Growing gaming market a boon for state

Greeks gambled away more than 7.5 billion euros on games of chance from 2015 to 2018. This comes to just under 2 billion euros per year in gross gaming revenues (GGR) for suppliers after paying out winnings to the lucky punters.
The total of the bets placed is several times higher than the GGR, however, with estimates putting it at close to 20 billion euros in 2018 alone. Bets placed with gaming firm OPAP are estimated to have come to 8 billion euros last year, while another 7.1 billion euros was played on the legal internet market.
According to data compiled by Kathimerini, the legal gaming market last year experienced considerable growth, exceeding the 2-billion-euro revenue level in one year for the first time. This improvement is attributed to the expansion of online games of chance (up 39 percent compared to 2017) and the advance of OPAP (up 11 percent year-on-year)....