Gambling: Stakes rise 10.4% in first eight months

Double-digit growth in stakes and gross gaming revenue at online operators. Allwyn’s performance, casino growth and a decline in lotteries. State gaming fees total €484.5 million.

Gambling: Stakes rise 10.4% in first eight months

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

Stakes (Total Gaming Revenue – TGR) across gambling rose 10.4% in the first eight months of 2026, reaching €11.69 billion, up from €10.59 billion in the same period of 2025, according to data from the Hellenic Gaming Commission (HGC).

Online gambling recorded the strongest growth, both in stakes and gross gaming revenue. Casinos also saw an increase, while lotteries recorded declines in both measures.

Total gross gaming revenue (GGR) rose 4.2% to €2.06 billion, from €1.98 billion in the same eight-month period last year.

Online momentum

Stakes at online operators reached €5.65 billion, up from €4.82 billion in the same period of 2025, an increase of 17.4%. Gross gaming revenue rose 13.1% to €853.7 million, from €754.6 million in the same eight-month period last year.

Allwyn’s performance

At Allwyn’s land-based operations, which include retail outlets and VLTs, stakes totalled €4.98 billion, compared with €4.71 billion in January-August 2025, an increase of 5.6%.

Gross gaming revenue edged down 1.2% to €962.5 million, from €974 million in the same period last year.

Casinos and lotteries

Casinos recorded growth in both measures. Stakes reached €853.8 million, up from €845.8 million in the same eight-month period last year, an increase of 1%, while gross gaming revenue rose 3.7% to €182.6 million, from €176.1 million.

By contrast, lottery stakes fell to €186.9 million from €197.9 million, a decline of 5.5%. Gross gaming revenue fell further, dropping 16% to €58.3 million, from €69.4 million in the same eight-month period last year.

State gaming fees and player tax

State gaming fees totalled €484.5 million, up from €448.8 million in January-August 2025, an increase of 7.9%.

Online operators accounted for €298.8 million, up 13.1%, while fees from Allwyn’s land-based operations reached €127.5 million, an increase of 1.5%.

Total player tax rose 27.3% to €369.4 million, from €290.2 million in the same period last year.

Player tax at online operators amounted to €273.8 million, up 38.5%, while the figure for Allwyn’s land-based operations was €92 million, an increase of 3.5%.

 

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