It’s All Greek When It Comes to Grecian Online Gambling Now
Numerous gaming that is online 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 placing it way too lightly. As Greece tries to transition as 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 sites from operating there. Even though not every major gambling site has fallen victim to this tactic, some are making 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. (called OPAP in Greece). The federal government owns 34% associated with the 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 offer many online gambling games.
Strangely enough, other programs can apply for and receive licenses for online gambling if they wish to do so. Nevertheless, those licenses only allow them to offer ‘casino-type games of possibility, the outcome of which are not provided by a number that is random as in poker tournaments.’ Many commentators have pointed out that this may be a strangely worded restriction, helping to make it difficult for operators to understand what if any such thing they are able to allow players to try out under a Greek license.