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

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

Numerous gaming that is online 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 could be placing it much too lightly. As Greece attempts to transition into a system where players can enjoy gambling that is online 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 while its not all major gambling site has fallen victim for this tactic, some are leaving preemptively rather that worry about just what the near future holds there.

Confusing Gambling Laws

Greek online gaming laws are notoriously hard to parse, and be seemingly designed to ensure a monopoly for the Greek Organization of Football Prognostics S.A. (called OPAP in Greece). The us government owns 34% regarding the firm, and OPAP holds a monopoly that is complete land-based casino gambling in the country. OPAP also offers a virtual monopoly on online gambling until 2020 under Greek law, which states that only OPAP can offer many 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. But, those licenses only allow them to supply ‘casino-type games of chance, the outcome of which are not provided by a random number generator as in poker tournaments.’ Many commentators have noticed that this is a strangely worded limitation, which makes it hard for operators to understand what if such a thing they can allow players to relax and play under a Greek license. Read More >

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