Casino revenues are falling in Greece since 2008

The Hellenic Gaming Commission (HGC), the gambling regulator of Greece, reported a steady fall in gambling revenues in the country since 2008. In 2017, gamblers spent €1.58 billion, which is not even half of €3.18 billion, the amount gamblers splurged in 2008.

The HGC report reveals that the nine casinos in the country posted gross gaming revenues (GGR) of €253.5 million in 2017. This amount is lower than the GGR of 2015, which was €264.9.

The report also detailed which games were impacted the most by the segment’s crisis. American roulette saw the largest drop (71.42 per cent), while blackjack came in second (67.87 per cent). According to the HGC, the slot machines segment was the least harmed, as it posted the smallest decline between 2007 and 2017.

Source: focusgn.com