It’s All Greek When It Comes to Grecian Online Gambling Now
Many online video gaming websites are taking 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 much too lightly. As Greece attempts to transition into a system where players can enjoy online gambling only 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 major gambling site has dropped target to the tactic, some are leaving preemptively rather that worry about exactly what the near future holds there.
Confusing Gambling Laws
Greek online gaming laws are notoriously hard to parse, and seem to be designed to ensure a monopoly for the Greek Organization of Football Prognostics S.A. (called OPAP in Greece). The government owns 34% associated with firm, and OPAP holds a monopoly that is complete land-based casino gambling in the country. OPAP also has a virtual monopoly on online gambling until 2020 under Greek law, which states that only OPAP can offer most online gambling games.
Strangely enough, other businesses 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 possibility, the outcome of that aren’t provided by a number that is random as in poker tournaments.’ Many commentators have noticed that this can be a strangely worded limitation, which makes it hard for operators to learn what if any such thing they can allow players to relax and play under a Greek license. Continue reading “It’s All Greek When It Comes to Grecian Online Gambling Now”