Greece continues to evolve as a regulated hub for gambling in Southeastern Europe. With a complex past and promising reforms, understanding the Greece gambling market overview is crucial for new entrants and stakeholders eyeing this high-potential jurisdiction.
Key Insights
Regulated by the Hellenic Gaming Commission (HGC), Greece’s market spans land-based casinos, sports betting, online gambling, slot machines, lotteries, and B2B services. The permanent licensing framework introduced in 2020 now enables EU/EEA operators to legally offer services, though monopolies persist in some verticals.
Greek gambling licence regulations distinguish between online and land-based sectors. Online casino licenses cost ~US$2.2M, while sports betting licenses are ~US$3.4M, both valid for seven years. B2B licenses vary by type, with flexible durations.
Gambling taxes and fees in Greece are notably high. Online operators face a 35% GGR tax — one of Europe’s steepest — while land-based casinos pay 20% or 30%, depending on location. Player winnings are taxed progressively up to 20% per session.
According to the Greece Corruption Perception Index, the country scores 48/100, ranking 59 globally in 2024, indicating moderate corruption risk but improving institutional integrity.
Despite tax burdens and partial monopolies, Greece boasts a strong consumer base and transparent regulatory dialogue. Future policy changes may enhance accessibility and market competitiveness.
Greek gambling licence regulations distinguish between online and land-based sectors. Online casino licenses cost ~US$2.2M, while sports betting licenses are ~US$3.4M, both valid for seven years. B2B licenses vary by type, with flexible durations.
Gambling taxes and fees in Greece are notably high. Online operators face a 35% GGR tax — one of Europe’s steepest — while land-based casinos pay 20% or 30%, depending on location. Player winnings are taxed progressively up to 20% per session.
According to the Greece Corruption Perception Index, the country scores 48/100, ranking 59 globally in 2024, indicating moderate corruption risk but improving institutional integrity.
Despite tax burdens and partial monopolies, Greece boasts a strong consumer base and transparent regulatory dialogue. Future policy changes may enhance accessibility and market competitiveness.
Explore the full report in G3 Magazine for in-depth legal and commercial details: https://content.yudu.com/web/1tjv7/0A1tjv8/G3Jun25/html/index.html?page=24&origin=reader
