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Greece – Casinos could be developed in Mykonos, Santorini and Crete

By - 14 August 2017

A report, commissioned by Greece’s finance ministry, has advised that casinos could be developed in the tourist regions of Mykonos, Santorini and Crete.

The finance ministry recently asked Grant Thornton, a consulting firm, to analyse the existing casino sector and suggest proposals to reinvent the industry in Greece, which currently boasts nine licensees.
Mykonos, Santorini and Crete would be ideal hosts for new casinos. The report also suggested 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 €3.18bn in 2008 to €1.57bn in 2015.

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