Winnings Taxation Policy

1. General Principles 

The taxation of net winnings varies according to the type of game of chance, as codified in Law 5219/2025 – “Property Taxation Code“ (Government Gazette A’ 130/18.07.2025), which was amended by Law 5313/2026 and is in force as of 26/06/2026. 

• Casino (per gaming session): The calculation is based on the total net winnings of the session, which is defined as the period from connection (log-in) to disconnection (log-out) (maximum duration 24 hours). 

In accordance with the general principles of tax legislation: 

The person subject to the tax on winnings from games of chance is the player who acquires the relevant income.  

The company provides information on specific tax brackets, in accordance with the tax-absorption mechanism applied by the company: 

A. It operates within the limits of the above legislative provisions; 

B. It does not alter the tax nature of the winnings nor the player’s status as the person subject to the tax. 

All references to tax rates, calculation brackets and withholding procedures are subject to any subsequent amendment of the tax or regulatory legislation, in which case this policy is automatically adjusted to the extent required for regulatory compliance. 

2. Taxation of Casino Games – per gaming session: 

This category includes all Casino games of chance whose outcome is produced using a random number generator (RNG), as well as Live Casino. 

Tax Brackets 

3. Calculation Examples 

The following examples are revised on the basis of the new brackets (20% / 30%) and reflect the withholding per gaming session. 

A)  The player has net winnings of €90 

• The net winnings are below €100; no tax is withheld (tax-free). 

Tax withheld: €0   |   Net amount paid to the player: €90 

B)  The player has net winnings of €400 

• The first €100 of the net winnings are tax-free. 

• On the next €300 (€100.01 – €400) a 20% tax applies = €60. 

Tax withheld: €60   |   Net amount paid to the player: €340 

C)  The player has net winnings of €700 

• The first €100 of the net winnings are tax-free. 

• On the next €400 (€100.01 – €500) a 20% tax applies = €80. 

• On the next €200 (€500.01 – €700) a 30% tax applies = €60. 

• Total tax: €80 + €60 = €140. 

Tax withheld: €140   |   Net amount paid to the player: €560 

Important Clarifications 

• Entry into force of the new rates: 26 June 2026. 

• A casino gaming session may not exceed 24 hours of continuous connection. 

• The clearing of a Bonus during a gaming session brings the relevant winnings under statutory taxation according to the above brackets. 

• Tax that is withheld is neither refunded nor offset against a subsequent gaming session. 

• The €100 tax-free threshold is granted separately per gaming session. 

Version 1.1 

Date: 29/06/2026