Greece
Greece
Greece's Highest Court Bans Smoking in Casinos, Entertainment Venues
The Council of State, Greece's highest court, ruled that smoking be prohibited in casinos and entertainment venues exceeding 300 square meters, annulling a previous law, in a decision made known on Wednesday.
The previous law, following a 2011 ministerial decision,...
Economy
Greek Casinos Could Start Giving Loans
A new bill tabled in the Greek parliament on Monday could allow casinos to lend money to reliable customers to gamble.
In an omnibus bill being voted on today amid strikes and protests, there is a provision which will enable...
Greece
Santorini, Crete Join Mykonos to Fight Casinos
Local authorities in the Greek islands of Santorini and Crete have hit out at government plans to allow the casinos to open on the popular tourist destinations.
Last week, the mayor of cosmopolitan Mykonos sent a letter to Prime Minister Alexis...
Business
Parliament to Vote on Bill Allowing Casinos in Tourist Destinations
Greek lawmakers are preparing to vote on a bill that would legalize three casinos in the popular tourism destinations of Crete, Santorini, and Mykonos, and also allow the country’s current gambling establishments to relocate.
The latter is perhaps the more...
Greece
Greece Allows Smoking Areas in Bars, Clubs, Casinos, Lotto
A provision in the wide-ranging bill tabled by the Greek Ministry for Development will legalize smoking areas in casinos, night clubs and live music venues larger than 300m², as well as betting shops, including lottery outlets.
The only restrictions imposed are that these smoking areas...
Economy
Casinos' Turnover Down by 60% in Five Years
Total turnover in Greece's casinos has shrunk by about 60% in the last five years, inflicting a blow on state revenues.
In 2013 casinos had a turnover of some 300 million euros, posting a decline for the fifth year in...
Economy
Five Casinos are Threatened With Closure
Gambling Regulatory Authority, responsible for controling the Casinos' function, warned five Greek casinos to regulate their expired debts to the Greek state until next Monday or else their operating licenses will be suspended. The casinos of Loutraki, Rio, Corfu,...
Greece
Greece Cracks Down on Illegal Casinos
The Greek police launched a campaign at the start of the year aimed at shutting down establishments operating as illegal casinos in Athens and around the capital, with seizures of video lottery terminals (VLTs) and computers running electronic betting...
Cyprus
Cyprus Gambling On Casinos For Rebound
Being saved from an economic and bank collapse by a pending 10 billion euros ($13 billion) bailout from international lenders - but at the price of confiscating bank accounts and imposing harsh austerity measures - Cyprus is going to...
Business
Cyprus Says Casinos Could Ring Up $64M
Beginning what could be a long recession and economic crisis, and under austerity measures, Cyprus is planning to lift its ban on casinos in a frantic bid to find cash wherever it can, including gambling, Online Poker reported. The...
Economy
OPAP Planning to Create 819 Mini-Casinos
Greek state gaming company OPAP is planning to create 819 mini-casinos by subsidizing the hosting of 16,500 video lottery terminals, or slot machines. The mini-casinos, as daily Kathimerini reports, will be called "Gaming Halls" and OPAP expects them to...
Greece
Greece's Nine Casinos See 18.4% Decline
Turnover at the Greece's nine casinos has been hit as a result of the economic crisis, daily Kathimerini reports today.
Total turnover at the casinos of Loutraki, Parnitha, Thessaloniki, Rio, Rhodes, Xanthi, Halkidiki, Syros and Corfu posted an 18.4% decline...
Greece
The Gambling Legend That Was Nick the Greek
"Nick the Greek" will forever be remembered as one of the most famous legends of gambling in the United States.
Greece
Greeks Spent Billions Gambling in Last Eight Months
The Greek gaming industry saw a turnover surge of 28% between January and August, which puts the country on track for a new record by the end of the year.
Greeks have parted with a total of 22.7 billion euros...
Business
Hellinikon Casino to Be Completed in 36 Months Says Mohegan
Construction of the casino at Hellinikon will be completed in 36 months, said CEO of Mohegan Gaming and Entertainment (MGE) Ray Pineault