Online gambling law and regulation in Greece

Notes

The Greek online gambling regulatory system is currently regulated and allows any interested parties to obtain fixed-term renewable licences for the provision of online gambling. 

Interested parties may apply for:

• a licence for online betting (Type 1); and / or
• a licence for other online games of chance (Type 2).

Type 1 licence has a renewable term of 7 years and covers any kind of real events; fantasy sports; virtual events on the basis of a random number generator (RNG); and other events which lend themselves for betting. In order to obtain a type 1 licence, applicants must, among other conditions, pay fees of EUR 3 million. The same amount is due in respect of a licence renewal.

Type 2 licence has a renewable term of 7 years and covers casino games as well as poker and its variants, both if they are played with the help of a dealer (live) without an RNG and if they are based on an RNG. Furthermore, it covers poker and its variants whether carried out on a peer-to-peer basis or as poker cash games or as poker tournaments. In order to obtain a type 2 licence, applicants must, among other conditions, pay fees of EUR 2 million. The same amount is due in respect of a licence renewal.

Betting exchanges are prohibited.

Provided that all the conditions set out in the said regulations are met (such as regarding technical and financial standing, fit and proper assessment, submission of performance guarantee, and payment of licence fees), a licence is granted by the Hellenic Gaming Commission within two months after receipt of the respective application.

Last updated: April 2023