Gambling: Altimetic increase in depth of 10 years – “Sitting” for terrestrial casinos

A 55% increase in the gambling market in the period 2013-2024, peaked on the internet and only “distortion” the terrestrial casinos, who saw their market share shrink dramatically. In particular, according to data published by the Commission for Game Supervision and Control (GGR), the pre-contribution revenue (GGR) over the last decade from EUR 1.6 billion in 2014 reached EUR 2.59 billion at the end of 2023. In sum, the domestic gambling market recorded revenues before contributions of 13.1 billion euros. The public revenues from the 524,11m euros in 2014 amounted to 900m euros in 2023, while cumulatively entered the state funds of EUR 3,725 billion. Greater winners in this time, they proved to be OPAPs and online companies, occupying the lion’s portion. On the contrary, terrestrial casinos have been subjected to “settling”, with their market share retreating from 27% on turnover and 16% on gross revenue in 2014, to just 5.4% and 8.8% in 2023 respectively, which makes analysts view as rather exaggerated some reactions, lately, in the North and South Suburbs of Attica.