Greek State Lottery

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...

TAIPED, the Greek agency helping oversee privatization of state assets, has rejected a bid for the country's lottery, one of the first expected to bring in sizeable revenues to help reduce the country's staggering debt. Greece did not accept the...