High taxes on gambling wins in Greece
Gambling is booming across Europe. Increasingly, governments are intervening. We also know from Germany that players will have to expect lower payout rates in the future because German operators will have to pay a bet tax. In Greece, another system was agreed: Gambling wins are tax-free only up to 100 Euros. Afterwards, an ordinary percentage must be denied to the state.
Taxation in Greece at a glance
The new regulation has been in place in Greece since July 2021. It refers to both classic gambling like slot machines and Sports betting. Looking now at the period January to May of this year, the country can be pleased with high tax income: More than $56 million in taxes were collected from gambling. Compared to the previous year, this results in an increase of 127.9%.
If one wins up to EUR 100 in Greece, no duties have to be paid. For profits up to EUR 500, it is already 15% that the state collects. The duties for profits from EUR 500 will be even higher: Here, gamblers pay a staggering 20% to the state.
This makes Greece unique in Europe. In most countries, there are no high player taxes. Germany has had a gaming tax of 5.3% since last year, which is levied on poker and slot machines. But this is to be paid by the site operators, not by the players. While the cost is passed on to the players and the payout rates in the games are reduced, players do not have to pay attention to anything else. In addition, the tax is far less than the high amount that has to be paid in Greece.
Gambling operators in Greece are dissatisfied
It’s not surprising that tax revenues have skyrocketed. Gambling is popular everywhere, especially since the coronavirus pandemic, more and more players have made their way into Online game pharmacies found. Even on your phone, thousands of gambling games can be swallowed easily.
Greece is certainly very satisfied with the increased revenue. The operators of game halls, on the other hand, are not happy at all about the developments. Because players have to pay more taxes, of course they have less money for bets – which reduces revenue for operators. In addition, there is a problem that we also observe in Germany: Players prefer to use foreign-licensed game pages where no bet tax is payable. German players also prefer to search for international providers where they can find more games and play with higher limits than on German sites. There is a risk of gluing an illegal vendor. 
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Translation
Von Plattformen ohne Lizenz sollten Sie Abstand nehmen und sich nur auf geprüfte und sichere Anbieter verlassen, wie Sie sie zum Beispiel hier bei uns finden.
Staatliche Regelungen bringen individuelle Vor- und Nachteile mit sich
Während Großbritannien sehr streng gegen illegale Anbieter vorgeht und strenge Spielerschutzvorgaben macht, gelten in anderen Ländern der EU wieder andere Regeln. Auf dem internationalen Glücksspielmarkt können sich Regierungen einiges abschauen und ihre eigene Strategie entwickeln. Für Deutschland werden wir künftig sicher keine so hohe Steuer wie in Griechenland vorfinden. Dass man in Sachen Spielerschutz noch strenger wird, ist dagegen nicht unwahrscheinlich. Wir sind gespannt, wie es auf dem deutschen und europäischen Markt weitergeht.