The Greek government is set to file its first lawsuit against unlicensed online gambling operators operating in the country. In the future, a lawsuit will also be filed against a well-known influencer who encourages hundreds of thousands of his followers on social networks to participate in illegal bets. As part of the lawsuits, representatives of illegal bookmakers will be held accountable for organizing and conducting gambling, as well as for tax evasion and money laundering.

The turnover of offshore operators in Greece is estimated at €1 billion
In 2023, the turnover of illegal bookmakers in Greece amounted to about €1 billion, according to a study by KAPA Research . The actual amount could be much higher since these illegal activities are nearly impossible to fully track. Through a global network of offshore companies based in tax havens and websites that continue to operate despite being blacklisted by the Hellenic Gaming Commission (EEEP), illegal online betting continues to thrive at the expense of tax revenues. and from licensed providers who have paid to obtain their permits.

Features of the Greek gambling market
Over the years, the Greek gambling market has experienced ups and downs, with online gambling experiencing negative impacts to a greater extent than other areas. Since Law No. 3037/2002 introduced a ban on all online gambling, online operators have operated in what can only be described as a gray market. Land-based casinos and sportsbooks, on the other hand, are still open for business and thriving. 

The Greek Organization of Football Prognosticators (OPAP) exercised exclusive control over sports betting, land-based slot machines and the national lottery through Laws 2206/1996 and 3139/2003, which limited gambling to nine licensed land-based casinos. The legalization of online gambling in Greece took place only in 2011, and now OPAP completely dominates this market segment. Even though this monopoly was declared illegal by the European Court, the company continues to lead the market.

Source