Gambling
Culture
Gambling on New Year’s Eve is a Greek Tradition
Gambling on New Year’s Eve is a Greek tradition as most play cards. According to folklore beliefs dating back to ancient times, the new year will not go well if one doesn't play cards on New Year’s Eve.
If one...
Greece
The Gambling Legend That Was Nick the Greek
"Nick the Greek" will forever be remembered as one of the most famous legends of gambling in the United States.
Diaspora
Archie Karas: The Greek Gambler Who Won $40M and Lost it All
One day Archie Karas went to Las Vegas with 50 dollars in his pocket and built a spectacular career in gambling, winning and losing millions
Ancient Greece
Gambling in Ancient Greece
Gambling, one of the most common vices in the world, has a long history that dates all the way back to ancient Greece.
Records of ancient Greeks playing dice and other luck-based games are found throughout ancient literature, and are...
Economy
Greek Casinos Could Start Giving Loans
A new bill tabled in the Greek parliament on Monday could allow casinos to lend money to reliable customers to gamble.
In an omnibus bill being voted on today amid strikes and protests, there is a provision which will enable...
Greece
Greeks Gamble on New Year's Eve for Good Luck
For many Greeks, the new year will not go well if they don't play cards on New Year's Eve. And if they do play cards and lose, then the new year will be full of bad luck. But if...
Business
Government to Slash OPAP's Video Lottery Terminals
Greek authorities are looking for a way to cut the number of video lottery terminals (VLTs) that gaming privatised monopoly OPAP operates in the country.
The Finance Ministry has tabled a bill seeking to slash the number of VLTs to...
Australia
Nick ‘The Greek’ Georgoulas Defeats 6 Hall of Fame Players to Win Australian Poker Hall of Fame Classic
Nick "The Greek" Georgoulas walked away from the The Australian Poker Hall of Fame (HOF) Classic a winner this year, adding to his personal earnings of almost $285,000 in live tournament winnings, according to Casino News Daily.
There were 125...
Greece
Study: Greek Teens Gamble and Drink More Than European Peers
A European-wide survey conducted on a four-yearly basis among school students aged 15-16 was released on Tuesday with alarming results for the 35 countries that took part. The survey by ESPAD interviewed 96,000 school students and revealed that while...
Cyprus
Cyprus FinMin Says Online Betting Will Create New Prospects for the Economy
The regulation of online betting along with the other measures promoted concerning the betting industry will create a new significant prospect for the economy, Minister of Finance Harris Georgiades has said, as the Cyprus National Betting Authority gears up...