Akos May 26, 2016 10:16:50
The fixed 35% Greek gambling tax rate is supposed to raise approximately EUR 54 million from online gambling. The current, scalable 30-35% Greek gambling tax rate will be replaced with a fixed 35% tax rate from 2017. According to US gambling news, lawmakers are hoping to raise EUR 54 million just from the online gambling […]
Phyllis F. May 6, 2015 11:04:51
Last year, the average gambler spent 7.5% more than they did for the past years which is equivalent to about €187. 2015 comes with good news for the Greek gambling industry, according to the Greek’s Gaming Oversight and Control Commission (EEEP). With the gambling turnover on the rise since its slump which started in 2009, […]
Alex Nevsky November 16, 2014 11:54:51
Greek land-based and online gambling giant, boasts huge hike in revenues worldwide. The latest Greek gambling news focused on Intralot’s remarkable financial turnover at the end of third quarter of 2014. The company which specializes mostly in online lottery increased their earnings by almost one third of what it was last year at the same […]
Monica E. October 3, 2014 17:25:48
The sale of the Greek horserace betting license could be blocked by the state administrative court after complaints from lottery provider Intralot. Last week, the Hellenic Republic Asset Development Fund (HRADF) received two bids for the domestic horserace betting license, and the national privatization company decided to award it to OPAP. The local gaming operator […]
Monica E. July 29, 2014 14:19:16
Authorities have every reason to be concerned about the turn things have taken on the Greek gambling market. While regulated casino revenue is dropping in Greece, illegal gambling is on the rise and making billions. Recent Greek gambling news reports the country’s illegal gambling market has generated EUR 5.5 to 6 billion over the past […]
Monica E. July 28, 2014 23:38:47
Did you know that the chances of losing your money at a casino are also influenced by the country you’re in? If you’re one of those superstitious gamblers who thinks his luck depends on what day of the week it is, which tie or watch you’re wearing, which slot machines you play or where you […]
Nich Moore July 4, 2014 17:32:05
Crack Down On Illegal Gambling To Halt Greek Tragedy Greek gambling laws are regulated by the Hellenic Gaming Commission which this week has been thrown into high gear after the General Secretary for Transparency, Giorgos Sourlas, announces a crack down on illegal gambling across the country. Greece is still in the midst of a financial […]
Monica E. June 28, 2014 12:44:47
An illegal gambling operation from Greece managed to con German players out of more than EUR 36.5 million. Two men were recently caught by police officers, under suspicions of running an illegal online gambling site in Greece. The internet lottery service was aimed at German players, who ended up being conned out of about EUR […]
Nich Moore June 26, 2014 16:29:09
From talking with the deities to one of the most popular entertainments on the planet gambling has come a long way. Gambling has been around for as long as we have. The experts tell us this probably stemmed out of the religious habit of letting chance demonstrate the will of the gods. Apparently if you’re […]
Jennifer W. May 15, 2014 12:51:44
With a number of internet betting sites pointing the finger at the OPAP gaming company being a teacher’s pet for the Greek State, Mont Parnes Casino near Athens has filed a complaint with the European Commission. The wave of accusations not only show an unfair bias from the Greek state towards the land-based and online […]
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