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Home > News > 11 Jan 2007

Greece joins in the online casino bash

This passing year the Greek people spent 8.5 billion Euros on their only 9 operated online casino sites. Online gambling became quite a passion in Greece. The number of wagers has doubled itself and has been rated for 3000-5000 people everyday at each online casino! Greeks also visit a lot of online casino sites out side of their country. Some of the major online casinos in the UK and USA are being visited with hungry Greek wagers everyday.

Europe is now the number one place for the online casino industry since it presents no legal issues in that field. The US is having a hard time being limited by rules and warnings. Although this industry still holds some of it's success still with sites being visited by many European wagers. Europe in general, as opposed to the US, is more open to this industry with the Greeks allowing it to thrive.

Greece has not yet determined a position on whether to regulate the online casinoindustry or not, like Canada, US, China, UK, etc. This, though, will probably happen by next year – as the Greek online casino industry is developing very quickly and this topic is something all online casino enabled nation has to have a statement about. It seems very likely that Greece will in fact follow the European position of seeking to regulate this industry.


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