The finance ministry of Greece recently asked Grant Thornton, a consulting firm, to
analyse the existing casino sector and suggest proposals to reinvent the industry in the country, which currently boasts nine licensees.
According to the report, Mykonos,
Santorini and Crete would be ideal hosts for new casinos. Grant Thornton’s work also mentioned that the government should tier taxation and make table games more viable by reducing tax.
The Greek casino market has fallen sharply since the economic recession from €3.18 billion in 2008 to €1.57 billion in 2015.
Source: GMB