Online gambling sector in Greece brings record profits of €356 million

Greece online gambling market continues to grow into the last month, netting gross revenues nearly a third higher then those of whole year before.

Gross gaming revenue hit a peak of €356m (£312.6m; $404.3m), a 30% increase year on year. Among them, the 15 registered online gambling companies also earned bigger profits, up €125m (£109.7m; $142.3m) over the same period in 2017.

Gambling Malta leads the pack with total gross profits of €145.4 million, an increase from the €136.2 million in 2017. In the second place is B2BGamingServices, which manages Bet365 in Greece, with €135.2 million, a substantial increase from its profit of €109.6 million in full 2017.

Revenues between January and June 2018 reached nearly €183m (£160.7m; $208.4m). For the following five months, revenues hit €173.2m (£152.1m; $197.3m). The FIFA World Cup ran for a month between mid-June and mid-July, but the figures suggest bettors lost none of their enthusiasm for a wager following the tournament’s conclusion.

Check Also

Norwich City FC BetWright

Norwich City FC Renews BetWright Deal

BetWright has renewed its partnership with Norwich City FC, continuing as the club’s Principal Partner …

PlayEola LuckyStreak LuckyConnect

PlayEola Joins LuckyStreak’s LuckyConnect

LuckyStreak has partnered with PlayEola, an AI-driven game studio established in 2025, to include its …