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

Thursday, February 6th, 2020

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

Many online gaming internet sites are taking issue with Greece’s new vague, complex and unfriendly Internet gambling laws for operators

The gambling that is online 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 online gambling only at a site that’s partially owned by the Greek government, they’ve also taken steps to block other sites from operating there. Even though its not all major gambling site has fallen victim to this tactic, some are making preemptively rather that worry about exactly what the near future holds there.

Confusing Gambling Laws

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

Strangely enough, other programs can submit an application for and receive licenses for online gambling if they wish to do so. Nonetheless, those licenses only allow them to provide ‘casino-type games of possibility, the outcome of that are not provided by a random number generator as in poker tournaments.’ Many commentators have noticed that this is often a strangely worded restriction, which makes it difficult for operators to know what if anything they are able to allow players to relax and play under a Greek license. (more…)