When the market was reregulated in 2020, Greek slots players faced a €2 per game betting limit, but how did players react to the higher €20 betting cap in 2022?
Slot Trumps is moving to Greece for its third market, examining whether a long-running regulatory process has created a new growth opportunity for iGaming.
Slots were firmly in the government’s sights throughout this process. Initially, any game with a random number generator was banned. This was ultimately lifted, although the market launched with a €2 bet cap per spin and a three second delay between spins.
The maximum betting limit was increased to €20 per spin in May 2022, but has this changed player behavior in Greece?
The Greeks stick with the classics
As a Balkan country, the focus is on classic slot themes, similar to Romania, according to Slot Trumps from EveryMatrix. Games with fruit symbols or animals tend to perform best, accounting for 17.6% and 15% of the most popular 1,865 games on SlotMatrix, respectively.
Greek slot players also prefer classic features, especially those that offer them more playing time, such as: B. Free spins, which can be found in 60% of the most popular games on the market. Wilds, a tried and tested base game feature, are also very popular in Greece.
Slot Trumps Greece: Lower stakes, longer sessions
Lower average bet sizes show the impact of betting limits on Greek slot players, according to the Slot Trumps Greece dashboard.
For the top 20 games on SlotMatrix, the average stakes per spin are €0.79. This shows the impact of the maximum bet cap on slots in Greece, which is significantly lower than the average bet of €2.59 in Romania and even lower than the €1.04 bet of Brazilian slot players.
Similar to Romania, players prefer a slot with medium to high volatility, but are significantly more active. Greek players have an average of 6.2 sessions in SlotMatrix’s top 20 games, more than Romania (4.1) and Brazil (5.11).
“In addition, a Greek player bets significantly more in each gaming session than his counterparts in Brazil and Romania,” adds EveryMatrix.