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Greece Loses Billions To Illegal Gambling Operators
Wednesday July 2,2014 : GREECE LOSING BILLIONS TO ILLEGAL OPERATORS
General secretary for transparency, Giorgos Sourlas, briefs new Public Order Minister Vassilis Kikilias.
Illegal betting operators are hoovering up Euro 5 billion a year in the Greek market, the newly appointed Greek Public Order Minister, Vassilis Kikilias, was told in a briefing in Athens Tuesday by the general secretary for transparency, Giorgos Sourlas.
Appealing for a major crackdown on unlicensed and illegal operators, Sourlas said their depredations were harming the national economy and acting as a mechanism for laundering ill-gotten gains.
The minister was told that the head of the Hellenic Gaming Commission, Evgenios Giannakopoulos, was introducing measures which should ensure that illegal operators were constrained or eliminated from the national market.
Giannakopoulos said recently that the legal market has seen turnover drop from Euros 8.7 billion in 2009 to 5.5 billion in 2013, posting a decline of about 35 percent. The same occurred in gross profits, which dropped from Euros 2.5 billion in 2009 to 1.5 billion last year
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Asia Gaming To Showcase Live Dealer Action -
Asia Gaming will be practically demonstrating its live dealer baccarat at the ICE show next month. The Asia-facing online gambling provider is on the expansion trail and intends to make a big impact at the expo and conference in London.
2017 Aussie Millions Event 6 -
Heads up, Boivin faced local pro Joel Feldman, but the Aussie proved to be no match for an on-fire Boivin who dispatched him with the runner up prize of A$78,440.
2017 Ice Totally Gaming -
Next month's ICE Totally Gaming conference and expo will again be a truly international affair, following confirmation by organizers Clarion Gaming that a total of 67 jurisdictions and sovereign states will be represented on the show floor at ExCeL Centre, London.
IGT in 7 Year Deal With Svenska Spel -
#IGT , as legacy #GTECH , has been providing video lottery products and support services to the state-owned monopoly Svenska Spel since 1996, the statement reminds readers.
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