Greek gambling GGR rises to €3.07bn in 2025 as remote gambling grows faster and licensing reforms advance
Greece’s gambling market kept growing in 2025, with gross gaming revenue (GGR) reaching €3.07bn, up 6.7 per cent year on year. The detail that matters for PSPs and acquiring teams: land-based gambling still dominates, but remote gambling is expanding faster, and the licensing and enforcement framework is getting tighter at the same time.
- The Hellenic Gaming Commission (EEEP) said land-based gambling generated €1.88bn, or 61.2 per cent of total GGR, while remote gambling revenue rose 10.5 per cent. Public revenue from gambling via taxes, levies and licence fees increased 11.2 per cent to €1.17bn, and the regulator’s supervisory income stood at €23m.
- Within land-based gambling, number games such as KINO led with €711.3m, or 37.8 per cent of land-based revenue. Sports betting followed at €414.2m (22 per cent), Video Lottery Terminals (VLTs) at €365.9m (19.5 per cent), land-based casinos at €268.6m (14.3 per cent), state lotteries at €114.6m (6.1 per cent), and horse racing at €6.4m, or 0.3 per cent.
- Remote gambling had 24 licensed operators by the end of 2025, with more applicants moving through the licensing process. Fixed-odds betting, including wagers on real and virtual events, accounted for 40.3 per cent of online GGR, while live casino, poker and slots made up the remaining 59.7 per cent.
- Online betting operators were the biggest contributors to public gambling revenues, generating €736.9m, or 63.1 per cent of all receipts. OPAP, the national lottery operator, contributed 27.95 per cent after a 16.9 per cent rise in igaming revenue, casino operators contributed 5.2 per cent, and other licensed providers 3.72 per cent. Some €3.25m was collected from installment payments for licensing fees.
- On the compliance side, the EEEP launched the first phase of a central player registry in 2025, allowing unique identification across multiple licensed operators. Seven licence holders connected during the year, creating the base for a unified self-exclusion framework. The regulator processed 57 indefinite self-exclusion requests; 84 per cent of applicants were male and 63 per cent were aged 35 or younger.
Enforcement is moving in parallel with the licensing work. The EEEP issued six blacklist updates, increasing blocked domains from 9,590 in 2024 to 12,642, and received 586 whistleblower reports. Advertising is still large enough to matter for payment flows too: spending reached approximately €130m, the EEEP approved 1,301 advertising and marketing plans, and rejected 156. In March, the government said illegal gambling cost the state around €400m in lost revenue last year, and last month draft legislation was passed to overhaul gambling r.
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