to supply ‘casino-type games of possibility, the outcomes of that are not provided by a number that is random as in poker tournaments.’ Many commentators have pointed out that this is a strangely worded limitation, making it difficult for operators to learn what if such a thing they can allow players to try out under a Greek license.