The Greek Gravy Train Signals Change

Greece has one of the highest per capita expenditures on betting in the world, in a market controlled by OPAP, one of the world’s most overarching betting monopolies, but OPAP’s licence to operate is soon to expire and speculation surrounds the next moves for one of Europe’s most powerful operators.

By any estimation the Greek fondness for betting is extraordinary. In 2004, the average per capita expenditure in Greece on legal betting was €532 compared to €391 in the USA and €243 in Italy.

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