Gambling

The regulation of online betting along with the other measures promoted concerning the betting industry will create a new significant prospect for the economy, Minister of Finance Harris Georgiades has said, as the Cyprus National Betting Authority gears up...

The University Mental Health Research Institute of Greece studying addictive adolescent behaviors found that apart from smoking, drinking and narcotics, Greek teens also have a habit of excessive internet use, electronic games and gambling. The finding of the recent scientific...

Gambling addicts seeking help have increased 20-25 percent in the past five years, a fact that is attributed mostly to the economic crisis. The gambling market in Greece puts the country among the top ten in Europe and in a...

Greece's gambling industry thrives again after the non so prosperous years that followed 2009 and the beginning of Greek crisis. According to the Greek Gaming Industry Association (EEEP), the Greek state received around €525 million in taxes in 2014 from gambling...

Greek gaming company OPAP is moving forward with the plan to create a “Play” gaming hall network in order to host its new game machines, known as Video Lottery Terminals or VLTs. According to company officials more than 4,000...

After the financial crisis hit Greece, many people turned to gambling in an attempt to make “easy money.” Easy money through gambling is considered one of the greatest illusions, promoted by “merchants of hope” which can only lead to loss...

The classic notion that the average Greek likes to gamble in the hopes of winning easy money, has been ruined. As a result of the economic crisis, gambling turnover decreased by 37% over the last five years (2009-2013). According to...

According to an article at the Economist, the earnings of the global gambling industry have reached 440 billion dollars in 2013, as showed in a survey conducted by the British consulting firm H2 Gambling Capital. Australia has the biggest gambling...

With a crushing economic crisis affecting many Greeks, more of them are turning to gambling and games of chance, especially during the holiday season, in a desperate bid to get their hands on some big cash fast. That has led...