Greek VLT rollout hits another snag as illegal gambling spikes

Greek authorities had their hands full policing unauthorized gambling operations in 2016, particularly those involving video lottery terminals (VLT).

According to figures released by the Hellenic Gaming Commission (EEEP), local police raided 480 establishments suspected of running unauthorized gambling products last year, resulting in 1,513 arrests and the seizure of €160k in cash, as well as hundreds of computers set up to offer VLT-style games.

There appears to have been some late effort to ensure government beancounters didn’t find Greek cops to be slacking off, as 51 of these raids occurred in the final two weeks of 2016. Some illegal operators did their best to help out by reopening their businesses in the same locations, leading to one establishment being raided eight times in less than three months. (Helpful hint: stop offering VLTs at your fake donut shop.)

Like their Italian counterparts, Greek gamblers are particularly drawn to VLTs. But long-delayed plans to add an additional 35k VLTs to the Greek market have hit yet another snag after local casino operators filed more legal challenges based on a perceived threat to their own operations.