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Opap Wants greek gambling monopoly
Thursday March 21,2013 : OPAP'S LATEST MONOPOLISTIC MOVE WILL NOT BE POPULAR WITH THE ONLINE GAMBLING INDUSTRY
Greek betting monopoly wants to keep the domestic market entirely to itself until 2020
The Greek gambling monopoly OPAP, in which the cash-strapped government has a significant interest and intends to privatise, was the subject of a new proposal for the European Commission's consideration by government's Gaming Monitoring Committee on Wednesday, according to a report in the online newspaper ekathimerini.com.
The reaction of the Commission, as well as that of the European online gambling industry, should be interesting because the proposal provides for a near-absolute monopoly in the industry for OPAP until 2020, and provides for the abolition of games of chance on the Internet in their current form and for the concession of the monopoly on sports betting to OPAP.
Internet gaming will only be allowed in Greece in the form of online casinos and only as live games, such as poker, without the generation of random numbers, as in lotteries.
Sports betting (with the exception of horse racing) and a series of games based on random numbers will be exclusively overseen by OPAP for the next seven years if the measure is approved.
The trade body Remote Gaming Association, which represents most of the top European online gambling operators, has repeatedly complained to the European Commission regarding the monopolistic nature of OPAP
The Gaming Monitoring Committee plan will remain up for public consultation for four months and then be passed into law.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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