The basketball club, founded in 1950, is also known as the Gymnastikos Syllogos Amarousiou (GSA) and is located in Marousi, a northern suburb of Athens. The emblem of Maroussi BC is identical with the crest of the former Anavryta School, a highly regarded lyceum of Athens, traditionally the school of the Greek royal family, that used to have strong connections with the club. The basketball team (Maroussi BC) has since its creation been the preeminent department of the club. It is one of the original members of the Greek Basketball Championship and had excellent results, both domestically, and representing Greece in Europe during the 1960s and 1970s.
The team made it to the championship final of the 2003-2004 season in the Greek A1 Basketball League losing to Panathinaikos Athens. Maroussi also finished in second place in the European EuroCup Championship in 2004 losing to UNICS Kazan in the championship game. In those years the team participated in 2 European Final Fours in the EuroCup. The team made it to the finals game of the Greek Championship Cup in 2002, losing the championship game to Euroleague powerhouse Olympiacos BC. In the 2004-2005 season Maroussi finished second in the Greek League in the regular season behind only Panathinaikos BC. In 2006, Maroussi again made it to the finals game of the Greek Championship Cup. This time losing to Euroleague powerhouse Panathinaikos BC in the championship game.
Maroussi, without its star coach Panagiotis Giannakis, faces the new period that began in the 2006-2007 era as a challenge. The team is considered to be one of the 7 best teams in Greek League basketball along with the 3 Greek Euroleague teams Panathinaikos BC, Olympiacos BC, Aris BC and the other Greek league powers AEK Athens BC, PAOK BC and Panionios BC. Maroussi remains a much feared and respected opponent in Greece.
In the 2007-08 season, after a bad start, the new coach of the team Soulis Markopoulos (hired after the firing of Russo) provided a fresh outlook in the team. Maroussi finished in the 6th place in the Greek League in the regular season, but advanced to the semi-finals of the playoffs. They lost the 3rd place Euroleague match 3 games 2 to Panionios BC, but the 4th place finish in the Greek playoffs secured Maroussi a return to the ULEB Cup.
Revitalized Maccabi TA holds off Roma. Yellow and blue take control after tight first half to defeat Italians 79-59
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