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Greek Draft Legislation Blocks Foreign Poker Sites

Draft Online Gaming Legislation Revealed in Greece

by Rebecca McAdam  |  Published: Sep 02, 2010  |  

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Greek FlagThe latest step in the Greek government’s attempts to regulate online gaming is, according to eGaming Review magazine, drafted legislation which will require Greek sports betting and online poker and casino providers to set up a server in their home country and open a Greece-based domain name.

Greek news website, Kathimerini, reported that €5.5 billion is spent annually on illegal gambling in Greece. This means the state is missing out on a valuable source of revenue.

The proposed legislation would disallow transactions to foreign-based gambling sites by financial institutions, and demand that Greek ISPs block access to these sites also.

The news of the pending legislation comes off the back of South African moves to ban online poker and Dutch moves to regulate it.

For more poker news from around the world please visit our Euro section.

 
 
Tags: Greece,   Draft Gambling Legislation,   Onling Gaming,   Government,   Kathimerini,   Financial Institutions,   ISPs,   Poker Sites
 
 
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