Greece’s gross gaming revenue (GGR) rose 6% in 2025, with remote gambling accounting for 38.8% of the total, according to the annual report the Hellenic Gaming Commission (EEEP) published on Tuesday.
Public revenues from gambling, covering taxes, levies and licence fees, climbed 11.2% to €1.17 billion over the year. The regulator’s own supervisory income reached €23 million, funded entirely through statutory sources. EEEP said it tightened both regulatory and technical oversight of the market during 2025.
The online segment was served by 24 licensed operators at year-end, with further applicants moving through the licensing process. Combined with the land-based sector, total Greek GGR reached around €3.07 billion for the year.
Online operators lead public gambling revenues
Online operators contributed €736.94 million to public gambling revenues in 2025, or 63.1% of the total collected from the sector. Fixed-odds betting on real and virtual events made up 40.3% of online GGR, with live casino, poker and slots accounting for the remaining 59.7%.
OPAP was the second largest contributor at €326.66 million, or 27.95% of public revenues. The company posted record GGR in its financial year to December 2025, helped by a 16.9% rise in iGaming as it pressed ahead with its integration into Allwyn, which completed its merger with OPAP and listed on the Athens Stock Exchange earlier in the year.
Casinos added €61.76 million, or 5.28% of public revenues, and Greek state lotteries €42.60 million, or 3.65%. Across all channels, remote gambling represented 38.79% of total GGR for 2025.
KINO and land-based betting still dominate
Land-based gambling generated €1.88 billion in GGR in 2025, keeping retail play well ahead of online. Number games led the way, with KINO alone producing €711.3 million, or 37.8% of land-based GGR.
Sports betting followed at €414.2 million, or 22% of the land-based total. Video lottery terminals brought in €365.9 million, or 19.5%, ahead of casinos at €268.6 million, or 14.3%. State lotteries contributed €114.6 million, or 6.1%, while horse racing was the smallest segment at €6.4 million, equal to 0.3%.
Domain blocking and player registry expand
EEEP stepped up its action against unlicensed sites through six rounds of blacklist updates, taking the number of blocked domains from 9,590 at the end of 2024 to 12,642 a year later. The regulator also logged 586 whistleblower reports over the year.
The government estimated that illegal gambling cost the state around €400 million in revenue in 2025. Greece has since opened a consultation on a gambling reform bill targeting the black market, part of a wider push to move play into the licensed channel.
The Commission launched the first phase of a central player registry during 2025. Seven licence holders connected to the system, allowing unique player identification across platforms as EEEP prepares a unified self-exclusion scheme. It processed 57 indefinite self-exclusion requests over the year, with 84% of applicants male and 63% aged 35 or younger.
With the player registry only partly built out and the reform bill still under consultation, the rate at which operators connect to the central system and the €400 million illegal market shrinks will determine how much of Greece’s 2026 growth reaches the regulated channel.
Source: Hellenic Gaming Commission
