Protect Gamblers or Protect State Revenues?
March 9th, 2010Author: Paul Greefin
Greece is still refusing to comply with the European Commission’s request to readjust policies and regulations and end the existing online gambling state monopoly. The Greek government explains it as a necessary measure to protect Greek citizens from addiction. In reality, it is all about the money. By blocking foreign online casinos and land betting companies, Greece keeps state control over the gambling money in the country.
It is obvious that the state monopoly is not less dangerous than the foreign gambling companies, but state monopoly works for the state budget only, while foreign online casinos site benefit the whole of the EU Economy.
Of course, there are some countries where the state monopoly can be justified, but how to define the country’s genuine interest?
