It’s All Greek When It Comes to Grecian Online Gambling Now
Numerous online gaming web sites are taking 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 way too lightly. As Greece tries 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 gambling that is major has fallen victim to the 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 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 the firm, and OPAP holds a monopoly that is complete land-based casino gambling into the country. OPAP comes with a virtual monopoly on online gambling until 2020 under Greek law, which states that only OPAP can offer most online gambling games.
Strangely enough, other programs can make an application for and receive licenses for online gambling if they would like to do so. However, those licenses only allow them to offer ‘casino-type games of chance, the outcomes of which 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, helping to make it hard for operators to know what if such a thing they could allow players to play under a Greek license. Sigue leyendo It’s All Greek When It Comes to Grecian Online Gambling Now