A tender for a license is expected to start by the beginning of the new year casino in Crete, as part of a property to be used on troughfrom a development company Real Estate Redas he mentioned yesterday in a press presentation – on the occasion of testifying in parliament report for 2022 – Chairman of the Committee for Supervision and Control of the Gambling Business (EEEP) Dimitris Dzanatos. Among other things, this will be preceded by a casino license consultation process, followed by the publication of a tender announcement. In the near future, developments are expected for casinos on Greekwhich is an integral part of the complex tourist complex which will be developed in the area. In other words, an independent engineer is expected to be selected to lead the project, a tender has been launched to hire him, and bids are expected to be submitted by the end of April. Referring to the troubled casino business, Mr. Zanatos noted that an out-of-court settlement process is underway in Loutraki, while the Rio and Alexandroupolis casinos, which are controlled by Glafka Capital, are in the process of consolidation. . However, given that they remain in a delicate balance, Mr. Zanatos noted that the two businesses are still in transition.

How is the process of cleaning up the casinos in Loutraki, Rio and Alexandroupolis.

Regarding illegal casinos, the president of EEEP noted that an independent body will recommend that the Ministry of Finance continue their operation with a temporary license until a tender for a final license takes place. And this is with the goal, among other things, that players do not turn to illegal gambling. During the last financial year, EEEP annually showed a 19.8% increase in turnover to 17.5 million euros and a 19.4% increase in profits to 13.37 million euros. The main volume (97%) of revenue, as the head of the Office explained, comes from the profit ratio (GGR) of providers, from fees and from administrative fees. The main reasons for the increase in revenue are the lifting of restrictive measures due to the pandemic, which led to an increase in the revenue of terrestrial network providers, online provider licensing certificates and fitness licenses for casino staff. .