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Greece show a 9 percent increase in wagers

Wednesday May 6,2015 : 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:

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Gambling News :

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

NYX Gaming Group Expanding in Italy - NYX Gaming Group says its continues to bridge the gap between online and land-based operators as it announced a new licensing deal in the Italian market.

Interwetten Q3 2016 Report - In a brief third quarter 2016 report, Malta-headquartered online gaming company Interwetten reported strong growth across all verticals, with an emphasis on online casino revenues.

Evolution Gaming Q3 2016 Report - Evolution Gaming Group AB delivered in its third quarter 2016 results reporting strong growth in revenue and a significant increase in mobile penetration. The company attributes is success to strong general growth and continued high demand for dedicated environments.

Ladbrokes Donates to Gamcare’s new Youth Program - UK gaming firm Ladbrokes has pledged GBP 180,000 to Gamcare’s new Youth Program over 2016 and 2017, following a visit by chief executive officer, Jim Mullen.

Dragonz Slot Launches - #Dragonz The creatures in this 243 ways to win game engage with play during the free spins round, triggered by three or more scatters on the reels, and each character leads four different free spins rounds.

Mecca Launch Instant Win Games - IWG has provided instant win content to lotteries for the past 15 years, amassing a portfolio of over 250 games. Its deal with Mecca signifies a move into the wider online gaming industry, servicing commercial brands and platforms.

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