Greek Gaming On The Rise

Fiscal 2014 breaks five year fast

Figures released for the 2014 fiscal year by the Hellenic Gaming Commission (HGC) show a 9 percent increase in wagers placed amounting to Euro 5.9 billion.
The rise in results break a five year drought affected by legal uncertainty, a tough economic environment and cash-strapped consumers.
Despite the positive upswing, results remain markedly down from the previous high of Euro 8.7 billion recorded in 2009.
Of the Euro 5.9 billion in total stakes, OPAP took Euro 3.8 billion while Hellenic Lotteries accounted for Euro 500 million of the total amount, effectively 72 percent of the market.
ODIE, the Greek horseracing association, garnered 1 percent of stakes wagered and casinos the remaining 27 percent.
Euro 525 million in taxes fattened Greece's State coffers.
In related news, the HGC published its eighth blacklist edition listing 461 operators deemed to be operating illegally in the market.
The updated version can be accessed at: https://www.gamingcommission.gov.gr/images/epopteia-kai-elegxos/blacklist/blacklist.pdf

Online Casino News Courtesy of Infopowa

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Casinomeister

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 astrophography.
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