Greece Gambling Revenue Hit €3.07bn in 2025, EEEP Reports

Greece's regulated gambling market generated €3.07bn in gross gaming revenue in 2025, up 6.7 percent on 2024, according to the annual report of the Hellenic Gaming Commission (EEEP). Land-based venues still dominate the market with €1.88bn, or 61.2 percent of the total, while online gambling reached €1.19bn, or 38.8 percent, after growing about 10.5 percent year on year. The figures show a maturing market where physical betting shops, casinos and terminals remain the core, even as digital play is the faster-growing engine and the state's tax take from gambling climbed to €1.17bn.

How big is Greece's gambling market in 2025?

Greece's gambling market was worth €3.07bn in gross gaming revenue in 2025, a 6.7 percent increase over the prior year, per the EEEP annual report. Gross gaming revenue, or GGR, measures what operators keep after paying out winnings, so it is the standard gauge of market size. The 2025 total confirms Greece as one of the larger regulated gambling markets in southern Europe, with growth outpacing general inflation and driven mainly by continued migration of players to licensed online products alongside a resilient land-based sector.

Key facts from the EEEP 2025 report

• Total GGR: €3.07bn in 2025, up 6.7 percent year on year (EEEP annual report, 2025).
• Land-based: €1.88bn, 61.2 percent of the market (EEEP, 2025).
• Online: €1.19bn, 38.8 percent of the market, up about 10.5 percent (EEEP, 2025).
• Public revenue from gambling: €1.17bn, up 11.2 percent on 2024 (EEEP, 2025).
• Illegal domains blocked: 12,642, up from 9,590 in 2024 (EEEP, 2025).

Land-based or online: which drives Greek gambling revenue?

Land-based gambling remains the larger channel, but online is growing faster. Physical channels produced €1.88bn, holding 61.2 percent share, while online generated €1.19bn for 38.8 percent. Online GGR rose roughly 10.5 percent year on year, comfortably ahead of the overall market's 6.7 percent, meaning the digital share of the pie is still expanding gradually. That mirrors a wider European pattern in which online steadily gains ground without yet overtaking retail in markets that have strong betting-shop and casino networks.

What are the biggest land-based gambling products in Greece?

Number games such as KINO are the single largest land-based category, followed by sports betting and video lottery terminals. According to the EEEP breakdown reported by iGaming Business, number games delivered €711.3m, sports betting €414.2m, video lottery terminals (VLTs) €365.9m, land-based casinos €268.6m, state lotteries €114.6m and horse racing just €6.4m. The dominance of KINO and retail sports betting reflects the deep footprint of state-linked operator OPAP and its agency network across Greece.

Greek land-based GGR by product, 2025

Product	2025 GGR	Share of land-based
Number games (KINO)	€711.3m	37.8%
Sports betting	€414.2m	22.0%
Video lottery terminals	€365.9m	19.5%
Casinos	€268.6m	14.3%
State lotteries	€114.6m	6.1%
Horse racing	€6.4m	0.3%

What does the online gambling market look like?

Online gambling in Greece is split between sports betting and casino-style products, with games leading. Fixed-odds betting accounted for 40.3 percent of online GGR, while other products including live casino, poker and slots made up 59.7 percent, according to the EEEP data. The online market is served by 24 licensed operators holding Greek permits, a controlled field that reflects the country's tighter post-2020 licensing regime. The steady double-digit online growth suggests licensed sites are continuing to convert players from both retail and unregulated channels.

How much tax did Greek gambling generate for the state?

Gambling delivered €1.17bn in public revenue in 2025, an 11.2 percent rise on the previous year. Online betting operators contributed the largest share at €736.94m, or 63.1 percent of the total, followed by OPAP at €326.66m (27.95 percent), land-based casinos at €61.76m (5.28 percent) and state lotteries at €42.60m (3.65 percent). The fact that public revenue grew faster than GGR points to the mix shifting toward more heavily taxed online activity, a dynamic regulators across Europe are watching closely as they weigh higher duties.

Is Greece still fighting illegal gambling?

Yes, and enforcement intensified in 2025. The EEEP blocked 12,642 illegal gambling domains during the year, up sharply from 9,590 in 2024, as the regulator widened its crackdown on unlicensed sites. That effort dovetails with Greece's broader move toward faster technical enforcement, which iGaming Daily News covered when the regulator advanced DNS-level blocking of illegal gambling domains. Advertising expenditure in the market was reported at around €130m, and EEEP supervisory income came in near €23m.

How does 2025 compare with 2024?

Every headline measure moved up in 2025. Total GGR rose 6.7 percent to €3.07bn, online climbed about 10.5 percent to €1.19bn, public revenue increased 11.2 percent to €1.17bn, and domain blocking jumped by more than 3,000 sites year on year. The comparison shows a market growing on all fronts, with the sharpest gains in the online segment and in the state's fiscal take, while land-based revenue held its majority position rather than eroding.

Greek gambling market, 2024 vs 2025

Metric	2024	2025	Change
Total GGR	~€2.88bn	€3.07bn	+6.7%
Online GGR	~€1.08bn	€1.19bn	~+10.5%
Public revenue	~€1.05bn	€1.17bn	+11.2%
Illegal domains blocked	9,590	12,642	+31.8%

How does Greece fit into the wider European picture?

Greece's numbers land amid a run of positive 2025 results across regulated European markets. Sweden's state operator reported its strongest second quarter since reregulation, which we covered in Svenska Spel's record Q2, and supplier Playtech lifted its 2026 EBITDA guidance, as reported in Playtech's raised 2026 forecast. The common thread is licensed operators growing revenue while regulators tighten enforcement against black-market supply. Greece's blend of a dominant retail base, a smaller but faster online segment and rising tax yield is a template many southern European markets are converging toward.

What happens next for Greek gambling?

The near-term questions are whether online can keep growing at double digits, how far enforcement pushes players onto licensed sites, and whether Greece revisits its casino framework. The country has signalled interest in reducing casino fragmentation and modernising the sector, and the continued rise in state revenue gives policymakers room to consider further reform. With online already delivering the majority of public gambling revenue, any future tax or licensing changes are likely to focus there.

Updated July 2026

This report is based on the Hellenic Gaming Commission (EEEP) 2025 annual report figures as published on 16 July 2026 and reported by iGaming Business and GC Authority. The 2024 comparison figures are derived from the reported year-on-year changes. Please gamble responsibly. 18+.

Frequently asked questions

How much gambling revenue did Greece generate in 2025?

Greece's regulated gambling market generated €3.07bn in gross gaming revenue in 2025, a 6.7 percent increase over 2024, according to the EEEP annual report.

Is land-based or online gambling bigger in Greece?

Land-based is bigger, at €1.88bn or 61.2 percent of the market, while online reached €1.19bn or 38.8 percent, though online grew faster at about 10.5 percent.

How much tax did Greek gambling generate?

Gambling produced €1.17bn in public revenue in 2025, up 11.2 percent, with online betting operators contributing the largest share at about €737m.

What is the biggest gambling product in Greece?

Among land-based products, number games such as KINO are the largest at €711.3m, followed by sports betting at €414.2m and video lottery terminals at €365.9m.

How many illegal gambling sites did Greece block in 2025?

The EEEP blocked 12,642 illegal gambling domains in 2025, up from 9,590 in 2024, as enforcement against unlicensed operators intensified.