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The market in numbers

The Hellenic Gaming Commission's (HGC) yearly figures for all licensed operators, in charts. The HGC publishes no quarterly figures: every number here comes from that year's annual report, with its PDF page.

Latest report: 2025 · HGC report (PDF) ↗

In 2025 online fixed-odds betting kept gross gaming revenue of €479.5m, out of €3,073m in total for the whole gambling market. State revenue from gambling was €1,169m, and the HGC blacklist listed 12,642 websites at the end of the year. Online betting GGR was 2.0% higher than in 2024.

ONLINE BETTING · GGR 2025€479.5m€479,517,953 · fixed odds, real and virtual eventsWHOLE MARKET · GGR€3,073mAll gambling, land-based and onlineSTATE REVENUE€1,169mFrom gambling, all operatorsBLACKLIST12,642Listed websites at the end of the year

Online betting gross gaming revenue per year

€ million · from each year's annual report
Each bar links to the PDF page we read the figure on. Dashed bar: that year's report doesn't give the figure separately.
The same figures as a table
Gross gaming revenue per year, € million
YEARONLINE BETTINGTOTAL GGR
2020–1623.7
2021397.81857.2
2022369.02344.8
2023386.02592.5
2024470.12878.8
2025479.53073.0

What online betting kept from every €100

Gross gaming revenue ÷ stakes, for the years the HGC published both. Our calculation.
20216.75%: of every €100 staked, €6.75 stayed with the operators and €93.25 went back to players
Έκθεση Πεπραγμένων 2021, p. 29 ↗ · 397.813.100 ÷ 5.889.794.731
20225.66%: of every €100 staked, €5.66 stayed with the operators and €94.34 went back to players
Έκθεση Πεπραγμένων 2022, p. 27 ↗ · 369.030.170 ÷ 6.521.254.533
20235.00%: of every €100 staked, €5.00 stayed with the operators and €95.00 went back to players
Έκθεση Πεπραγμένων 2023, p. 34 ↗ · 385.978.335 ÷ 7.722.529.665

An average over all licensed operators for the whole year. It is not any one company's or match's margin, and it says nothing about the result of a bet.

Work out the margin of one match →

The blacklist keeps growing

The blacklist →
  • 2020: 2,387
  • 2021: 2,538
  • 2022: 4,416
  • 2023: 6,932
  • 2024: 9,594
  • 2025: 12,642
Total number of websites on the HGC list of unlicensed operators, as given in each year's report.

Every year

YEARONLINE BETTINGSTAKESRETAIL BETTINGTOTAL GGRSTATE REVENUEBLACKLISTSOURCE
2025€479.5m–€414.2m€3,073m€1,169m12,642PDF ↗
2024€470.1m––€2,879m€1,051m9,594PDF ↗
2023€386.0m€7,722.5m€367.0m€2,592m€905m6,932PDF ↗
2022€369.0m€6,521.3m€349.6m€2,345m€749m4,416PDF ↗
2021€397.8m€5,889.8m€267.0m€1,857m€559m2,538PDF ↗
2020––€252.7m€1,624m€629m2,387PDF ↗

Figures are as printed in each year's report. Later reports sometimes restate earlier years slightly; we keep the first publication. The 2025 report gives the whole-market total rounded to € million.

Download the data (CSV) →One figure per row, with the report's label, the PDF page and the date checked.

Source: Hellenic Gaming Commission (ΕΕΕΠ), annual reports 2020–2025 · checked 12/10/2026. hgc.gov.gr ↗