.svg)
The Hellenic Gaming Commission (EEEP) of Greece has published data on illegal gaming during the 2023 calendar year, calling for cohesive government action against the black market.
The data was used by the regulator鈥檚 chairman, Dimitris Dzanatos, to highlight his concern for lost revenue to the black market and growing youth involvement in gambling.聽
The data came from a survey of 5,800 people conducted by KAPA Research. According to the press release from EEEP, it found that 10.4 percent of Greeks participated in illegal games of chance in the observed 12-month period.
The regulator extrapolated the data from the sample to calculate that 鈧1.7bn had been spent on illegal bets, 鈧1bn online and 鈧700m on land.聽
The results were first released in Athens at the anti-illegal betting conference, in a presentation given by the head of the general directorate of supervision and operational operations at the EEEP, Dimitrios Papadopoulos.
Dzanatos gave a follow-up presentation that was published alongside the press release where he took the opportunity to invoke another Greek, Euclid, when he called for finding a 鈥済olden ratio鈥 between tough regulations and channellising players away from the black market.聽
鈥淓xcessive prohibitions inflate illegal activity. Excessive 鈥榬elaxation鈥 intensifies the negative social effects. A 鈥榞olden ratio鈥 is required which is never something easy. The Greek state and the EEEP are trying to identify and achieve this balance point.鈥
Dzanatos went on to point out that the EEEP believes that 鈥渢he phenomenon will grow exponentially鈥 as internet and technology use naturally progresses.
鈥淒istracting actions are aspirin and do not cure the problem,鈥 he said.
He asked for stable partnerships from聽 prosecuting authorities, supervisors of the credit system, agencies and legitimate providers.
He went on to call for the support of the Ministry of National Affairs of Economy and Finance 鈥渇or legislative and regulatory arrangements鈥, as well as the Ministries of Citizen Protection and Justice. The Bank of Greece and anti-money laundering authorities were also named.
Dzanatos made similar comments at a roundtable in Athens back in October. At the time, he asked Greek authorities to help stop revenue loss to illegal gambling, saying it cost both society and the economy.
