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 video gaming sites 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 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 here. Even though not every major gambling site has dropped victim to the tactic, some are making preemptively rather that worry about what the future holds there.

Confusing Gambling Laws

Greek online gaming laws are notoriously hard to parse, and appear 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% of the firm, and OPAP holds a complete monopoly on land-based casino gambling into the nation. OPAP even offers a virtual monopoly on online gambling until 2020 under Greek law, which states that only OPAP can provide many online gambling games.

Strangely sufficient, other programs can make an application for and receive licenses for online gambling if they would like to do so. Nevertheless, those licenses only allow them to offer ‚casino-type games of opportunity, the outcomes of which are not provided by a random number generator as in poker tournaments.‘ Many commentators have noticed that this is a strangely worded restriction, helping to make it hard for operators to learn what if such a thing they could allow players to play under a Greek license. „It’s All Greek When It Comes to Grecian Online Gambling Now“ weiterlesen