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It’s All Greek When It Comes to Grecian Online Gambling Now

Mittwoch, Februar 12th, 2020

It’s All Greek When It Comes to Grecian Online Gambling Now

Numerous online video gaming websites are taking 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 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 sites from operating there. And while not every gambling that is major has dropped target for this tactic, some are leaving preemptively rather that worry about what the future holds there.

Confusing Gambling Laws

Greek online gaming laws are notoriously hard to parse, and be seemingly made to ensure a monopoly for the Greek Organization of Football Prognostics S.A. (referred to as OPAP in Greece). The us government owns 34% regarding the firm, and OPAP holds a monopoly that is complete land-based casino gambling within the country. OPAP also offers a virtual monopoly on online gambling until 2020 under Greek law, which states that only OPAP can offer many online gambling games.

Strangely sufficient, others can make an application for and receive licenses for online gambling if they wish to do so. Nonetheless, those licenses only allow them to supply ‚casino-type games of opportunity, the outcomes of that aren’t provided by a random number generator as in poker tournaments.‘ Many commentators have noticed that it is a strangely worded limitation, making it hard for operators to understand what if such a thing they can allow players to play under a Greek license. (mehr …)