Friday Jan 30, 2015 Search
Weather | Athens
14o C
8o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Illegal gambling in Greece a 5-billion-euro industry, says transparency chief

More that 5 billion euros are played a year in illegal bets in Greece, the general secretary for transparency, Giorgos Sourlas, told newly appointed Public Order Minister Vassilis Kikilias during a meeting in Athens on Tuesday.

Sourlas called for a concerted crackdown on illegal gambling operations, which he estimates take in more than 5 billion euros a year, "harming the national economy and acting as a mechanism for laundering ill-gotten gains."

Sourlas told the minister that following consultations with the head of the Hellenic Gaming Commission (EEEP), Evgenios Giannakopoulos, measures are being introduced "which make us optimistic that an end will be put to organized crime rings operating without constraint."

In an interview with Kathimerini last month, Giannakopoulos said that the legal market has seen turnover drop from 8.7 billion euros in 2009 to 5.5 billion in 2013, posting a decline of about 35 percent. The same occurred in gross profits, which dropped from 2.5 billion euros in 2009 to 1.5 billion last year.

"In the illegal market, EEEP figures estimate there are between 60,000 and 100,000 illegal gaming machines at non-licensed gambling spots, and a conservative guess puts their turnover at between 4 and 5 billion euros. Their gross profits should come to 1.5 billion, not including online gambling, which had a turnover of about 1 billion euros," he admitted.

ekathimerini.com , Tuesday Jul 1, 2014 (15:18)  
Kotzias hails good compromise on Russia sanctions in Brussels
Karamanlis to meet Bakoyannis as New Democracy broods
Tsipras wont act unilaterally, EUs Schulz says
Row breaks out over plan to move Tripoli trash to Attica
Fitch warns of a downgrade for Greece
Fitch warned on Thursday that it will downgrade the Greek economy at its next scheduled review on May 15 if Athens and the eurozone do not reach an agreement soon or if a there is no program...
Govt, PCT ease Chinas worries
Sources from the local subsidiary of Chinese shipping giant Cosco Pacific have told Kathimerini that they are not worried about the operation of Piraeus Container Terminal (PCT). Nothing of...
Inside Business
BASKETBALL
Below-par Olympiakos succumbs to Efes
The winning streak of Olympiakos in the second group stage of the Euroleague ended on Thursday in Turkey, as Anadolu Efes outclassed the Reds in the second half to win 84-70. Olympiakos had ...
SOCCER
Xanthi upsets 10-man Panathinaikos in Cup
Xanthi dumped holder Panathinaikos out of the Greek Cup on Thursday, to leave Olympiakos as the big favorite for the tournament that will enter its quarterfinal phase with the draw on Friday...
Inside Sports
COMMENTARY
Strange haste
The members of the new government must have a lot of confidence in themselves. Several days before announcing his program, Prime Minister Alexis Tsipras and his cabinet have opened up a mult...
COMMENTARY
Kotzias, Dugin and the EU
It has always been Golden Dawns position that Greece should not be a part of EU and US sanctions against Russia. Our national interests and geopolitical facts dictate this stance. This wa...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Below-par Olympiakos succumbs to Efes
2. Xanthi upsets 10-man Panathinaikos in Cup
3. Fitch warns of a downgrade for Greece
4. Govt, PCT ease Chinas worries
5. Pension payment to be a little tight in March
6. State liquidity concerns set to grow by the month
more news
Today
This Week
1. Greece wants a debt break, but what about its poorer neighbors?
2. $11 billion wiped from Greek banks on nationalization threat
3. Greek banks rebound as gov't cites inexperience for remarks
4. Investors turn on Tsiprass campaign to end austerity in Greece
5. Varoufakis says Russia row not about sanctions, but proper consultation
6. Schulz warns Tsipras against straying from stance against Russia, ahead of Athens meeting
Today
This Week
1. Greek Elections 2015 | LIVE
2. SYRIZA heads for historic victory but without majority
3. Greek Elections 2015 | LIVE
4. Greek Elections 2015: The day after | LIVE
5. Poll shows SYRIZA leading ND by 4 pct
6. SYRIZA's win will test institutions
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.