Gambling: Stakes total €8.7bn in first half

The gambling market is moving at different speeds, with online gaming maintaining its momentum. What Hellenic Gaming Commission data show about the trend in stakes and revenue in the first half of 2026.

Gambling: Stakes total €8.7bn in first half

This article is an AI translation of an original piece published in Greek. Read original

Total amounts wagered (Total Gaming Revenue – TGR) in gambling came to €8.7bn in the first half of 2026, up 10% on the same period in 2025, according to data from the Hellenic Gaming Commission (EEEP).

Behind the overall increase, however, trends varied across market segments: online gaming continued to gain momentum, casinos reported higher gross revenue despite lower stakes, and lotteries followed a downward trend.

Total gross gaming revenue (GGR) in the Greek gambling market came to €1.56bn in the first half of 2026, compared with €1.44bn in the same period in 2025, an increase of 8%.

How stakes are distributed

Most stakes are concentrated in online gaming and Allwyn’s land-based operations, with the two segments recording different rates of growth.

In particular, stakes at online companies came to €4.18bn, compared with €3.61bn in the same half of 2025, an increase of 15.8%.

Meanwhile, stakes in Allwyn’s land-based operations, which include betting shops and VLTs, amounted to €3.75bn, up from €3.51bn in the first half of 2025, an increase of 6.7%.

Casinos and lotteries

Casinos presented a different picture, with stakes at €611.1m, compared with €618.9m in the same half of 2025, a decline of 1.3%.

Despite the fall in stakes, however, casino gross gaming revenue (GGR) rose, reaching €132.1m, up from €128.1m in the first half of 2025, an increase of 3.1%.

By contrast, lotteries recorded declines in both measures. Stakes fell to €142.1m, from €152.3m in the same period in 2025, a drop of 6.7%. Gross revenue fell more sharply, to €44m from €52.6m, a decline of 16.4%.

How revenue is distributed

In terms of gross gaming revenue (GGR), Allwyn’s land-based operations came to €731.2m in the first half of 2026, up 2.6% on the same period in 2025.

Online companies, meanwhile, reported gross revenue of €647.2m, an increase of 18.7% year on year.

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