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Casino monopoly economics

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The legalization of online gambling in the country took place only in 2011, and now this market segment is completely dominated by the OPAP SA. The company operates 35 thousand licensed gaming machines for offline entertainment, and the license only expires in 2030. The largest operator of lottery betting and sweepstakes in the country is OPAP SA. All of them are located in resort areas and are aimed at foreign visitors. Currently, there are 9 legal casinos operating in Greece. The Gambling Supervision and Control Commission oversees the regulation of gambling establishments the basic rules for the provision of such services are described in Law 4002/2011.

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