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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

Many gaming that is online are taking 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 might be placing it 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 web sites from operating here. And even though its not all gambling that is major has fallen target for this tactic, some are making preemptively rather that worry about exactly what the long term holds there.

Confusing Gambling Laws

Greek online gaming laws are notoriously difficult to parse, and appear to be made to ensure a monopoly for the Greek Organization of Football Prognostics S.A. (known as OPAP in Greece). The us government owns 34% associated with the firm, and OPAP holds a monopoly that is complete land-based casino gambling in 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 sufficient, other companies can make an application for and receive licenses for online gambling if they wish to do so. Nevertheless, those licenses only allow them to provide ‘casino-type games of opportunity, the results of that are not provided by a random number generator as in poker tournaments.’ Many commentators have remarked that this is often a strangely worded restriction, making it hard for operators to understand what if such a thing they are able to allow players to try out under a Greek license. (more…)