| Home > News > 28 Dec 2006 Online Casino Gaming Popular in Greece28 Dec 2006 Although online casino gaming is illegal in Greece, gambling fans in this Mediterranean country spend over Euro 8.5 billion a year on their love of this popular pastime. Growing amounts, according to reports, are being spent on online casinos, lotteries, and other forms of illegal online casino gaming.
‘The number of those who play illegal games is fewer than those who play the legal games, but the amounts that are bet are much larger. One in 10 betting agency owners does this,’ said a senior police source regarding online casino gaming in Greece. A large number of betting agency owners are supposedly helping support the increase in illegal online casino gambling by accepting debts from their loyal customers and then processing the bet themselves for a commission of up to 4 percent.
About Euro 3 billion will be spent in all of the country’s nine brick and mortar casinos in 2007. Online casino industry experts have stated that a combination of witty marketing campaigns and a shift in community values has spread the demand for online casino gaming. The number of visitors heading to casinos was expected to nearly double during the festive season. Meanwhile, punters turning to illegal Internet gambling are spending almost Euro1.5 billion per year on their pastime. More and more gambling fans are being won over by online gambling due to its better returns as well as the opportunities it provides to bet on more than one sport, increasing these fans’ chances of winning.
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