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7 Feb

The Court Finds Greek OPAP’s Monopoly Legal Greek legislation are undergoing

The Court Finds Greek OPAP's Monopoly Legal Greek legislation are undergoing major reforms, concerning the online gambling tasks. A couple of days ago the Greek court has announced that the gaming that is online, supplied by OPAP, aren't in breach with all the Greek's regulations. OPAP could be the company that is recognized as to enjoy a monopoly regarding the Greek market nonetheless it had been accused by major international gaming providers that the solutions are incompatible utilizing the regulations, founded by the European Union.

Two days ago their state Council announced that the us Government is going to take urgent measures in order to really make the OPAP's gambling products, adaptable towards the European Union needs. More than an year ago, the Greek government sold the shares it had in OPAP for the sum of €652 million and the ongoing reforms should be regarded as a sure sign indicating the desire of the authorities to make the Greek laws suitable to the European requirements.

The federal Government has been experiencing accusations for a long time due to the undeniable fact that the authorities were said to deliberately supplying OPAP with useful deals with the goal of increasing the value associated with stack they owned before selling it.

2 yrs ago the Greek experts declined giving licenses to many trustworthy and worldwide popular gaming operators and prolonged the OPAP's monopoly with eight more years rather.

All the rejected operators were bitterly disappointed aided by the refusal making a official complaint to the eu Court of Justice, which correspondingly confirmed that the OPAP's monopoly is illegal.