Greece may not be the most populous nation in Europe, but it has one of the greatest gaming industries. While there was formerly a monopoly, it is now becoming more open, allowing for the entry of new operators.
Greece changed course in 2011 and started providing interim iGaming licenses.
According to the gambling regulation, 24 companies have already been granted licenses to offer their platforms in Greece. Two additional companies will be joining that group in 2023, increasing the total. In an effort to combat organized crime, Greece outlawed all kinds of online gambling in 2002, but subsequent economic hardship compelled it to change its mind.
The legal segment will be able to expand while the black market segment continues to experience difficulties. Through a collaboration with BetShop, Stakelogic entered Greece in the end of 2022, and the market will significantly mature by 2023.
