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Greece: H1 GGR rises 8% to €1.56bn

Online GGR increased 18.7% year-on-year to €647.2m, accounting for 41.5% of the market as growth continued to shift towards digital channels.

2 min read
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Key Points
Greek gambling GGR reached €1.56bn in H1 2026, up 8% year-on-year
Online GGR rose 18.7% to €647.2m, while land-based GGR increased 1.6% to €910.6m 
State revenue from gambling increased 14.4% to €627.3m

Greece’s gambling market generated GGR of €1.56bn ($1.76bn) during the first half of 2026, an 8% year-on-year increase from €1.44bn.

Figures presented by the Hellenic Gaming Commission (EEEP) showed that online gambling continued to account for most of the market’s expansion. Online GGR increased 18.7% to €647.2m, while land-based GGR grew 1.6% to €910.6m.

Online gambling consequently represented 41.5% of total GGR during the period, compared with 37.8% a year earlier. Of the €116m increase in total market GGR, €102.1m came from online gambling.

Revenue generated for the Greek state also grew faster than overall GGR, increasing 14.4% from €548.3m to €627.3m.

The latest figures continue the expansion recorded during 2025, when full-year Greek gambling GGR reached €3.07bn. Online gambling was already the fastest-growing major segment during that year, with GGR increasing 11.7% to €1.19bn.

Longer-term projections indicate that the online share could increase further. A Deloitte Business Solutions study commissioned by the EEEP forecasts total Greek gambling GGR reaching €5.25bn by 2040, with online gambling expected to account for approximately half of the market. The forecast represents an average annual growth rate of 4.6% for the overall sector from approximately €3bn in 2025.

Growth is taking place alongside continued regulatory action against unlicensed gambling. Around 10% of the Greek population is estimated to have participated in illegal gambling, with illegal stakes estimated at €1.8bn.

The EEEP has also introduced an AI-based system to assist its identification and assessment of potentially illegal gambling websites. Of 3,283 websites examined, 1,001 were classified as illegal and 734 were added to the regulator’s blacklist.

In April, Global Gaming Insider reported that Greek gambling GGR increased 6.7% to €3.07bn in 2025, with online gambling leading growth after GGR rose 11.7% to €1.19bn. State revenue included €696m from licensing and €463m from taxation on player winnings.

Good to know

Greece provides separate online licences for betting and other online games, including casino and poker, with operators required to obtain approval from the Hellenic Gaming Commission before offering services in the country

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