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Due to the lack of the relevant online gambling laws in Greece, we can consider the online gambling industry Greece to be unregulated.
All the gambling activities in the country are controlled and regulated by the OPAP organization until As the OPAP is often accused of monopoly by the EU Commission, its responsibilities may be distributed between several bodies after Besides the land-based gambling, the online gambling law in Greece also allows the lottery and the sports betting activities.
These kinds of gambling are also controlled by the OPAP and can sometimes be performed in the international best online gambling sites Greece too.
According to the local laws, people younger than 21 years old are not allowed to enter the land-based casinos in Greece. As for the online gambling, most of the legal online casinos outside Greece accept bets from those aged 18 and older.
History of Gambling in Greece. Obviously, the history of the Greek gambling market dates back to the ancient times. The first mentions of the gambling games in Greece appeared in the written documents as long ago as in the third century BC.
The first gambling activities in the country were dice games that came from Asia and the betting on cockfights. According to the Greek beliefs, even the ancient gods were playing dice.
During the last decades, the Greek internet casino laws have gone through many changes and it looks like this process is not going to stop. Online gambling was allowed or in other words unregulated until The Bill failed to last more than a year.
Those operators that had received the provisional licences were told to wrap up their services in the country in November There are still plenty of questions to be answered about how taxation and licensing will be handled to ensure fair competition.
If the laws are changed and taxation is based on a level playing field, it will mean that offshore firms can finally gain licences to operate legally in the Greek market and expand their customer base.
Millions of players have been playing at overseas Greek casino sites for years anyway, and with the country at the behest of the EU, a change could come sooner rather than later.
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