Development of the Gambling Industry in Greece

Development of the Gambling Industry in Greece

Greece is a mainland-island country where almost all types of gambling are permitted. The first land-based gambling establishment opened its doors back in the 20th century. Today, the gambling industry in Greece is represented by 9 offline venues and a vast online market. Players can also explore various online casinos, such as those offering great promotions like the Betsafe casino bonus.

Online Casinos in Greece: Regulatory Policy

Legalized online casinos use national Greek domain names *.gr. Virtual sports betting in casinos is prohibited. An online gambling license is issued for a single resource, with no right to transfer or lease it.

According to transitional legislative norms, the activities of online establishments registered within the European Union or European Economic Area are legal if operators:

  • Have obtained an international online gambling license from regulatory authorities.

  • Comply with the tax regime specified in Articles 45-50 of Law 4002/2011.

Although the transitional period has ended, no online operator licenses have been issued in Greece yet.

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