Betting Sites in Greece

Among the intersections of ancient history and modern technology, Greece is an interesting example of an evolving world of online gambling and sports betting. Having in mind its great cultural heritage and modern tech infrastructure, Greece has managed to work with a complex set of rules and develop its current gambling landscape. The article attempts to shed light on the gambling laws in Greece, centring on betting sites in Greece, Greece sports betting, gambling licences, and what kinds of bets are allowed and prohibited.

Betting Sites in Greece
Dafabet SportsUp To £130+ £5 Free BetsRead ReviewVisit Site
BetandyouUp To £120+ £30 Free BetsRead ReviewVisit Site
Megapar SportsUp To £100+ 15% Free BetsRead ReviewVisit Site
Betmaster SportsUp To £1000+ £10 Free BetsRead ReviewVisit Site
20Bet SportsUp To £150+ Recharge £150 Free BetsRead ReviewVisit Site

Gambling Regulation in Greece

Greece, is well-known for being the cradle of democracy and philosophy and manifests a specific story in the field of gambling regulation. Here is a concise timeline listing the key Greek gambling regulations:

  • 2002: The banning of all electronic gaming was legislated by law 3037/2002 as there was a concern of online gambling. This sweeping law accidentally proscribed even the video games played in internet cafes.
  • 2011: In Law 4002/2011 there was introduced a transitory period that permitted 24 online operators to continue with their services provisionally. Thisera saw the birth of Hellenic Gaming Commission (HGC) whose role was to regulate games of chance in Greece.
  • 2012: It is suggested by the government to merge the online gambling into state-run OPAP raising the fears of monopolistic practices. November witnessed a demand that interim license holders should stop operations.
  • 2013: The Court of Justice of the European Union (CJEU) declared OPAP’s monopoly illegal, but allowing them to have 35,000 video lottery terminals.
  • 2016: Most of the conversations were about operators’ taxations, with one of the outstanding suggestions being the rise of GGR tax to 35%.
  • 2019: The law 4635/2019 changed the licensing system for online gambling significantly, abandoning the public tenders and promoting an approach where any interested party may obtain a fixed-term, renewable license.
  • 2020: The Ministry of Finance submitted new draft gaming regulations to the European Commission and the HGC made progress for more regulatory clarifications.
  • 2023: A draft Regulation was released by the HGC, which was aimed at the land-based casinos and introduced many novelties, which is another step forward in the process of perfecting the Greek gambling laws.

Navigating Greek Gambling Licenses

Licensing is essential for the legal operation of gambling in Greece, with different types of licenses catering for various aspects of the industry:

Types of Licenses:

  • Simple-Type Casino Licenses: For casino resorts.
  • Wider-Range Casino Licenses: Addressed to facilities integrating gambling with top-class lodging and specific tourist infrastructure.
  • Two types of licenses: online betting (type 1) and other online games that cover possible events that may be placed, type2 – which are renewable for seven-years, represent the spectrum from actual events to casino games.

Costs and Taxes:

  • Getting an online casino license carries a payment of €2 million, while sportsbook licenses are €3 million.
  • Gross Gambling Revenue taxation is at 35%, in addition to 20% corporate tax.
  • The taxation of customer winnings is different, with the first Є100 being free, then 15% up to Є500, and 20% for larger amounts.

Gambling Law and Regulation in Greece – 5 Things to Know

Greece’s evolving gambling regulations

Legal reforms and licensing reform in Greece

Freedom and control in the Greek gambling market

Colorful sport betting and casino games sector in Greece

Integrity, fun, and safety for all in Greek gambling industry.

Betting Sites in Greece and Sports Betting

Greek betting sites and Greece sports betting face is a never-ending transformation towards contemporary digital tendencies and the preferences of customers. The entire reforms within regulatory and licensing frameworks testify to Greece’s commitment to making the gambling environment safe, transparent, and competitive. By showing an interest in the protection of both the operators and the gamblers, Greece will become a significant player within the world gambling market.

Despite the fact that the market is overloaded with regulations, many stakeholders of the Greek gambling market – professional bettors, as well as sports betting fans – will need a clear set of rules, which provide a perfect balance between operational freedom and strict control over the market. In Greece, the spirit of a gambler can enjoy the hair-raising excitement of sports betting or the slightly cunning art of card games.

Conclusion

To sum up, the amendments in the Greek gambling legislation that led to development of a thorough licensing regime signify a broader modernization and adoption of the international norms. Greece betting sites and Greece sports betting is a lot more than betting, it is a tradition of innovation and regulation that ensures fair play, thrill, and safety for all parties involved.

Betting Sites in Greece: FAQs

Related content

Betting Sites in Europe

Betting Sites in Iceland

Betting Sites in Iceland

The land of the midnight sun and auroras, Iceland is a perfect blend of cold calmness and live culture that offers a singularity. Iceland’s population ... Read More about Betting Sites in Iceland
Betting Sites in Lithuania

Betting Sites in Lithuania

Lithuania in the domain of gambling and sports betting. has been carefully and gradually changing its gambling laws, thus, indicating a mature attitude to the ... Read More about Betting Sites in Lithuania
Betting Sites in Serbia

Betting Sites in Serbia

Serbia, located in the southeastern Europe and being at the center of the Balkan Peninsula is not only famous for its cultural heritage and wonderful ... Read More about Betting Sites in Serbia
Betting Sites in Belarus

Betting Sites in Belarus

As one of the leaders in the East European gambling industry The Republic of Belarus made a significant progress in altering the legal system to ... Read More about Betting Sites in Belarus
Betting Sites in France

Betting Sites in France

France is serves as one of the few obstacles to unregulated betting practices, providing both citizens and tourists with a choice of gambling, be it ... Read More about Betting Sites in France
Betting Sites in Albania

Betting Sites in Albania

Albania is an example of a country in the very heart of the Balkans that easily combines fascinating history with the live modern culture. Of ... Read More about Betting Sites in Albania
Betting Sites in Denmark

Betting Sites in Denmark

Denmark has a strong and well-controlled gambling environment that provides numerous opportunities to both operators and gamblers. Denmark also shines through as a lighthouse for ... Read More about Betting Sites in Denmark
Betting Sites in Moldova

Betting Sites in Moldova

Moldova is located in Europe, bordering Romania and Ukraine, surrounded by Ukraine to the east, south and north, and Romania to the west., Moldova is ... Read More about Betting Sites in Moldova
Betting Sites in Ireland

Betting Sites in Ireland

Ireland's tapestry of rich is presented as its green fields, deep cultural roots and historical landmarks. Yet, another feature that makes this country dynamic is ... Read More about Betting Sites in Ireland
Betting Sites in San Marino

Betting Sites in San Marino

San Marino, the center of Europe is not only famous for its historical sites and beautiful views but also for its lively gambling industry. The ... Read More about Betting Sites in San Marino
Scroll to Top