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Reports

H1 games of chance revenue up 24% y/y in Montenegro

Tuesday 15 de July 2025 / 12:00

2 minutos de lectura

(Montenegro).- Games of chance revenues increased by an annual 24% to 18 million euro ($21 million) in the first six months of 2025 thanks to improved supervision mechanisms and increased transparency following the introduction of a new information system, the government said.

H1 games of chance revenue up 24% y/y in Montenegro

Earnings from online gambling surged by 39% year-on-year, reaching 7.4 million euros in the January–June period, according to a recent announcement from the national authority overseeing games of chance.

Betting activities generated 4.9 million euros in revenue during the same timeframe, marking a 5.2% increase compared to the previous year. Meanwhile, gambling machine club operations saw a 23% rise, bringing in 3.5 million euros.

Casino game revenues climbed by 32% year-over-year, totaling 2.2 million euros in the first half of 2025.

In 2024, Montenegro recorded a 51% spike in overall games of chance revenue, hitting 33.8 million euros. This significant growth was attributed to the government’s introduction of a new variable element to the online gaming concession fee starting in January of that year.

(Note: $1 USD = 0.853 EUR)

 

Categoría:Reports

Tags: Sin tags

País: Serbia and Montenegro

Región: EMEA

Event

iGaming Club Conference Cancun

24 de November 2025

Levon Nikoghosyan Confirms iGaming Cancun’s Success and Future LATAM Expansion

(Cancun, SoloAzar Exclusive).- The vibrant energy of iGaming Cancun has set the tone for a new chapter in the Latin American iGaming industry. Levon Nikoghosyan, CEO and Co-Founder of AffPapa and iGaming Club, shared his enthusiasm for the event’s debut in Mexico, highlighting its impact on the regional market and the company’s ambitious plans for the future.

Thursday 04 Dec 2025 / 12:00

iGaming Club Cancún 2025 Concludes Successfully with Strong Connections in Its First LatAm Edition

(Cancun, SoloAzar Exclusive).- iGaming Club Cancún 2025 came to a close last night with a comprehensive experience of conferences, networking, and the AffPapa iGaming Awards LATAM gala, consolidating itself as a unique space for operators, affiliates, and providers in the region.

Thursday 27 Nov 2025 / 12:00

iGaming Club Cancún 2025: Affiliates, Operators, and Innovation Take Center Stage on Final Day

(Cancun, SoloAzar Exclusive).- The second and final day of iGaming Club Cancún 2025 unfolds today, bringing together operators, affiliates, and select B2B providers in a unique networking and conference environment that highlights the evolving dynamics of the Latin American iGaming market.

Wednesday 26 Nov 2025 / 12:00

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