Some Online Gambling Firms Leaving Greece
Country Released Long Blacklist Last Month
The online gambling situation in Greece is becoming increasingly interesting.
Late last month, Greece released a list of 401 blacklisted online gaming sites. The names on the list included PartyPoker.com and 888Poker.com. The country is not trying to ban the activity, but instead trying to control where its citizens place their wagers.
The situation stems from the state wanting to make sure the Greek Organisation of Football Prognostics S.A (referred to as OPAP), of which it owns about a third of, has exclusive rights to offer web betting within its borders, instead of letting foreign firms on the black list participate as well.
The OPAP already has a monopoly on brick-and-mortar betting in the country.
Some feel that Greece’s approach is very problematic and ineffective.
According to reporting from ekathimerini.com, “Law 4002/2011 makes licensing for online gambling harder and foresees hefty penalties for infringements, yet without the cooperation of telecom providers, banks, police and judicial authorities, it seems unlikely that the phenomenon will be curbed.” In other words, illicit betting will still occur.
The online gambling move has prompted a very complex legal battle, but that hasn’t stopped some companies — such as powerhouses William Hill and Betfair — from abandoning ship in the country’s cyberspace. Others, though, are deciding to continue operating as the legality of the Greece regulatory system is ascertained and challenged.
|1||A Poker Life: Mike Shariati|
|2||Bicknell Wins 2016 WSOP $1,500 NLH Bounty Event|
|3||EPT Champ Chorny Files Suit Over Failed Business|
|4||Martin Kozlov Wins WSOP $10K Six-Max NLH Event|
|5||Crazy Gambling Stories From June|
|6||George Danzer Wins WSOP $10K Stud 8/ob Event|
|7||Towner Wins 2016 WSOP $1,500 Monster Stack|
|8||Final Table Set At CPPT bestbet Jacksonville Main Event|
|9||John Hennigan Wins WSOP $10K Triple Draw Event|
|10||Shaun Deeb Wins 2016 WSOP $1,500 Stud Event|
|1||Selbst Could Owe Mercier $1.8M In Controversial Bet|
|2||Disgraced Poker Player Returns To The WSOP|
|3||Jason Mercier Close To Bracelet No. 3|
|4||Lederer Follows Ferguson, Makes Return To WSOP|
|5||Rainer Kempe Wins 2016 Super High Roller Bowl|
|6||Dan Bilzerian: Kevin Hart Is Terrible At Poker|
|7||Jason Mercier Wins His Second Bracelet Of 2016 WSOP|
|8||2016 WSOP Colossus II Draws 21,613 Entries|
|9||NFL Player Busts WSOP Main Event Champion|
|10||A Poker Life: Cate Hall|