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 […]
Monica E. January 6, 2014 19:05:58
Painful financial report shows Greece needs some fresh changes on the gambling market. Greek poker rooms and casinos have hit a rough patch. The latest financial reports show another decline in revenues, with 2013 being the fifth consecutive year when profits drop. Since 2008, when turnover reached a record amount of EUR 744.5 million, casinos […]
Monica E. January 3, 2014 10:09:36
Las Vegas Sands is hoping to get their hands on the much-coveted, untapped territory of Athens. After cancelling plans for the EUR 30 billion Eurovegas casino resort near Madrid, Las Vegas Sands is considering entering the Greek gambling market. The world’s largest casino operator is examining the possibility of opening a gambling venue in Greek […]
Alex Nevsky December 5, 2013 15:20:54
Remote Gambling Association Takes Action Against Greek Government and Regulator Over Lack of Gambling Licenses
Alex Nevsky November 27, 2013 14:28:36
PokerStars Owner The Rational Group Launches a New Greek Domain to Satisfy Regulators as Greek Laws Change Again
Tom S. November 25, 2013 10:00:40
OPAP Takes Another Hit as Profit Drops by 61% Despite Revenue Showing a Slight Sign of Recovery with 0.7% Growth
Alex Nevsky November 5, 2013 11:24:56
Cocaine Traffickers Bought Winning Betting Slips to Launder Money at OPAP Outlets in Yet Another Piece of Bad News for the Greek Monopoly Holder
Tom S. October 16, 2013 12:06:04
New Czech Owners Reaglign the Board at Greek Gambling Operator OPAP After Takeover and Massive Losses
Alex Nevsky August 28, 2013 13:16:04
Ongoing Legal Concerns Force Another Casino Out of Greece as Unibet Exits the Market
George M. August 22, 2013 05:32:14
A Russian private equity firm buys a major stake in Greek gambling monopoly group OPAP.
Alex Nevsky August 8, 2013 05:12:16
401 online gambling sites have been banned from operating in Greece in an effort to help the OPAP monopoly.
Alex Nevsky July 23, 2013 17:56:40
Commission loses patience with Greek delay in fulfilling obligations.
Alex Nevsky June 29, 2013 06:23:06
Greek government, investors working hard to prevent collapse.
George M. May 6, 2013 14:43:46
Purchase of OPAP is somewhat of a gamble.
Alex Nevsky April 26, 2013 15:36:07
Last bidder standing is asked by Greece to put up more money.
Alex Nevsky April 18, 2013 17:38:29
Potential buyers eye OPAP but few make an offer
George M. March 11, 2013 14:01:14
RGA vs OPAP – the saga continues.
George M. February 6, 2013 17:10:56
Win small and pay no tax in Greece.
Alex Nevsky January 26, 2013 06:28:29
EU ruling favorable to gaming in Greece but no changes are imminent
AI S. December 24, 2012 05:45:39
A Greek social casino games developer enjoys huge success with over 1 million app downloads and installations.
AI S. November 26, 2012 12:37:10
Betfair ceases Greek online gambling operations after taxes and regulations change.
Alex Nevsky November 21, 2012 13:50:28
Greek sports betting and online casino state monopoly OPAP reported decrease in both revenue and profit for Q3 2012.
AI S. November 9, 2012 10:32:58
Greek Hairdresser wins EUR 826,000 bwin jackpot on Dragon's Hoard.
Alex Nevsky October 4, 2012 11:38:39
OPAP gains Greek internet betting monopoly until 2030 with extra levies to be paid.
AI S. October 2, 2012 13:25:20
The RGA filed three official outstanding complaints to the European Commission.
AI S. September 28, 2012 10:29:29
Greek government opened up an international tender for the sale of its stake in the gaming monopoly OPAP.
AI S. September 21, 2012 11:35:42
According to the adviser, the Greek state-run betting agency’s monopoly on gambling hurts EU rules of free movement of services.
AI S. September 20, 2012 11:35:47
The Greek state-run betting agency’s shares fell after the announcement of the 10 percent flat gaming tax.
Staff September 17, 2012 16:24:20
Greece's national privatization agency sells the country’s shares in the OPAP, the company with exclusivity on Greek sporting bets and lotteries.
AI S. September 17, 2012 16:24:20
Greece's national privatization agency sells the country’s shares in the OPAP, the company with exclusivity on Greek sporting bets and lotteries.
AI S. September 10, 2012 15:16:38
Greece's online gambling operator Intralot buys Russia's Kelicom. The Greek company now a decisive player in the Russian sports betting.
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