It’s All Greek When It Comes to Grecian Online Gambling Now
Many gaming that is online are using issue with Greece’s new vague, 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 too lightly. As Greece attempts 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 its not all major gambling site has fallen victim to this tactic, some are leaving preemptively rather that worry about just what the near future holds there.
Confusing Gambling Laws
Greek online gaming laws are notoriously tough to parse, and be seemingly built to ensure a monopoly for the Greek Organization of Football Prognostics S.A. (known as OPAP in Greece). The us government owns 34% of the firm, and OPAP holds a complete monopoly on land-based casino gambling in the country. OPAP also has a monopoly that is virtual online gambling until 2020 under Greek law, which states that only OPAP can provide many online gambling games.
Strangely sufficient, other companies 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 that are not provided by a random number generator as in poker tournaments.’ Many commentators have remarked that this may be a strangely worded limitation, helping to make it difficult for operators to know what if any such thing they could allow players to play under a Greek license.