State earns €1 bln from gambling in 2025
Summary
The Greek state is experiencing significant revenue growth from the gambling industry, exceeding €1 billion in 2024 and projected to continue rising in 2025. This income stems from royalties paid by providers (€644.8 million) and taxes on player winnings (€398 million). The government recently increased taxes on online casino game winnings to secure an additional €50 million this year and €100 million annually thereafter, due to the explosive growth in this sector. While revenue is increasing, the article highlights that players are ultimately the losers, and the issue of gambling addiction remains a serious concern. Total bets in 2025 reached €16.7 billion, a 6.7% increase from 2024, with OPAP and online companies accounting for the largest share of net income.
(Source:Ekathimerini.com)