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 online video gaming websites 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 would be placing it too lightly. As Greece attempts to transition as a system where players can enjoy gambling that is online at a site that is partially owned by the Greek government, they’ve also taken steps to block other web sites from operating here. Even though not every gambling that is major has dropped target to this tactic, some are leaving preemptively rather that worry about just what the long run holds there.

Confusing Gambling Laws

Greek online gaming laws are notoriously hard to parse, and be seemingly designed 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 complete monopoly on land-based casino gambling within the nation. OPAP even offers a monopoly that is virtual online gambling until 2020 under Greek law, which states that only OPAP can offer most online gambling games.

Strangely enough, 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 offer ‘casino-type games of opportunity, the results of which are not provided by a number that is random as in poker tournaments.’ Many commentators have pointed out that this is usually a strangely worded limitation, which makes it hard for operators to learn what if such a thing they can allow players to try out under a Greek license. Continue reading “It’s All Greek When It Comes to Grecian Online Gambling Now”