Is Gambling Legal in Greece?

Greece hasn’t just joined the ranks of regulated gambling countries – it’s built a solid place for itself. Since bringing in Law 4809/2021, the market has run on a clear, EU-friendly licensing system that’s catching the eye of operators across the industry.

The Hellenic Gaming Commission (HGC) oversees the market, and the results are clear: online gambling generated 28.3 billion euro in the first eight months of 2024. With strict KYC, AML, and player protection rules in place, Greece offers a market that is both secure and full of potential.

Online Gambling in Greece

Regulatory Authority	Hellenic Gaming Commission (HGC)
Key legislation	Law No. 4002 (2011)
Allowed activities	Among others: online casino games (slots, table games, live dealer) poker bingo other chance-based games
Prohibited activities	Among others: running an online gambling site without an HGC licence letting underage users gamble using games that haven’t been approved or certified, including RNG-based ones ignoring responsible gambling rules or allowing access to players who’ve self-excluded
Taxation and fees	In Greece, licensed gambling operators pay a 35% GGR tax (30% for horse racing). Players are also taxed on winnings. Online casino winnings: 0% tax on winnings up to €100 15% tax on winnings between €100.01 – €500 20% tax on winnings above €500 Sports betting winnings: taxed per betting slip the rate ranges from 0% to 7.5%, depending on the amount won All winnings must also align with Greece’s general income tax regulations.
Licence validity/duration	7 years
Benefits of the market	Low regulatory fragmentation Operators benefit from a single national licence, avoiding the complexity and cost of managing multiple regional approvals. Growing online market Lately, the Greek gambling scene has demonstrated significant growth, with total gaming revenue reaching €28.3 billion in the first eight months of 2024, indicating a lucrative market for operators.
SOFTSWISS products compliant	Casino Platform Game Aggregator

Land-Based Gambling in Greece

Key legislation	Law No. 4002 (2011)
Allowed activities	Land-based gambling, including retail sports betting, offered exclusively by OPAP (Greek Organisation of Football Prognostics S.A.) at licensed points of sale.
Prohibited activities	Among others: offering credit for gambling activities advertising unlicensed operators promoting gambling as a financial solution
Taxation	In Greece, licensed gambling operators pay a 35% GGR tax (30% for horse racing). Players are also taxed on winnings. Online casino winnings (progressive tax): 0% on winnings up to €100 15% on winnings from €100.01 to €500 20% on winnings above €500 Sports betting winnings: taxed per betting slip rates range from 0% to 7.5%, depending on the slip amount All winnings must also align with Greece’s general income tax regulations.

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