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One bit of good news for Greek online gamblers is their local gambling statutes seems to allow unlimited online games of chance.
The gambling laws seem to allow the Hellenes free access. I wanted to put that theory to the test, so I found one of the famous online casinos which seems to have restrictions for the most different nationalities.
Players from different countries are prohibited from playing at Paddy Power Casino, a number which is swelled by 20 different European countries.
The advantages of this are obvious to gamblers who like to shop for welcome bonuses—you can play without paying. So this is something for Greek casino gamblers to consider.
If you prefer the traditional signup bonus or welcome bonus in which you get additional funds added to your account the first time you make a deposit, try out the Cherry Red Casino.
I should mention that each of these casinos have different terms and wagering requirements, so some of those numbers which seem like low-ball offers might actually compare better with the competition than you would think.
All is not what it seems in online gambling. Home Country Greece. Top Casinos Greece. The current laws insist players declare their winnings within 30 days after the favourable outcome.
In contrast to this, a potential future for Greek online and land-based operators alike is the possibility of a required rise in their total tax contributions to the state, depending of course on this impending bill.
When compared to the taxation situation of some of its EU member state neighbours, a number of interesting contrasts emerge concerning gambling attitudes and taxation.
For example, in some countries such as in the UK, Belgium, Czech Republic, Slovakia, Spain or Denmark, only the betting companies themselves are subject to tax from their gross incomes.
What these trends have in come is that one fact jumps out; that is way better to be a player than an operator when it comes to paying tax.
This is the law that sets the terms and conditions under which all gaming and gambling operators are allowed to be offered by the administrative authorities, the HGC.
After the law was first implanted in , foreign offshore operators were also permitted the right to apply for licensing.
Pursuant to the provisions of this law, an administrative license is required for the conduct and operation of games using gaming machines or for online games.
Third-party non-license holders may also, exceptionally, operate games using VLTs, pursuant to the provisions of paragraph 6, article Games and gaming machines must be certified in accordance with the provisions of this law..
Until the finer details are ironed out, some locals may continue to seek international gambling websites instead that accept Greek players, which of course could be detrimental to the growth of the industry.
Perhaps this hit to the total revenue generated by land-based casinos will incentivise the Greek government to review their online casino markets.
According to a recent survey by Statista. Gambling in Greece generated an impressive 2. Within this statistic, this GGR total amounted to 1.
During our research into the best online casinos in Greece, we were also able to collect some more info on the current Greek market and its relationship with the Organisation of Football Prognostic S.
A OPAP , which helped us to understand better the complexities and controversies surrounding the Greek market in recent years. The modern history of how intertwined the OPAP and Greek state are goes all the way back to when the organisation was first established.
Although it is now privatised, there was an initial time when the OPAP was state owned. Taking this into history into consideration plus the fact that up until now that all of the 24 online gambling licenses ever issued in Greece went to the OPAP in , it is unsurprising then that the connection between these two entities has led to the constant accusations of scandals, cronyism and protection ever since.
What leaves a sour taste in the mouth of some Greek players and operators is that the surplus slot machines can only be purchased from OPAP due to its monopoly on land-based casinos, meaning they get a cut of the action regardless.
This is despite the quality of the top online casinos in Greece. Startlingly, a high percentage of this revenue generated was due to Greek players visiting international offshore sites and putting on bets.
Some smaller Poker brands Poker Stars etc. The final EU regulations due to be enforced as soon as possible which will most certainly cause a drastic reshaping of the online market.
World famous for its beauty, history and culture, Greece unsurprisingly has developed a thriving, industry with something to offer everyone.
Found close to the big cities and bustling resorts, casinos form a big part of the cultural landscape for those who want to enjoy luxury or merely try their luck at the considerable number of casinos found throughout the country.
In the past decade, there has been a rapid growth in the number of casinos in Greece largely due to tourism. Apart from the islands of Corfu, Rhodes and Syros, most of the nine casinos are to be found scattered throughout cities on the mainland.
Located in the stunning Athens city suburb of Acharnes, the Regency Casino Mont Parnes holds not just the special esteem and honour of being the largest on-land casino in the entire country but was also the first casino in Greece.
Located in the heart of the National Forest of Parnitha, not only is this casino located in a spot of stunning beauty richly steeped in history but it also sits at an altitude of 1, metres , presenting visitors with an unforgettable breath-taking natural view that offers not just a lasting impression but also a stark contrast to all the glamour and glitziness that exists within the establishment itself.
Open around the clock, the Regency Casino Mont Parnes takes pride in its 52 table games and game machines. It also accommodates an approximately m2 poker room that is open every day from 3pm until 6pm.
Please bear in mind that you must be at least 21 years of age or older to partake in these cash games and tournaments or to play the slots or table games.
Open around the clock and located in the ever-exciting, beautiful cultural hub that is the Greek city of Thessaloniki , the Regency Casino Thessaloniki is another top, must-see Greek casino.
No stranger to luxury, this casino offers its guest a unique experience that holds a special place across Europe. Compared to our previous review entry, this casino boasts an even higher amount of gaming slot machines available, to be exact!
In more ancient times, the region of Loutraki was renowned since for its beautiful landscape that was a bountiful home to natural mineral water and hot springs that inspired many to come and visit.
Another resort on this list of imposing size, this casino comes fully equipped with an extravagant total gaming room area of 5, m2 spread across two levels , in which you can expect to find 82 table games, slot machines, 35 terminals for electronic roulettes as well as two separate VIP lounges all for your pleasure.
Yet another hotel esteemed for its elegance, the Club Hotel Casino Loutraki actually rewards its players who use card at the tables or slots machines with points that can be later redeemed for a stay at the five-star hotel or meals at the fine-dining Neptune restaurant which are also part of the facility.
Players at the resort can enjoy unlimited access to play the wide array of slot machines at any time of the day or night as the casino is open 24 hours from Monday until Sunday.
For the potential patron seeking live table games, the resort has your needs covered too as live table games happen every day from 1pm until 7am.
Gamble safely! However, it is worth mentioning that the history of gambling in this part of the world goes all the way back to the 3rd century BC.
In comparison to the times we find ourselves in, during the past decade alone, Greece has experienced lucrative growth to both its online and on-land gambling markets.
As they say, the more things change, the more they stay the same. Two figures who gained fame, recognition and momentarily fortune.
Let us happily introduce you to three of the most successful and famous Greek poker players ever. Legend has it he played poker with Einstein.
A Greek professional poker player celebrated for winning two bracelets at the World Series of Poker during the years of and respectively.
Although largely considered primarily a seven card stud poker player, he has earning a lot of money in other poker tournaments games too.
While we give it our all in the attempt to guide you through the top Greek casinos online and the situations surrounding them, we are of course aware that not all players have the time to take a deep dive into the complicated waters of Greek gambling markets.
The short answer is yes, online gambling is legal in Greece. Land-based gambling has been legal since and thanks to the Gambling Act of , 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.
Yes, you can play online slots for real money in Greece. As both state-licensed casinos and international casinos sought out by Greek players offer some of the finest online games available worldwide.
Regardless though, the best casinos will always be safe and secure for all players. However, the rate of the taxes depends heavily on the total amount of money won by players.
Winnings under Euros are tax-free. Developers grew in number and accomplishments, and so did operators on account of such advances. One other segment of this newly created market also benefited greatly from the advent of online gambling — the governments.
Some took to ignoring it, believing that it would disappear as suddenly as it appeared with the invention of the Internet.
All the while, a small group of countries readily accepted this extension of the already existing and well-known land-based gambling business, and adopted proper legal regulative for this type of entertainment.
These last ones have made the most of the industry since its earliest beginnings; nevertheless, others seem to be catching up with an increasingly rapid pace, especially in more recent years.
Europe casino and gambling markets had already caught up with the craze surrounding interactive gaming, and it seems like the even the last ones of the more rigorous governments are taking a more lenient approach nowadays.
However, as EU took a more direct involvement in the policies, they are seeing progress and opportunities as the rest of the lot.
Greece regulative on online gambling is explained in greater detail below; as things stand, players and enthusiasts have a lot to choose from when it comes to their favourite pastime.
When things started going for the online gambling industry Greek gambling enthusiasts were among the first looking to get in on the action.
After all, the tradition for this type of entertainment in the country dates back to its ancient roots, and evidence of it are found even in the myths about deities.
Back in the first attempts at imposing strict regulations began on behalf of the Greek government. However, due to improper wording, it ended up banning land-based gambling activities in the existent establishments and even video gaming as well.
Due to this, reactions from multiple operators came swarming in, and complaints were made on the lack of compliance Greek policies showed with the EU online gambling regulative.
In other words, the Act aimed to give the state-run operator OPAP full power and sole authorization to provide online casino and gambling activities in the country.
All the while, the HCG pursued their course of action, first off by giving all other operators a deadline to remove their services from the market.
The license lasts five years, but those looking to continue it will need to re-apply a year ahead, and pay the same amount as the first time.
Still, due to the massive interest on behalf of the player pool, the endeavour is well worth their while. Gambling has always been a popular activity among Greece-based players, and all the more so with the added conveniences of online and mobile gambling.
Many international casino brands, as well as smaller establishments, have entered the market, and provide Greek enthusiasts with a range of services.
The scope of games at these casinos is much like any other of the top ranking platforms. In fact, some of them are directly available to the Greek player pool, and offer players the following selection of online casino game types:.
UP TO. Despite the fact that most of the gameplay is done on offshore platforms, they are still keeping up with industry trends and aim to provide the best to their player pool.
As a result, players on these platforms residing in Greece can enjoy playing their favourite slots or table games at chosen casino platforms anywhere on the go, as long as they have a stable Internet connection.