An Overview of Internet Gambling in Greece
The gambling operation in Greece is a monopoly of OPAP, a Greek gaming company. And because of this, member nations of the European Union have released an opinion requesting that Greece should loosen up its limitations on foreign online gambling operators wanting to provide services to Greeks. It is rampant in most European nations to monopolize sports betting, lottery, online casinos, and other forms of gambling by state-owned gaming companies because it has been producing a huge amount of income for the government. And for the need to secure that income, the government has put boundaries to private gaming companies to have a slice of cake in the gambling industry. According to playsportal.net, there are ongoing meetings to discuss the possibility of having their ban on foreign gambling operators be lifted. Open discussions are being held since the government of Greece does not want any charges from the European Court of Justice regarding monopoly issues. Besides, the ECJ is hitting every member nation who sets strict regulations on gambling that are opposed to the union’s policy of free trade of goods and services from the sate borders of European Union. To date, many member countries are already thinking about the considerations of this matter since the union will push into applying free trade among members. And because of this, many online gambling operators and even players continuously have been wondering and hoping that doors to a more flexible gaming industry will be opened very soon. There may be changes alright, but the possibility of unregulated gambling is still impossible.
