Greek Gambling Companies Experience Another Bad Year
By Casinomeister, Last updated Jan 30, 2015
10 percent year-on-year decline in revenues reported
The mainly terrestrial companies in Greek's gambling industry have experienced another year of decline, reports the Greek newspaper Ekathimerini.
The nine land casino groups posted total revenues of Euro 270 million on stakes of Euro 1.4 billion for 2014, a 10 percent year-on-year continuing decline made more dramatic by reference to the heydays of 2007, when a booming industry delivered revenues of Euro 776.7 million.
The mandatory entry fees of Euro 12 every time a punter enters a casino produced Euro 100,000 less than the previous year at Euro 27.6 million, and operators are seeking the abolition of this fee in the hope that more punters will come through the doors this year.
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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophotography.
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