Upward course for gambling industry
The Greek gambling market in 2024, with the total turnover (TGR) recorded by the TGR recorded by the Greek Gambling Market recorded. betting companies To reach € 15.6 billion, up 8.5% compared to 2023.
According to data released Wednesday by the EEEP, providers’ revenue (GGG) amounted to € 2.88 billion, up 11%, while the state received € 1,026 billion from taxes and rights, up 16%.
Upward course for gambling industry
The gambling market continues to extend at a rapid pace. It is noteworthy that this industry has surpassed the country’s GDP five times in the previous year. The GGR rise by 11% and the even greater increase in state revenue by 16% reflect the dynamics of the industry.
Overall, the increase in tax revenue exceeded EUR 43 million, which is attributed to both higher profits and stricter taxation.
Great winner the online betting
As we read in Report of EEEP on the basic economic sizes of the market for 2024online betting companies dominated. Their GG was 23%, far exceeding the overall growth of the industry. Online providers occupied 37% of the market, with OPAP holding 54% and casinos only 9%.
It is important that online companies yielded 62% of taxes to the state, compared to 33% of OPAP and 5% of casinos. Of course, the rise of online providers is largely due to the facilitation of access, innovation and a wide range of betting choices.
