Reports

Montenegro's Jan-Apr games of chance revenue up 31% y/y

Tuesday 13 de May 2025 / 12:00

⏱ 1 min read

(Montenegro).- According to the government, revenue from games of chance surged by 31% year-on-year, reaching €12 million ($13.5 million) in the first four months of 2025. This growth was driven by enhanced market oversight and the introduction of a new information system, contributing to the industry's modernization and digital transformation.

Montenegro's Jan-Apr games of chance revenue up 31% y/y

Montenegro's revenues from games of chance rose by an annual 31% to 12 million euro ($13.5 million) in the first four months of 2025 thanks to improved market supervision mechanisms and the implementation of a new information system as part of the sector's modernisation and digitalisation process, the government said.

Revenue from online gambling jumped 48% in annual terms to 4.9 million euro in January-April, the government's administration for games of chance said in a statement last week.

Revenue from betting totalled 3.3 million euro in the period under review, up by an annual 4.2%, while revenue from the operation of gambling machine clubs increased by 26% to 2.3 million euro.

Revenue from casino games jumped 70% on the year to 1.5 million euro in the first four months of 2025.

In 2024, Montenegro's total games of chance revenue jumped 51% to 33.8 million euro on the back of a new variable component added by the government to the concession fee for online games of chance as of January 2024.

 

Categoría:Reports

Tags: Sin tags

País: Serbia and Montenegro

Región: EMEA

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