Illegal Gambling in Greece

in Business Risk

An investigation conducted by the Committee of Institutions and Transparency of the Greece Parliament found that the annual turnover in illegal gambling in the country is $7.7 Billion (€6 Billion). Out of that total, $1.29 Billion (€1 Billion) of betting is on the Internet.

Source:  Maria Arkouli, “Six Billion Annual Loss From Illegal Betting,” Greek, May 29, 2013.

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