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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 gaming that is online are using issue with Greece’s new obscure, complex and unfriendly Internet gambling laws for operators

The gambling that is online in Greece is in a state of flux and that might be putting it much too lightly. As Greece tries 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 internet sites from operating here. And even though its not all gambling that is major has dropped victim to this tactic, some are leaving preemptively rather that worry about exactly what the long run 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. (called OPAP in Greece). The federal government owns 34% for the firm, and OPAP holds a complete monopoly on land-based casino gambling into the nation. OPAP also offers a monopoly that is virtual online gambling until 2020 under Greek law, which states that only OPAP can offer most online gambling games.

Strangely enough, others can apply 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 chance, the outcomes of that are not provided by a number that is random as in poker tournaments.‘ Many commentators have remarked that this is often a strangely worded restriction, which makes it hard for operators to understand what if any such thing they could allow players to play under a Greek license. (mehr …)