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

Февраль 12, 2020

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

Numerous online gaming web sites are using 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 attempts to transition in to a system where players can enjoy online gambling only at a site 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 dropped target to the tactic, some are leaving preemptively rather that worry about what the near future holds there.

Confusing Gambling Laws

Greek online gaming laws are notoriously tough to parse, and appear to be designed to ensure a monopoly for the Greek Organization of Football Prognostics S.A. (called OPAP in Greece). The federal government owns 34% associated with the firm, and OPAP holds a monopoly that is complete land-based casino gambling into the country. OPAP also offers a monopoly that is virtual online gambling until 2020 under Greek law, which states that only OPAP can provide most online gambling games.

Strangely enough, other companies 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 provide ‘casino-type games of possibility, the outcome of that aren’t provided by a random number generator as in poker tournaments.’ Many commentators have remarked that this may be a strangely worded restriction, making it difficult for operators to know what if anything they could allow players to play under a Greek license. (далее…)