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2.3 Billion Dollars in Losses for Greek Gamblers in 2013

According to an article at the Economist, the earnings of the global gambling industry have reached 440 billion dollars in 2013, as showed in...

OPAP Deal Finally Concluded

After much wrangling and doubt whether the deal would go through, Greece has signed a 652-million euro ($867.95 million) agreement to sell off 33...

OPAP Privatization Faces Court Challenge

With its sale of a stake in the state gambling monopoly OPAP to a Greek-Czech consortium unraveling over bickering over some of the details,...

Woman Jailed In $8m Theft From Greek Company

A 50-year-old mother of two sons from Melbourne, with different personalities, lost more than $7.8 million of her employer’s money to gamble online and...

Cyprus Says Casinos Could Ring Up $64M

Beginning what could be a long recession and economic crisis, and under austerity measures, Cyprus is planning to lift its ban on casinos in...

EU Court Says OPAP Unfair Monopoly

Just as Greece is peddling much of its share to potential investors in the national gambling agency OPAP to try to raise critical revenues,...

Eight Investors Betting on OPAP

Eight potential investors, including a Chinese conglomerate and private equity funds, have expressed interest in buying a major stake in Greek gambling monopoly OPAP,...