{"id":101,"date":"2024-06-14T09:54:23","date_gmt":"2024-06-14T06:54:23","guid":{"rendered":"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/cyprus-gaming-sector-sees-6-ggr-growth-in-2023\/"},"modified":"2024-06-17T13:15:58","modified_gmt":"2024-06-17T10:15:58","slug":"cyprus-gaming-sector-sees-6-ggr-growth-in-2023","status":"publish","type":"post","link":"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/cyprus-gaming-sector-sees-6-ggr-growth-in-2023\/","title":{"rendered":"Cyprus Gaming Sector Sees 6% GGR Growth in 2023"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/Vj7_ucnrhXc\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Cypriot gaming sector concluded 2023 with impressive results, registering a 6% surge in Gross Gaming Revenue (GGR) throughout the year.<\/p>\n<p>The final quarter of 2023 witnessed particularly robust activity. The Cyprus National Betting Authority published statistics for both physical and internet-based gambling, with the latter generating slightly over \u20ac19 million (roughly $20.2 million) in Q4. Brick-and-mortar casinos followed closely, producing \u20ac14.8 million. This collective \u20ac30.9 million signifies a 9% leap compared to the corresponding period in 2022.<\/p>\n<p>Spanning the entirety of 2023, GGR reached \u20ac12.34 billion. Although land-based income experienced a minor decline, the digital realm thrived with a 12% rise, attaining \u20ac6.89 billion.  In aggregate, online gaming constituted the predominant portion of total earnings, surpassing \u20ac79.91 billion.<\/p>\n<p>In related gaming developments, the Danish gambling regulatory body, Spillemyndigheden, disclosed its own market statistics&#8230; <\/p>\n<p>The Danish gaming industry experienced a decline in 2023, as total earnings fell by seven percent year-on-year. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Cypriot gaming sector concluded 2023 with impressive results, registering a 6% surge in Gross Gaming Revenue (GGR) throughout the year. The final quarter of 2023 witnessed particularly robust activity. The Cyprus National Betting Authority published statistics for both physical and internet-based gambling, with the latter generating slightly over \u20ac19 million (roughly $20.2 million) in [&hellip;]<\/p>\n","protected":false},"author":77,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cyprus Gaming Sector Booms: GGR Up 6% in 2023<\/title>\n<meta name=\"description\" content=\"The Cypriot gaming industry is on a roll! \ud83c\udfb2 2023 saw a 6% rise in Gross Gaming Revenue, with Q4 showing particularly impressive growth. Both online and land-based casinos thrived. 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