Economy & Gambling - Closely Related Spheres In Greece
Curious and bitter fact for gamblers, that online gambling in Greece looks like roller-coaster, those famous Russian mountains, with its ups and downs – constant banning and legalizing.
However, there are one company, which owns monopoly for national lottery together with sports wagers – OPAP.
As about foreign operators, some of them still provide their services for Greece, even have interface translated into Greek language, which is very user-friendly point. But from the legal point of view, right now the leading party Syriza has started the process of liberalization in this sphere, because it is potential source of money for budget, which now has reached the point of decay. This party indents to change the terms for foreign operators legislation, as well as taxation and other market specific points.
Actually, at the 2011 year it was permitted for 24 non-Greek operators to get temporary licenses for operating legally at the Greece market and they got it at the 2012 year. However, the terms were dramatic – 30% tax for revenue together with 10% tax for players’ winnings. But at the same time OPAP has more loyal attitude to it. This fact became the precedent for arguing with EU about Greece monopoly for gambling in their country. Thus, the same year, all licenses were taken away and operators stopped their activity at that market.
Right now the legalization is in process, because Syriza party estimates gambling as good resource for income and awaits to get nearly 500m euros from taxation, which will help Greece to deal with its fading economy, as well as (maybe!) get another bailout from EU.
Greece Gambling Market Now: Wind Of Changes & Reality
Even though, there are certain difficulties with the economy, the Greeks still continue spending their incomes on gambling with foreign operators and national one - OPAP.
Selecting the best place for online wagers, it’s reckless not to pay attention on certain points like license and security, which are of great majority. After it comes games assemblage, promotions and other things attracting players.
Here are the list of online casinos for money, which welcome players from Greece and don’t have restrictions for them. Here skilled players and freshers are welcome:
- Bitstarz Casino – it’s opened for gambling from Greece, but it’s not possible to pick up any promotion. However it works with bitcoins, which makes this casino the most comfortable ones. Has Mobile casino.
- Bet365 – works with Playtech software together with Microgaming, offer live games and Mobile casino
- Everest Casino – climb the highest point of impeccable services with this online casino: games assemblage from slots up to Poker, checked by TST, support available at any moment, rapid banking ways and many other only pleasant surprises.
- Tiger Gaming Casino works on Rival software and is real Haven for Poker players! Just download its softs and start gambling!
- Buzzluck Casino – new casino working on RTG and NuWorks soft offering wide range of games for its clients together with rapid pay-in and payout and nice bonuses
- All Star Slots Casino – RTG software providing numerous slots, user-friendly site design together with convenience of banking section and games reliability (audit each month) create wonderful cocktail when you are gambling here.
Try our partners online casinos and be sure that Luck will be always with you!