Greece Gambling Market: Key Insights for 2025

The regulatory framework in Greece covers all verticals, including casinos, sports betting, slot machines, lotteries, online gambling, and B2B providers. However, monopolies persist in most land-based segments, leaving online gambling as the main entry point for private operators.

Two categories of online licences are available: the Greek online casino licence and the licence for online sports betting. Both are valid for seven years, require minimum paid-up capital of around €230,000, and include strict technical and compliance criteria. The Greece sports betting regulation also allows wagers on non-sporting events, such as political outcomes or entertainment contests.

Fees remain substantial – approximately €2.2m for a casino licence and €3.4m for sports betting. On top of this, Greek gambling taxation stands among the steepest in Europe, with a 35% GGR tax applied to online operators and progressive taxation on player winnings.

Operators must implement robust Greece gambling compliance systems, including full player identification, self-exclusion mechanisms, data storage within Greece, and pre-approved advertising. Anti-money laundering requirements demand due diligence from account opening, transaction monitoring, and enhanced scrutiny for high-risk players or jurisdictions.

Despite challenges, the market offers positive fundamentals: strong consumer demand, a transparent regulator, and consistent GGR performance. For well-prepared operators, Greece remains a valuable jurisdiction with long-term growth potential if reforms reduce taxation and monopolistic barriers.

Read the full article here: EGR