General information, not financial, investment, legal, tax or betting advice · Prediction markets carry risk of loss · 18+ or the legal age in your region
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Legality by place

Are prediction markets legal in Greece, and where the line sits?

A plain, dated guide to prediction market legality in Greece: how the Hellenic Gaming Commission licenses online gambling, why prediction markets are not licensed as a category, and which regulated financial routes may exist. Information, not legal advice. As of June 2026.

By Morten AndersenFounder and editor · Two decades in advisory, hospitality and mediaEditorial review by Fredrik Filipsson · Last reviewed 21 June 2026

Last reviewed 21 June 2026 · Status as of June 2026 · Information, not legal advice

Headline status
Contested
Online gambling needs a Hellenic Gaming Commission licence. Prediction markets are not licensed as a category, so their status is contested.
Information, not advice. This page is general information, not financial, legal, tax, or betting advice. Prediction markets carry a real risk of loss. You must be 18+ or the legal age in your region.
Quick answer

As of June 2026, online gambling in Greece requires a licence from the Hellenic Gaming Commission, and prediction markets have not been licensed as a separate category there. Polymarket was reachable from Greece and not blocked at the time of writing, but reachability is not the same as legality, and the European trend has been to treat unlicensed prediction markets as gambling. Some event or forecast contracts may be available to Greek residents as regulated financial products through a licensed broker, so confirm the status and your eligibility before acting.

How the rules fit together

A licensing regime, and an open question.

01
Licensing under the Hellenic Gaming Commission
Online gambling in Greece requires a licence from the Hellenic Gaming Commission. In 2026 the commission was given enhanced powers to request the removal or blocking of content linked to illegal gambling, and added staff focused on digital monitoring.
02
A possible financial route
Some event or forecast contracts may reach Greek residents as regulated financial products through a licensed European broker, for example the ForecastEx forecast contracts offered through Interactive Brokers, subject to eligibility. This route is distinct from an unlicensed gambling site.
03
A contested classification
Prediction markets have not been licensed by the Hellenic Gaming Commission as a category, and the European trend has been to treat unlicensed prediction markets as gambling. The status is therefore contested rather than settled.
What the law actually says

Reachable, but not clearly licensed.

Greece runs a licensing system for online gambling under the Hellenic Gaming Commission, and operators that want to offer betting to residents are expected to hold a licence. Prediction markets have not been brought inside that system as a named category, which leaves their treatment unsettled. A crypto funded site such as Polymarket was reachable from Greece at the time of writing, but the commission has gained powers to block content linked to illegal gambling, so reachability today is not a guarantee for tomorrow.

There is a separate, cleaner path. Event or forecast contracts that are offered as regulated financial products through a licensed European broker, such as the ForecastEx forecast contracts available through Interactive Brokers, sit under financial rules rather than the gambling regime. Availability depends on the broker and on your eligibility, so this should be confirmed directly rather than assumed.

Because the classification is contested and the rules are developing, treat the status here as a dated snapshot and confirm with the Hellenic Gaming Commission and any broker before relying on it.

Available to residents

What a Greece reader can use

ForecastExRegulated route

Forecast contracts may be available to Greek residents as a regulated financial product through Interactive Brokers, subject to eligibility. Confirm the product and your eligibility on the platform before opening an account.

Manifold MarketsPlay money

Runs on play money rather than cash, so it sits outside gambling rules and is reachable worldwide. Useful for learning the mechanics without financial risk.

MetaculusNo stakes

A forecasting community with no money at stake, scored on accuracy rather than payouts. Available worldwide as a research and reputation tool.

Restricted or contested

The compliant note

PolymarketContested

Reachable from Greece at the time of writing but not licensed by the Hellenic Gaming Commission, and the European trend treats unlicensed prediction markets as gambling. We mark access as contested and do not link to an account.

KalshiNot available

A United States exchange regulated by the Commodity Futures Trading Commission. It is not open to residents of this country, and we do not link to an account here.

FutuurRestricted

A crypto funded venue whose real money product is limited by jurisdiction. Treat access as restricted and unconfirmed for residents here unless the platform states otherwise.

Availability is indicative and as of June 2026. We link to a platform only where it is genuinely available to a Greece reader, and we mark contested positions as contested. Reachability is not the same as legality.

A reminder

A contract price is an implied probability, not a prediction. In an exchange model there is no house, only other participants, and the price moves as they trade.

Whether a market is legal where you live tells you nothing about whether it is a wise place to put money. Read our guide to how the prices work before you treat any number as a forecast.

A note on risk,

Legal does not mean low risk. Prediction markets can lose you money. Stake only what you can afford to lose, never to chase a loss, and never on borrowed money. If it stops feeling like a free choice, step back and seek support, such as a national problem gambling helpline in your country.

Common questions

Greece legality, answered plainly.

Are prediction markets legal in Greece?

As of June 2026, online gambling needs a Hellenic Gaming Commission licence, and prediction markets are not licensed as a category, so their status is contested. Some event or forecast contracts may reach residents as regulated financial products through a licensed broker. This is general information, not legal advice.

Who regulates prediction markets in Greece?

Gambling is regulated by the Hellenic Gaming Commission, which licenses online operators and, since 2026, can request the blocking of content linked to illegal gambling. Financial products are overseen under European and Greek financial rules, which is a separate route from the gambling regime.

Is Polymarket legal in Greece?

It is contested. The site was reachable at the time of writing, but it is not licensed by the Hellenic Gaming Commission, and the European trend treats unlicensed prediction markets as gambling. We mark access as contested rather than giving a definitive answer.

Can Greek residents trade event contracts as a financial product?

Possibly. Some event or forecast contracts may be available through a licensed European broker, such as the ForecastEx forecast contracts offered through Interactive Brokers, subject to eligibility. Confirm the product and your eligibility on the platform before acting.

Could access to prediction markets be blocked in Greece?

Yes. The Hellenic Gaming Commission gained powers in 2026 to request the removal or blocking of content linked to illegal gambling, so a site reachable today could be blocked later. Treat the status as a dated snapshot and confirm before relying on it.

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Sources and where to check in Greece

The position above rests on the rules below as we read them. They change, so verify the current rules and your own eligibility before you act.

Status as of June 2026. General information, not legal advice.