Greek (HGC) Licensed Casinos

Posted by on23 Sep, 2022

Gambling Statistics

Curiously enough, the total number of ‘video lottery machines has been capped and permanently restricted to 25,000, meaning it’s become rather difficult for any prospective land casino operators to obtain them.

What leaves a sour taste in the mouth of some Greek players and operators is that the surplus games can only be purchased from OPAP due to its monopoly on land-based casinos, meaning they get a cut of the action regardless.

According to figures released in by the Hellenic Gaming Commission (HGC), the online Greek gambling market recorded a 40% decline in revenue generated during the first five months of 2020. This is despite the quality of the top online casinos in Greece.

In total, €150 million were generated in this time, but this was 40% lower when compared to this same period last year.

Gambling statistics for 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.) did considerably well as players turned towards casino and poker games due to the lack of sports.

Despite still having some advantages over competitors and the favour of the state, OPAP’s lack of online presence and appeal to some Greek players saw its revenue virtually vanish for these first five months.

The final EU regulations due to be enforced as soon as possible which will most certainly cause a drastic reshaping of the online market.

  What Greece deposit methods should I use?

Top Greece online casinos support a plethora of deposit options – from classic debit and credit cards (Visa, Mastercard) to t e-wallets, such as PayPal, Skrill, Giropay, and iDEAL. To choose the best deposit option, navigate to the correspondent section of your casino and check what deposit options it supports, and then link your card or e-wallet to your account. Depending on the payment system, you may have to wait for some time until the deposit is credited to your account.

What factors should I consider when choosing a gambling site in GREECE?

When choosing a gaming site, you should consider four factors:

  • Has the site obtained a legal permit from a governing body?
  • With which software vendors do they work?
  • What kinds of casino games and betting markets are there?
  • Is there a significant enough incentive to sign up?

New Player Bonuses

  • Welcome Bonuses are the go-to marketing tool used by Greek casino sites to attract new players. These highly lucrative benefits are almost always exclusive to first-time depositors. Among the most popular new player casino bonuses is the match deposit bonus. The casino will match your deposit(s) up to a certain percentage with this offer. Let’s say the site provides a 100% welcome bonus of up to €300. This means that if you deposit €300, the casino will slide an additional €300 in bonus cash your way.
  • No Deposit Bonuses are gifts you receive for registering with a casino. They don’t require a deposit upfront as opposed to other promotional offers. There’s a catch, though — not many online casinos offer these generous promos.

What Greece can do for Your Online Casino

The Hellenic Gaming Commission in Greece gives out license only to online casinos that comply with the law regulations, meet up the required security standards, and have fair casino game outcomes, and that is one valuable criteria to look out for. The online casino needs to have certification, license, and fair games. However, we at CasinoDaddy.com advise you to look out for other important features, such as a variety of games, mobile compatibility, or bonuses offered.

Our team has tested hundreds of online casinos and provides you the best choices amongst them, each with a detailed review giving you all the information you might need regarding the venue's features. Check them out now and you can easily compare them to choose the one that suits your needs and betting strategies the most!

How to bet on Casino Athens Greece:

Once you find a gambling platform that fulfills all your desires and requirements, the next step is to sign up to the site. Read all the terms and conditions and fill the form by providing your necessary information like name, address, email and phone number etc. Once you enter into the site, you will see a flood of games and promotions; choose which game you want to bet on. How many amounts can you deposit? Select it and play like an enthusiastic player to win the maximum rewards. Do not worry about the winnings, they will automatically transfer to your account safely; whether you win a cash prize or free spins. Checks on your account regularly, if you find anything suspicious, do call at the help center for guidance and assistance. Betting was never so easy like nowadays, just click a button and wait for your luck to work. What else do you dream of? All your dreams will come true by playing at Casinia Casino.

Ancient Greek Dice Games

Casino Dice Games IconCasino Dice Games Icon

Ancient Greek dice games looked a lot like ours do now. They placed bets and tossed three cubes of clay to determine the outcome.

When the Romans eventually adopted the game, they changed it to two dice which is how it’s still played.

Mobile Casinos in Greece

Mobile GamblingLike everywhere else in the world, mobile casinos are enjoying quite a large popularity in Greece.

Due to a near-perfect climate, Greek people like spending time outdoors, and mobile casinos allow them to play a few rounds of their favorite game wherever they go.

That’s why we made sure that all casino sites from our list have mobile-friendly websites that work well on all modern devices. No matter if you have an Android or an iPhone, you’ll be able to access these sites on the go.

Recommended Casinos

Select one of casinos recommended by Casino Guru. This list contains a mix of casinos recommended for various reasons, including big brands, smaller casinos with great bonuses and customer care, and other carefully selected alternatives. Better options, of course, appear first.

Ancient Greek Gambling Games

Ancient Greeks played several luck-based games. Before the creation of coins, they used shells to play Heads and Tails.

They wagered on animal races and fights and even played familiar versions of checkers and dice.

How We Rate & Review Greece Online Gambling Sites?

For Greece players casino is a way to relieve stress and refill with excitement and joy. When it comes to the choice of an online casino Greece does provide some favorable options, though not all of them are easy to find without preliminary research. In regard to the variety of games in a casino online Greece has no limitations, so you are guaranteed to find the gamble of your dreams! Whether you are looking for a no deposit bonus casino or a high-stakes casino, be sure – all the options from our list comply with the top 10 criteria below.

  1. License. The ever-changing laws are now aimed at democratizing the field for casinos and Greece gambling sites. All the licensed Greece online gambling sites were approved by the Hellenic Gaming Commission (HGC), which is the only governmental structure entitled to dealing with licensees. HGC not only accredits online Greece casinos but also limits the operation of the blacklisted institutions. In respect to any online casino Greece legal restrictions are quite harsh. However, all the shortlisted Greece online casinos are credible, safe, and licensed, whereas most of them are international casinos that accept Greece players. Since EUR has been an official currency in Greece since 2002, Greek players never have difficulties with depositing funds to the favorite online casino in Greece.
  2. Casino Games Variety. Top Greece casinos offer a variety of gambling games, as the law applies no restrictions, and in most of them, you can play online with real money and in a free mode. The more games the casino supports the higher it is ranked.
  3. Reliable Casino Software. The best Greece online casinos are equipped with reliable no-download software, and you don’t have to install anything to play. Be it a PC-oriented or a mobile casino, it guarantees the world-class gambling experience. We have thoroughly checked the top 10 Greece online casinos for bugs and errors and found none. Microgaming, NetEnt, Playtech can boast of the smoothest software in the gambling market.
  4. Jackpots. The availability and the size of Jackpots are one of the paramount criteria for choosing a Greece casino online, especially if you prefer big bets to smaller tentative ones. Typically, casinos with bigger Jackpots placed higher in rankings. The Jackpot size depends on the size/type of the bet as well as the Jackpot type (flat or Progressive).
  5. Mobile Compatibility. When you search for the best casino in Greece, you must be looking for a mobile-compatible one. The shortlisted casinos provide mobile compatibility for all operating systems. You can download the mobile app or play in the browser. For any modern casino mobile gambling is a rule rather than a privilege.
  6. Casino Bonuses. Respectable Greece online casinos treat their players with luxurious bonuses, which may vary depending on the season, holiday, promotion, or gambler’s game achievements. Bonuses can grant extra spins, increased winnings, or other gambling perks.
  7. Convenient Payment Options. Any Greece casino online supports EUR as a payment option, while many casinos allow players to deal with USD and other popular currencies.
  8. Security Issues. The represented Greece casinos online are safe and secure in both legal aspects and in terms of proper software operation. If you have any security concerns, feel free to contact the casino’s customer support.
  9. Customer Support. The responsiveness of the support service is what you should pay attention to when selecting a casino Greece online. The support teams of the listed casinos were checked by our team and accounted for the rankings.
  10. VIP Programs. Live casino dealers online usually treat VIP casino players in a special way. It can be higher winnings, discounts, free spins, or special tournaments for the best players only.

Recommended Casinos

Select one of casinos recommended by Casino Guru. This list contains a mix of casinos recommended for various reasons, including big brands, smaller casinos with great bonuses and customer care, and other carefully selected alternatives. Better options, of course, appear first.

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Gambling in Ancient Greece

Although some ancient Grecians opposed gambling, many enjoyed placing their fates in the hands of their gods. In fact, according to legend, divine figures Hermes and Pan would partake in betting.

Despite its polarizing nature, gambling remained so popular that there were even designated places where people could go to wager. They looked nothing like the casinos we frequent now, but you can picture people of the time throwing dice with the same excitement we do today.

Which casino games are the most popular in GREECE?

Popular gambling options include slot machines and table games such as roulette, blackjack, baccarat, and poker. Furthermore, horse racing is a hugely popular betting sport in GREECE.

Can I play in my home currency?

Most sites require you to play in different currencies, such as dollars or euros.

Regular Player Bonuses

  • Reload Bonuses — Reload bonuses are similar to sign-up offers in many ways. The main differentiator is that you can claim the former numerous times as they’re reserved for existing customers. Also, reload bonuses are substantially smaller.
  • Free Spins on Slots — The massive popularity of slots has led to many Greek online casinos offering free spins to both new and ongoing customers. They can be related to a specific slot release or a group of slots from a particular provider. Either way, free spins allow you to spin the reels of eligible slots without burning through your bankroll.
  • Loyalty Cashback — Some of the best online casinos offer their players loyalty cashback for lost deposits instead of regular welcome and reload deposit bonuses.

2.1. PayPal: Recommended Payment Method

All things considered, we strongly advise the use of eWallets as we firmly believe they contain the best and most secure features for making online payments. Apart from using the latest encryption technology, they also offer easier transaction management and make the process of viewing your payment history a lot simpler.

This is why we’d like to vouch for PayPal when it comes to making online payments to casinos in Greece. Not just because of its consistent reliability throughout our research but also due to its great deposit/withdrawal features to help you easily manage your transactions.

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Most of the top online Greek casinos that have we have recommended thus far accept PayPal. If you’re not sure yet it is the choice for you, other forms of secure eWallet or e-payment system will be accepted by many sites.

Land-Based Games

All operators running such games require licensing by the HGC. These games include bingo, casino, poker, lotteries, fantasy sports, and many others whose outcomes depend on chance. The statutory restrictions as to slot machines in land-based casinos stand at 25,000. It is important to note that there are no restrictions on games where success results from other factors such as points or virtual currencies. That leaves social gaming where no prizes or elements of chance are in play out of this category. Nevertheless, they also fall under the watch of the HGC.

That brings us to the definition of gambling under these new laws. The stipulations state that the result of the game must depend on luck for it to be a gamble, even to a small extent. Also, there must be a wager present, which depends on the result of the game.

For more information on Greece's gambling regulations and gambling in Greece, be sure to check out the latest laws on this. They are sure to wow both operators and consumers in the country.

Top Casino Game Providers in Greece

The HGC started the licence application process for operators and software vendors roughly a year before the new regulatory system rolled out. To date, the Commission has issued an A1 supplier licence to several providers, including Yggdrasil, Wazdan, Red Rake Gaming, Pragmatic Play, Playtech, Playson, Evolution Gaming, SoftGamings, Stakelogic, and BGaming. If you’re looking to play games from other studios, you’ll have to join a non-HGC licensed casino.

Other requirements for obtaining a license

  • operators registered outside Greece must have their servers located in Greece;
  • executive managers must not have a criminal record;
  • an applicant is required to pay €500,000 as a security deposit to any banking institution in Greece or the European Union.

Will More Countries Follow Greece’s Approach To Illegal Gambling?

Considering that this is still a pretty fresh thing, it’s still early to talk about the effects. Still, we can speculate about the implementation of this approach in other countries that have problems with illegal gambling.

This particularly refers to the EU countries, which have similar regulations that also keep local operators inferior compared to off-shore casinos.

For example, Germany has the same problem, as well as the Scandinavian countries, the Netherlands etc. We are pretty sure that their governments will also use this approach to address the problem, along with other methods.

Still, there is one thing that bothers us and it’s about the efficiency of the new website that’s launched in Greece.

Namely, we are pretty sure that this portal will remain more or less restricted to the gambling community, to the people that play online casino games.

So, we wonder if they are actually willing to report websites that offer better service and better playing experience.

Between defending the fiscal system of their country and defending their personal interest in getting the best possible experience, we are not sure if they will pick the former.

We can discuss ethical matters all day long, but when it comes to personal interests, things turn out to be a little bit different. In the end, time will tell about the efficiency of this website.

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