Gambling regulation
Gambling in the country:
Licensing
Local License:
HGC
Population growth:
Internet users:
Urbanization:
Population - 80.7%.
Urbanization - 0.11%
Languages in the country:
Greek - 99%
Others - 1%
Age structure:
0-14 years old - 13.8%
15-64 years old - 62.6%
65 years and older - 23.6%
Middle age:
Total - 46.5
Men - 44.6
Women - 48.3
Literacy:
Total - 97.9%
Men - 98.5%
Women - 97.4%
Real GDP:
2021 - $354.888 billion.
2022 - $375.271 billion.
2023 - $384.023 billion.
Real GDP growth:
2021 - 8.38%.
2022 - 5.74%.
2023 - 2.33%.
GDP per capita:
2021 - $33,600
2022 - $36,000
2023 - $36,900
Top brands in the country
(data as of September 2024)
Top payment systems
(data as of December 2024)
Слоты по доли рынка
Top Slots
Top Slots (data as of September 2024):
Top 3 favorites topics in the slots:
Top manufacturers games:
Affiliates receiving traffic
More about gambling regulation
Greece has strict regulation of the gambling market (and online casinos and sports betting), you need to be prepared for potential domain blocking.
Status of iGaming market: highly regulated (both betting and gambling are regulated).
Regulatory body: Hellenic Gaming Commission (HGC).
A list of current licenses can be found here: https://certifications.gamingcommission.gov.gr
Curacao license: officially banned in Greece. The regulator actively fights against operators who work under this license and blocks the sites.
Legislation introducing a licensing regime for iGaming and online betting came into force in 2019. A permanent license market was launched in 2021.
Regulatory Authorities:
The Greek Gambling Commission (GGC) - responsible for creating and implementing legislation, licensing gambling operators and establishing general rules for the industry.
Gambling Oversight and Enforcement Commission (EEEP) - oversees already licensed operators, enforces legislation, and protects players' rights.
Two types of licenses are available to companies: for online betting and for iGaming. The cost of the license for sports betting is $3 million, for online casinos - $2 million, and the tax on gross gambling income is 35%. The validity period of the licenses is seven years.
User winnings over €100 are taxed: 15% for payouts between €100 and €500 and 20% for larger ones. Gambling is allowed for persons over 21 years of age.
About blocking and liability
Medium
Legislation:
Ambiguous / requires verification
The activity of the authorities:
Medium
Risk of harassment of non-residents:
Low
The risk in entering the country:
Low
Risk of extradition to the country:
Low
Precedents (against non-residents):
No data
Comment on the level of risk:
Greece: Current assessment is preliminary - local inspection is recommended. Work can be done with caution unless there are explicit prohibitions. Risk of extradition to the country is low, requests are rare.
Blask.com data - index and top brands
Indicates the aggregate level of engagement and interest in all brands in a country. This indicator serves as a barometer for the iGaming industry and combines various indicators to give an overview of trends and changes in the market.
Top brands in the country according to the Blask.com service
| Stoiximan | 26.23% |
| Novibet | 23.87% |
| Bet365 | 14.44% |
| Pamestoixima | 8.46% |
| bwin | 5.06% |
*BAP (Brand's Accumulated Power) - accumulated brand power, reflects the brand's share of consumer interest in the online gambling market. The relative presence of a brand in a country. The BAP graph is presented below:
Data for the section is provided by the analytical service Blask.com.. At the moment, the service's database contains information on more than 80+ countries and more than 2500 brands.
Gambling in the country
Despite the existing laws in the sector, more than 10% players, including 16-year-olds, still play on the black market. Probably, they are attracted by more favorable bonus systems, a vast selection of gambling games and the absence of tax on winnings.
On top of this, with the increasing availability of internet in the country and the popularity of platforms such as YouTube, Instagram and TikTok among residents, local influencers are increasingly beginning to promote illegal gambling sites.
Population: more than 10 million people. Currently, more than 82% of the population lives in urban areas. The rate of urbanization is 0.11% per year.
The average age is 46 years. The average life expectancy is 82 years.
As of early 2024, the population had the following age distribution:
The male population is 49.5% and the female population is 50.5%. In 2050, the elderly population will account for just over 34% of the state's residents.
The literacy rate (ability to read and write) among youth aged 15 to 24 years is 99.45% and among adults is 97.68%.
Greece is a country with a homogeneous ethnic composition: 94% of the population are Greeks and about 4% are Albanians. National minorities, comprising 2% inhabitants, include Bulgarians, Pakistanis, Romanians, Indians, Russians, Ukrainians and Georgians.
Also, it is worth noting that the number of young gamblers (20-30) has been growing over the past year. At the same time, this age range is much more involved in cryptocurrency technologies and, accordingly, more often prefers to play on crypto.
Language: the official language is Greek. It is spoken by 10 million inhabitants.
About 50-60% Greeks know English.
Religion: Christianity is practiced by the vast majority of believers.
Major cities: Athens (capital), Soloniki, Patras, Piraeus, Larissa.
Currency: historically the monetary unit of Greece is the drachma. Since March 1, 2002, the euro has been used throughout the country. 100 EUR = $104.
Financial Capabilities: According to the European Statistical Service, 13% inhabitants have limited access to benefits. At the same time, according to the Greek Statistical Service, the figure has remained almost unchanged since 2021.
For a family, this means not being able to pay for unexpected expenses and bills, not being able to secure a week of annual vacation time away from home, not having a car for personal use, and more.
For citizens, this means lack of stable internet access, inability to update their closet, limited spending on personal needs, and more.
Also in 2024, the proportion of the population earning less than $2.15 per day is 0.48%.
Greece's unemployment rate this year is 10.52%.
The average salary is from $1250 and the minimum wage is from $880.
Mentality: every Greek, regardless of age, social and family status, will fight against violations of rights and freedoms. Hence the motto of the Hellenic Republic is «Freedom or Death».
Greeks are noisy and emotional people with an open and friendly nature. They talk loudly, gesticulate and laugh.
The inhabitants of the country are very reverent about leisure time. The Greek principle is «Work for life, not live for work».
By nature, they are big dreamers. One of the main themes of their fantasies is wealth. And the desire to get rich quickly and without any effort is born from the need to spend large sums of money brightly and beautifully to impress others.
Greeks are often over-promising, even beyond their means. This is due to the desire to please their interlocutor in every way.
They often look for hidden meanings in words. So, for example, to convince a Greek to work with you, it is worth demonstrating the quality of your product/service. The most convincing argument is a customer testimonial.
The main character trait of the inhabitants is the desire for competition, which has deep roots in the ancient history of the country. Competitions were held in honor of various gods, such as the Pythian Games, a sporting and musical event organized in Delphi in honor of Apollo.
In addition, the principle of confrontation is also reflected in the form of dialog - the arguments that the Greeks so enjoyed.
Residents usually wear turquoise-colored amulets with blue eyes or Greek gods painted on them, and are wary of people with blue eyes, as they believe they can jinx them.
In the country's culture, the numbers 3, 7, and 12 are associated with good luck, while 13 and 17 are associated with trouble.
ARPU (average product revenue per player): $655 per year.
Internet accessibility: At the beginning of 2024, Greece had 8.9 million internet users and a penetration rate of 86.2%.
The average speed of wireless connection via Wi-Fi is 52.31 Mbps.
The average speed of mobile Internet connection is 85.27 Mbps.
Volume of device utilization:
Popular Web Applications: YouTube, Skroutz (marketplace), Facebook, Instagram, TikTok.
In January 2024, there are 8 million social media users in Greece.
Number of active users at the beginning of 2024:
Player Preferences: Greece is known as the birthplace of the Olympic Games, which explains why sports play a significant role in the lives of the locals. Soccer, basketball and volleyball betting is particularly popular in the country.
According to the latest data, 53% Greek players favor betting, while 34.6% choose slots.
Various card games are also in demand. One of them is the traditional game of Xeri, which resembles poker. The residents are also fond of Tavli, a Greek version of backgammon.
Slots are gaining popularity, especially the classic variants with fruit or animals. Games based on Greek mythology, with gods and mythical creatures such as Zeus and Aphrodite, are also in demand.
*ADCPU - average deposit count per user, how much a user deposits on average during the live time.
The Greeks have had a passion for gambling since antiquity. It is believed that it was in ancient Greece that games such as dice and backgammon were born. Modern Greeks still have a taste for gambling, which is why online casinos are gaining more and more momentum in the country.
Greeks, for the most part, prefer slots. They especially prefer bright, in terms of visuals, games.
Many players favor projects with local license, However, Curacao is still one of the most popular licenses.
Gambling regulation
Gambling in the country:
Licensing
Local License:
HGC
About the population of the country
Official Language:
Greek
Believers:
71 %
Second Religion:
Basic information about the country
Name of country:
Greece
Code (2-digit):
GR
Continent:
Europe
Capital:
Athens
Area of the country:
131,940 square kilometers.
Phone Code:
30
Currency (currency code):
Euro (EUR)
Geographical features of the country
The Autonomous Monastic State of the Holy Mountain: Athos.
Periphery (13): Attica, Eastern Macedonia and Thrace, Western Greece, Western Macedonia, Ionian Islands, Crete, Peloponnese, Northern Aegean Islands, Thessaly, Central Greece, Central Macedonia, Epirus, Southern Aegean Islands.
The modern territory of the country was partially or completely occupied by the states: Argos, Mycenae, Athens, Knossos, Sparta (Laconia), Messenia, Corinth, Macedonian Kingdom, Thebes, Achaemenid Empire, Roman Republic, Odrysian Kingdom, Epirus Kingdom, Roman Empire, Byzantine Empire (Eastern Roman Empire), First Bulgarian Kingdom, Venetian Republic, Abbasid Caliphate, Genoese Republic, Second Bulgarian Kingdom, Duchy of Athens, Latin Empire, Duchy of Thessalonica, Principality of Achaia, Despotate of Epirus, Ottoman Empire, Serbian Kingdom, British Empire (now Great Britain), German Empire.
Greece is washed by seas: Mediterranean Sea, Cyprus Sea, Aegean Sea, Ionian Sea, Cretan Sea, Sea of Crete, Sea of Myrtle, Thracian Sea, Icarian Sea.
Greece has access to lakes: Prespa, Trichonis, Wolvey.
There are rivers running through the area: Maritza, Struma, Vardar, Aljakmon, Arda, Vjosa, Mesta, Aheloos, Pinhos, Arakhtos, Alfios, Dospat, Evrotas, Angitis, Pinhos (Peloponnese), Acheron.
There are straits in the waters of the country: Kafirefs (Doro).
Greece owns the islands: Crete, Euboea, Lesvos, Rhodes, Chios, Kefalonia, Kerkyra (Corfu), Samos, Lemnos, Naxos, Zakynthos, Andros, Thasos, Lefkas, Karpathos, Kos, Kythira, Ikaria, Skyros, Paros and others.
Mountains within the country: Mytikas, Skolio, Stefani, Zmolikas, Grammos, Kaimakchalan, Gjona, Gamila, Timfi, Vardousia, Delphic Parnassus, Timios-Stavros, Pachnes, Kakarditsa, Agathias, Ayios Ilias, Killini, Stolistra, Vouloumenou, Kousakas and others.
Volcanoes are present in the area: Milos, Nisyros, Santorini.
Famous caves in the country: Diru, Tafcoeur.
Discussions on country characteristics
Any registered user can share their experience of working on this country with our community, tell about their «bumps in the road».
DICE.expert is an independent analytics platform for iGaming, SEO and digital marketing.
We collect data from official sources, structure information about markets, companies and technologies, and make the industry more transparent and understandable for professionals.
DICE.expert is not an online casino and does not provide access to gambling. All information is available for educational and analytical purposes only.
© 2024–2026 DICE.expert
