Illegal Gambling In Greece Is Worth Billions
Giorgos Sourlas , who is the General Secretary of Transparency and Human Rights, recently revealed to Vassilis Kikilias, the newly appointed Public Order Minister, that illegal gambling in Greece is valued at over 5 billion euros each year.
According to Sourlas, this is causing harm to the national economy and is also creating an increase in money-laundering.
After recent meetings between Sourlas and Evgenios Giannakopoulos, the head of the Hellenic Gaming Commission (EEEP), Sourlas stated that necessary steps are being put into place in order to put a stop to organized crime rings.
The Greek Economic Police have also worked aggressively to put an end to networks of illegal gambling and hundreds have already been brought to justice over the last few months. Last month, in an interview with Kathimerini, Giannakopoulos stated that legal gambling in Greece had experienced a decline in turnover of 35%, from 8.7 billion euros in 2009 to 5.5 billion in 2013.
Gross profits have also been impacted dropping from 2.5 billion euros in 2009 to 1.5 billion last year.