Best New Casinos in Greece: Top 10 Casino Websites 2023

New casinos in Greece

The importance of Greece’s gambling landscape is measured not just in numbers. Its social significance is a major factor in how the country regulates new online casinos, which are an important aspect of the country’s economy.

New casinos must apply for and receive a license to begin providing casino products and services to Greek citizens. As the country develops its online infrastructure, Greece is expanding opportunities for its residents to participate in online activities and business opportunities, including casino operation and gambling participation. With legal gambling revenues in Greece at more than $5 billion and illegal gambling revenues estimated to reach $3 billion, casino regulation is vital to increasing tax revenue dollars. More than 8 million citizens of Greece access the internet.

With the country looking to enable digital commerce throughout the region, casino regulators appear vital to Greece economic growth. With millions of Greek consumers betting online via the internet, citizens reach casinos wherever they are via mobile devices and personal computers.

Using innovative software and technology, new online casino platforms reach Greek players with the speed of the internet and accuracy of digital communication. As a result, a Greek citizen may view a pop-up ad on a mobile phone and begin wagering online in a matter of minutes. The simplicity of access to wagering benefits the country’s economy.

History of gambling in Greece

On July 5th of 2020, Greece’s HGC issued 15 temporary gambling licenses for online operators. Since internet gambling reached €540 million in 2020, government regulators have instituted regulations with strict requirements for online operators with licenses.

After banning all gambling in 2002, the government administrators backtracked in 2011 to issue temporary licenses. After 10 years, the state-run commission issued licenses to online operators to enhance the Greek gaming industry.

State monopoly

Organized crime served as the basis for the government to totally ban gambling in 2002. Corruption existed to the extent that authorities even banned all online video games, even chess. These measures drew a response from the European Commission, which decided to refer the country for review by the Court of Justice. After the economic crisis of 2008, Greece grappled with steep economic decline and sought to access revenue from gambling to offset financial troubles.

By 2011, lawmakers repealed the gambling ban and began issuing licenses to reputable operators. Critics equated casino licensing with state-run monopoly, as the state group OPAP dominated gambling in the market. Facing legal challenges from domestic casinos, international sportsbooks, and the European Union, Greece defended its casino structure. Despite the country’s assertions that the monopoly was an essential component to fighting corruption, the Court of Justice ruled the monopoly illegal in 2013.

Future of new casinos in Greece

The digital footprint in Greece continues to expand, as the country invests in enhancing its online infrastructure. By expanding broadband technology and internet access for citizens, the country has committed to steadily increasing digital opportunities in every area. Online casino revenue makes up a substantial portion of the country’s revenue. Therefore, the country is likely to continue significant investments in technology, regulations, and oversight to expand access for daily internet users who enjoy online gambling entertainment.

According to industry experts, the expansive growth of Greece’s casino market is sparked by both consumer interest and government investment in the market. For new casinos online, penetrating the market is possible by providing innovative gaming and digital products to attract new clientele.

As one of the most expansive areas of the casino industry, esports attracts young and seasoned bettors who wager on regional and international competitions. The international growth is sure to impact new online casinos in Greece to offer esports betting options.

Casino games

Slot machines continue to dominate brand new casino sites. With new casino welcome bonuses and free spins, online casinos attract new players daily. Slots offer players a simple and fun casino experience. The spin and win concepts involve minimal effort for a possible maximum reward.

As a popular card game online, Blackjack draws a variety of players who may experience various renditions of the game in a digital environment. The easy-to-understand concept allows for easy going play with a live online dealer or via digital software game.

Sportsbooks

Sportsbook popularity is continuing to grow in Greece. Online casinos in the region often offer a mix of both casino games and online sports betting action. Digital access to wager on popular sports tournaments, games, and matches is one reason for the increase in sports betting at new casino sites. Even sports betting is regulated by the HCG, which oversees all aspects of legal wagering in the country.

Are casinos legal in Greece?

Due to extensive corruption, Greece banned all gambling forms in 2002. However, the country repealed the ban in 2011. In 2021, the region’s regulatory group, HGC issued fifteen permanent casino licenses. To retain a casino license, a casino operator must exhibit operational integrity and adhere to the country’s requirements.

Since legalizing gambling again, Greece has gone through a myriad of legal challenges to its efforts to reign in illegal gambling and corruption. Operators challenged initial laws, which, critics say, created a state-run monopoly. The EU Court of Justice agreed, causing Greece to revamp its policies and issue licenses under the new regulations.

Still strictly monitored by HGC, Greece’s online casino landscape aligns with rules from other countries. Operators pay taxes, promote responsible gambling, and must operate with transparency. HGC monitors each licensed casino to ensure adherence to the country’s regulations. Licensing is required for casinos who seek to offer casino products to Greek citizens to protect online consumers and ensure the payment of tax obligations.

Greek players’ favorite games

Developers are creating unique software for new online casinos to provide entertaining digital gambling options for Greek citizens. In fact, innovative technology integrates gaming with bonuses, multipliers, and other rewards to elevate the online casino experience.

Online bingo

Bingo has come a long way since its beginnings at local community halls in the neighborhood. Digital bingo offers a more exciting experience, which includes up to 90 balls, multiple tickets, and a unique experience. Players may enjoy rewards, multipliers, free spins, and bonuses. With innovative designs and creative player engagement, online betting sites are taking the Bingo experience to the next level.

Sports betting

Since sports betting is a fast-growing market, new online casinos are attracting fans by offering digital sportsbooks. While some gamblers still travel to the local betting hall to wager on horse racing and other sports games, online casinos offer the convenience of betting on sports from home. With the advent of mobile technology, sports fans may wager on the go. In fact, millions of smart phone users access online casinos every year to wager on sports. Thousands of sports competitions occur every month. Online sportsbooks in Greece offer access to various betting options.

Thousands of live sporting events occur in different areas around the globe every month. For most sports enthusiasts, watching the game is sufficient. However, wagering elevates the game’s excitement for super fans who want to pick the winner in advance. Choosing the winner is only one way to wager. Bettors may place a wager on the performance of a specific player, the point spread, or which team scores first.

Slots online

With a long casino history, slots is the most popular classic casino game. However, modern versions have taken slot machines to the next level. Cutting-edge software introduces consumers to animation, music, and new ways to enjoy an old favorite. By simply depositing money into an online account or utilizing a welcome bonus, a player may spin it and take a chance at winning. For those who don’t win, slot games offer a variety of promotions to ensure play is interesting and fun.

With both classic and modern slot games available at online casinos, Greek citizens may wager for a minimal cost for a chance to win a jackpot up to 50 thousand euros.

Even for those who don’t hit the jackpot, online casinos offer in-game rewards in digital slot software. By integrating bonuses in slot gameplay, the casino incentivizes play and helps build a good relationship with the player.

Popular bonuses at new casinos in Greece

A welcome bonus is an incentive that a new online casino uses to attract a new gamer. Usually, the casino matches the player’s deposit up to a specific amount. Although players may receive as much as $2000 in welcome bonus money, bonuses often require a bettor to wager from 1x to 40x the bonus amount.

Understanding welcome bonus terms and conditions is essential to claiming the bonus. At the very least, players may learn how a new casino operates by using bonus funds instead of personal funds to wager.

Follow this link to learn more about new casino bonuses.

Casino payment methods in Greece

With a variety of online payment methods, transferring money online is simple. New online casinos partner with top-tier payment platforms, such as MasterCard, Bitcoin, and Skrill to facilitate fast and accurate payment transfers. Transfers from digital wallets, such as PayPal or Neteller, are usually instant.

However, timeframes for depositing or withdrawing funds depend on the region and the payment provider terms. Whether using credit cards, cryptocurrency, digital wallets, or bank transfers, new online casino gamers enjoy a secure transfer experience.

Languages at Greece's new casinos

Whether based in Greece or offering casino products across the globe, new online casinos cater to customers in each specific location. In Greece, Greek is the dominant language. However, other languages, including Turkish, Albanian, or Macedonian are also popular. In providing services to the region, new casinos will do all what is necessary to make customers feel welcome, including providing access to languages of choice.

How we select the top new casinos in Greece

Top casinos offer Greek citizens best practices in the overall casino experience. Innovative technology is one aspect, which determines how well a player enjoys the website.

Secure online access is high on the list for reviewers who want to ensure that a new online casino offers players a safe entertainment experience.

Trusted payment providers ensure seamless monetary transfers for withdrawals and deposits. However, operational integrity is a primary factor in determining whether a new casino is worthy of listing as one of the best available in Greece.

Top-rated New gambling sites in Greece