Online gaming licences are only granted to legal entities which have their registered office or their permanent establishment in Greece, or in a European Union or European Economic Area Member State and are taxed according to Greek Tax Law. It is also obligatory for the website to have the URL suffix “(…).gr” (Article 46 par. 4). Greece issued the Gambling Act of 2011, which in theory legalized online gambling. Still, no official implementation of the Act's provisions has started, which in practice makes it useless. Currently, online gambling services in the country can be provided by licensed legal entities. Gambling in Greece is legal under the Law 4002/2011, which refers to land-based as well as to online gambling. The body responsible for the regulation of gambling activities in the country is the Hellenic Gaming Commission which was established by the same law. There are also those countries where online gambling is neither regulated nor prohibited. Online gambling availability in the World 2021. Depending on different approaches to gambling regulation in the world, all countries are divided into 4 groups. Countries where foreign online casinos are not blocked: On Episode 4 of the Andersen Legal Podcast, our associate Simeon Kretsis is providing an overview of the online gambling market in Greece. Put your head-phones on and listen to Simeon presenting the online gambling market in numbers and giving a brief overview of the legal framework. The Greek gambling industry, along with foreign companies, held its breath waiting for a new licensing regime for online casinos. At the legislative level, the activity of both land-based and online casinos is regulated by Law No. 4002/2011 of 2011, according to which only a limited number of operators (24 companies in total) gained the right to offer their services on the Greek gambling market. The Greece’s gambling regulator stated that all legal entities, including shareholders, key executives, manufacturers, technology suppliers and certification bodies may now apply for obtaining licenses for online gaming and betting, The Indian Wire reports. Greece’s Parliament had passed the Gambling Regulations in October last year and its Online betting politics in Greece is a complicated situation; the gist is casinos and sportsbooks can operate in the country but with strict conditions. However, you can use a site based outside of Greece, as long as it has the right licence. All the sites we mention in this article are safe to use for all your sports betting needs. Therefore, online gambling is a legal and regulated market. However, the majority of Greek players still turn to offshore online gambling sites where the betting and gaming options are more numerous. In any case, if you want to partake in gambling activities in Greece, you will certainly have a lot of options. Is online gambling legal in Greece? The short answer is yes, online gambling is legal in Greece. Land-based gambling has been legal since 1994 and thanks to the Gambling Act of 2011, online betting has been legal for nearly a decade. Although there are some controversies surrounding this issue which leave many things uncertain currently, Greek players can enjoy betting online and are even (according to the EU) entitled to use international sites when betting online.
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