OPAP and Online Gambling

As it appears from the government’s written briefing to the European Commission, the Greek State will selectively open online gambling.

Specifically, OPAP will retain its sports betting monopoly until 2020 and only after October 13, 2020, will licenses be made available online for betting services. Until then, the Hellenic Republic will only issue licenses for casino games, such as online poker and slot machines. And as for casino games, not all will be “free” on the Internet. For example, online roulette will not be “free” because it is a directly competitive game with the 16,500 VLTs it will place with a monopoly license throughout the Agency.

online-gambling

In the short term, this development maximizes OPAP, which will be able to offer online sports betting and casino games simultaneously while discouraging other companies that would like to do the same. As a result, illegal betting will increase. In addition, in the long run, the chances of a monopoly collapse before 2020 will increase, as there is no country in the world to selectively open the Internet and a large number of online gambling groups are expected to follow suit.

And with this decision, Greece can be targeted of the Commission but on the other hand, as the activities of OPAP expand, so does the interest of individuals who are striving to secure their cooperation with this privileged Organization.