Player withholding tax explanation (Greece)

What is Player Withholding Tax (PWT) in Greece?

Player Withholding Tax (PWT) is a tax that Greek gaming law applies to certain gaming profits.

PWT is deducted from eligible profits that exceed €100 in

  • Poker
  • Casino

 

How is Player Withholding Tax (PWT) calculated?

PWT is calculated based on the

  • Type of game
  • Profit you earn

Greek gaming regulations define the calculation method.

 

Cash games and Casino games

Your profit is calculated over each 24-hour gaming session.

PWT is only deducted from any profit above €100 earned during that session for

  • Cash games
  • Casino games

If gaming activity continues when a session ends, that activity is included in the next session's calculation.

 

Tournaments and Sit & Go's

Profit is calculated on each individual tournament.

  1. The buy-in is subtracted from any prizes you win
  2. PWT is then deducted

This calculation is done

  • when you leave the tournament, or:
  • when the tournament ends.

 

How are bounty prizes taxed?

Bounty prizes are also subject to tax.

They are included in the daily profit calculation, not the tournament profit calculation.

 

How is profit calculated in cash games?

Your bets are subtracted from your winnings during the gaming session.

Chips that remain in play when the session ends are not included.

 

How is profit calculated in tournaments and Sit & Go tournaments?

We subtract the buy-in from the prizes you win in each tournament.

 

How is profit calculated in Casino games?

Your total bets are subtracted from your winning bets during the gaming session.

 

What PWT rates in Greece apply to gaming profits?

The following tax rates apply from July 1, 2026:
 
Profit PWT Rate
€100 or less 0%
€100.01 to €500 20%
More than €500 30%

 

How are profits in other currencies handled?

Profits are converted from other currencies to euros.

The applicable daily exchange rate is used before calculating Greek PWT.

 

Does my account balance affect PWT?

No. PWT is calculated using the profits you earn through gameplay.

The following are excluded:

  • Account balances
  • Deposits
  • Withdrawals

 

Where can I find more information about Player Withholding Tax?

You can find additional information in the Player Withholding Tax in Greece FAQ.

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