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



Many online gaming sites 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 could be putting it much too lightly. As Greece tries 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 sites from operating there. And while not every major gambling site has fallen target to the tactic, some are making preemptively rather that worry about what the long term 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. (referred to as 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 digital monopoly on online gambling until 2020 under Greek law, which states that only OPAP can provide many online gambling games.

Strangely sufficient, others can make an application 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 are not provided by a random number generator as in poker tournaments.’ Many commentators Continue reading