Online Casinos Greece

Best 3 Greek casinos reviewed

Here are the top online casinos in Greece. They are legal, have modern games and locally available payment methods, and have amazing bonuses.

Greek casinos by type

We’ve reviewed hundreds of online casinos in Greece, and we can tell you for sure that no two gambling sites are the same. Each has its distinct strengths and weaknesses. With that in mind, we’ve filtered the casinos and classified them as follows:

Popular payment methods in Greek casinos

Besides having fun, most people gamble for money. That’s not a problem as long as you do so responsibly. But to play for real money, you need to make a deposit first. That’s where payment methods come in.

In Greek online casinos, there are various banking options to use. There are credit/debit cards, e-wallets and crypto-currencies. Some even support prepaid cards. Among them, the most popular ones are:

Neteller

Operating under Paysafe Group, Neteller is a 1999-founded banking option. Coming from a reputable company with all its years of experience, you can be sure of fast and safe transactions.

The best part is Neteller comes with a mobile app. So, you can make deposits and cash out your winnings on the go. It also supports the Euro alongside other currencies.

The company behind the e-wallet has collaborated with some of the top identification verification systems. This guarantees that you receive the highest fraud prevention and online payment security available.

When it comes to speed, this banking method is among the best options. You can be sure of under-one-hour withdrawals and instant deposits.

PayPal

In 1998, San Jose, California, became the home of PayPal. This e-wallet is among the safest and easiest ways to pay and get your casino winnings. The payment method boasts over 20 awards under its belt.

Among them is the Webby Award for Best Financial Services Website from 2006. The same year, it won the Webby People's Voice Award for Best Financial Services. Globally, PayPal is now regarded as the leader in online payment services.

Over 325 million customers globally use this banking option, some of which are gamblers in Greece. PayPal also supports over 25 currencies, including the Euro. Deposits are instant, while withdrawals take up to 24 hours.

Binance Coin

Not all countries accept cryptocurrencies. However, digital coins are legal in Greece. One of the most popular virtual coins in the country is Binance Coin (BNB). Notably, the Ethereum blockchain was used to create the coin initially. Then, when the Binance decentralized exchange debuted in 2017, BNB moved to its parent network.

Whenever you talk about this payment option, you have to mention the Binance Cryptocurrency Exchange. Simply put, Binance Exchange is a crypto platform that allows crypto-to-crypto trading. It’s popular in Greece, explaining why many casinos accept payments in BNB.

Withdrawing your casino winnings with this coin takes less than an hour. Furthermore, the payment method uses Threshold Signature Schemes (TSS). This makes it one of the safest cryptocurrencies.

Skrill

With over 40 million global users, Skrill is among the most popular casino banking options in Greece. This payment method debuted in 2001 and operates under the Paysafe Group.

Getting started is a breeze. The registration process takes about 30 seconds to complete. As for payment speed, Skrill processes casino transactions quickly. You should expect withdrawals to reflect in under 24 hours. Deposits, on the other hand, are instant.

To top it off, this banking method comes with a user-friendly mobile application. So, you can deposit and cash out at any time, anywhere.

Most popular slots in Greece

Whether it’s for fun or making money, online slots are played by millions of players globally. In Greece, many gamblers tend to prefer the following popular slot games:

Gambling regulations in Greece

For more than 50 years, the Greek government held a monopoly over the nation's gaming business. It all began with the debut of the Greek Organization of Football Prognostics (OPAP) in 1958.

Afterwards, the popularity of online gambling rose at the beginning of the twenty-first century. Greece outlawed these practices completely to combat organized crime and harm from gaming.

In the aftermath of the global financial crisis of 2008, the Greek government lifted the gambling ban. It then sold the last of its OPAP shares. The business went private but continued to have a monopoly over local online gambling.

Greece eventually loosened and re-regulated its market after utmost pressure from the European Union (EU). This allowed for international competition in the nation in 2019.

The Hellenic Gaming Commission regulates gambling in Greece. It debuted in 2004 but started issuing licenses in 2021. Thanks to this gambling commission, Greek players can now legally and safely access a long range of online products. This includes sports betting and online casino games.

Gambling laws in Greece

The major law that governs the entire Greek gambling industry is Law 4002/2011. It contains several guidelines for players and casino operators.

Let’s take Article 32 of Law 4002/2011 as an example. Here are some of the guidelines outlined therein:

• Only people aged above 21 years can participate in gambling.
• The maximum bet amount for gaming machines is €2.
• Operators shouldn’t conduct games of chance on credit. Also, they shouldn’t provide discounts on games of chance.
• Casino employers and employees shouldn’t participate in games of chance they conduct.
• Players shouldn’t use other people or entities to place bets on their behalf.

Here are other articles within the law and what they entail:

• Article 33 – Player Protection
• Article 35 – Commercial Communication
• Article 36 – Mandatory Labelling and Signs
• Article 39 – Licensing of Games of Chance
• Article 41 – Gaming Machines Specifications

Gambling market stats

If you are curious about how large the Greek gambling market is, take a few moments to check the infographic bellow.

Greek-specific online casino regulations

Law 4002/2011 is clear as a bell on how online casinos in Greece should operate. According to the law, not just any operator can bid for an online games tender. Only companies with at least €200,000 paid-in capital can participate.

What’s more, it’s only the Minister of Finance who can announce licenses on online chance-based games. The highest bidder will then receive licenses following an international tender.

The licenses for online games of chance only last for 5 years. These games must also include the terms and conditions governing their activities.

Not only that, the law also touches on domain names of online websites. All Greek-licensed gaming websites must have a domain that ends in .gr.

Notably, players should make payments exclusively to the online site they’re playing. Third parties shouldn’t intervene in any way. The only exemptions are legit Greek or other legal EU-established financial institutions.

Responsible gambling in Greece

According to Law 4002/2011, all online casinos legal in Greece must have a responsible gaming page. Operators should make it essential for Greek consumers to set limits for their gaming sessions. These include time, money loss, and deposit limitations.

Without setting the said limits in advance, players cannot do anything with their accounts. For example, as a player, you can’t place bets, play games, or make transactions.

When you reach 80% of your limits, a Greek-licensed casino must notify you. When you reach 100% of your restrictions, the system automatically signs you out.

You can’t place wagers or even request refunds when signed out. You’ll have to wait until your daily/weekly/monthly limit has passed.

The maximum number of consecutive hours that a game session can last is 24. That means you can’t play for 24 hours continuously. As per the law, gaming operators should allow you to set the 24-hour restriction. It could be temporary or permanent.

When you request self-exclusion, your name automatically goes to the HGC Record of Excluded Persons. Your name will stay on the record book until the exclusion period is over.

The law also requires Greek-licensed gambling sites to thoroughly vet new customers. They shouldn’t accept players whose names are on the HGC Record of Excluded Persons.

Land-based casinos in Greece

There are 8 brick-and-mortar casinos in Greece. The table & infographic below summarizes the country’s physical casinos:

Most land-based casinos in Greece operate 24/7. To enter, you must be at least 21 years old. So, always have your national ID at hand.

Curious facts

• According to legends, the Greek god brothers, Poseidon, Zeus, and Hades, gambled. They played dice when splitting the universe into the underworld, sea, and earth.
• Homer, an ancient Greek poet of the 8th century, supported gambling.
• Once you sign up at any online casino licensed in Greece, you must set the required limits. You can even play without doing so.