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Tether in Greek Casinos
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This page is for players in Greece who want to use Tether (USDT), a US dollar-pegged stablecoin, at online casinos. Online casinos in Greece have been licensed by the Hellenic Gaming Commission (HGC) since 2021, and unlicensed sites can be blacklisted. Tether is a cryptocurrency, so check that your chosen licensed casino accepts it. Below we explain how Tether works and how to deposit and withdraw with it.
Online Gambling Regulation in Greece
The online gambling market might be thriving in Greece at the moment, but that was not always the case. In fact, in 2002, all forms of online gambling and gaming were banned. Its residents were not allowed to gamble online, nor were they allowed to play video gaming consoles like Nintendo or PlayStation. There was a general ban that confused many, and it was not until practically a decade later that the country decided to clarify things. That's when Greece put in charge one single operator to run the online gambling industry, OPAL, legalizing horse racing betting, VLTs, lottery, and sportsbetting.
But, since Greece is part of the EU, it could not keep the monopolized market for long. In fact, as soon as the EU found out about its new legislation, it had to intervene, in order to maintain fair trade and competition within the Union. And even though Greece fought back, saying that it had to do what it had to do in order to offer a safe online gambling environment for its citizens. Nevertheless, the country was forced to reconsider its legislation and introduced a new legal framework that would allow operators from other EU countries to be able to apply for a license to operate on the market and get one, if eligible to get one.
That’s why Greece began accepting online licence applications in 2020 and issued its first licences in July 2021. The Hellenic Gaming Commission (EEEP) was formed to grant licenses and oversee operators that have been eligible to cater to Greek players. A great number of operators and gaming software developers that were already catering to other EU markets applied for a license in order to strengthen Greek footing, therefore, Greek players were given a lot of choices of sites and games to try out legally and enjoy a perfectly safe online gambling environment.
Greek players have also visited unlicensed offshore online casinos. The authorities blacklist unlicensed gambling sites, and at one point over 2,000 domains were on the list. Blocked sites can reappear, so a site being reachable does not mean it is licensed.
The licensed operators are the sites you can use legally in Greece. When choosing one, check that it holds an HGC licence, and look at the games it offers from providers such as Games Global, Relax Gaming, Yggdrasil and Evolution, and at its payment methods.
Look at the payment methods page of any licensed casino you are considering. Some casinos accept cryptocurrencies, and if you want to use a stablecoin, check that Tether is listed. It is a stablecoin that links fiat money and digital currencies. A payment method never replaces a licence check.
Tether (USDT) is tied to the US dollar, which is why some Greek players use it at online casinos that accept Greek players. Its euro-backed version, EURT, has been discontinued. If you want to learn more, the next section explains how it works.
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Casinos for Players from Greece that Offer Tether
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Tether launched its USDT token in 2014, a few years after Bitcoin. Tether announced a digital asset service provider licence in El Salvador in January 2025 and said it was moving its headquarters there.
USDT is designed to track the US dollar at 1-to-1, so it is meant to avoid the price swings of Bitcoin, although the peg is a design goal and not a guarantee. Tether has announced the end of support for older networks such as Omni (crypto.news); USDT now mainly runs on networks such as Tron and Ethereum. Tether also issued EURT, a euro-backed version, but announced in November 2024 that it was ending it, with redemption closing on 27 November 2025 (The Block).
The deadline to redeem EURT was 27 November 2025, so for casino payments you will be using USDT. If you are new to all of this, the steps below explain how it works.
Tether does not run an ordinary bank-style account for casino players. Most people buy USDT at a crypto exchange with a card or bank transfer, then keep it there or send it to their own wallet. Exchanges apply identity checks and charge their own fees. You can then send USDT to a casino's deposit address if the casino accepts it. The next section shows how.
Depositing and Withdrawing with Tether
Whether a licensed Greek casino accepts Tether varies, so check the cashier before you register. After you pick a casino, register an account by providing the required personal details, then deposit as follows.
As soon as you do, register an account with your chosen casino, by providing the required personal details. From here, to make a deposit with Tether, go through the following simple steps:
The steps to make a withdrawal with it are pretty much the same, so let’s go over them together. The first thing to do is look for the solution in the Withdrawals section on the Banking page, of course.
To withdraw, choose Tether in the Withdrawals section of the Banking page, enter your own wallet address, choose the matching network, set the amount and confirm. The casino reviews your request, which can take up to 48 hours depending on its policy. After approval, the transfer arrives when the network confirms it.
Conclusion
Tether is a stablecoin that some licensed Greek casinos may accept. Before you use it, check the casino's HGC licence, that Tether is in the cashier, the networks supported, and the network and exchange fees.
FAQs
Are online casinos legal in Greece?
Yes, but only those licensed by the Hellenic Gaming Commission under Law 4635/2019. Unlicensed sites are on a blacklist and may be blocked.
Can I use Tether at licensed Greek casinos?
Only where the casino lists it in the cashier. Acceptance varies, so check before you register.
Are there fees for sending USDT?
Tether does not set a fee for the transfer. Blockchain network fees vary by chain, and exchanges and casinos may charge their own fees.
What happens if I send USDT on the wrong network?
The funds can be lost for good. Check that the network matches the receiving address, and send a small test amount first.
Other ways to pay in Greece
We also review these payment methods for players in Greece: Paysafecard and Skrill.