Greece-approved online betting turnover tops €5.3b in 2017

Greece is a nature of stone-cold degenerate gamblers, according to the government’s latest statistics.

Figures released Thursday by the Gaming Supervision and Control Commission (EEEP) showed Greek citizens spent €6.01b on all forms of land-based gambling in 2017, an 8.7% rise on 2016’s total. Last year’s land-based gross gambling revenue was up 2.3% to €1.63b.

Greek lottery and betting monopoly OPAP claimed nearly €4b of this turnover, while other lotteries contributed €458m and the Athens racetrack handled a mere €41m.

The nation’s nine casinos generated spending of €1.582b, essentially flat from 2016’s €1.577b while revenue came in at €253.3m. But the casinos managed to hold fast despite casino visitation falling 4.4% year-on-year to 2.45m and the total number of gaming options (slots, tables, terminals, etc.) falling 3.46%.