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Analysis

Slovaks spent 1.45 billion euros on gambling in 2024

Thursday 13 de March 2025 / 12:00

2 minutos de lectura

(Bratislava).- Slovaks placed bets worth 24.2 billion euros in 2024 and were paid out 22.8 billion euros in winnings. In total, they spent 1.45 billion euros on gambling, which is an increase of 9.6% compared to 2023. The contribution to the state budget from gambling in 2024 reached 347.3 million euros, which is an increase of 45.8 million euros year-on-year. For comparison, in 2022, state revenues from gambling amounted to 251.9 million euros.

Slovaks spent 1.45 billion euros on gambling in 2024

"The largest market share is still held by online casinos, which recorded a year-on-year increase in revenue by 29.9% to almost 476 million euros, while contributions to the state budget increased by 35.1% to 126 million euros," assessed Martin Bohoš, Director General of the Gambling Regulatory Authority, adding that "Their significant growth is related to innovations in digital services, changes in consumer behavior and effective regulation by the state."

Despite the significant increase in online casinos, an interesting fact remains that Slovaks lost 481 million euros in land-based gambling halls and casinos, which is 5 million more than in online casinos.

Land-based gambling halls continue to hold a stable position in the gambling market as a traditional form of gambling with a revenue of 340 million euros, despite the fact that they were the only type of gambling to record a decrease in all indicators.

The Gambling Regulatory Authority expects that in 2025 there may be a decrease in revenues from land-based gaming and casinos, which will be a consequence of stricter regulations at the local government level. At the same time, the authority emphasized that this situation may lead to the transfer of players to the illegal market, which will require stricter supervision and the introduction of more effective mechanisms to eliminate illegal activities.

In 2024, odds betting also recorded an increased increase, thanks to major sporting events such as the 2024 European Football Championship and the 2024 Paris Olympics. Players in this segment lost 313 million euros. The state received almost 87 million euros in fees from odds betting, which represents a year-on-year increase of 8%.

In terms of income for the state in 2024, numerical lotteries also played a significant role, thanks to which 47.7 million euros flowed into the state budget, which represents an increase of 9.3% compared to last year.

The Gambling Regulatory Authority continues to actively monitor and eliminate illegal gambling activities, and in 2024 it included another 89 websites on the List of Prohibited Sites. In total, this list already includes more than 820 illegal online platforms that offer gambling without a valid license.

"The fight against illegal gambling is one of our main priorities. Every year, we monitor new attempts to circumvent regulation and take measures to eliminate them. Our task is to ensure that players have access to a safe and transparent gaming environment provided by legally licensed operators," said Martin Bohoš, Director General of the Gambling Regulatory Authority.

In the coming period, the Office will continue to focus on the development of modern regulatory mechanisms that will ensure the protection of players, the elimination of illegal practices, and the stable development of the licensed gambling market in Slovakia.

Categoría:Analysis

Tags: Sin tags

País: Slovakia

Región: EMEA

Event

Peru Gaming Show 2025

18 de June 2025

Facephi presented its digital identity verification solutions for the online gaming sector in Peru at PGS 2025

(Lima, SoloAzar Exclusive).- Facephi is consolidating its position as a strategic partner for responsible online gaming in Peru, presenting advanced identity verification, fraud prevention, and regulatory compliance solutions at PGS 2025, adapted to an increasingly digital and demanding ecosystem. In this interview, Bruno Rafael Rivadeneyra Sánchez, the firm's Identity Solutions Senior Manager, explores how its technology is redefining gaming security standards, with a preventative, seamless, and 100% regional approach.

Friday 18 Jul 2025 / 12:00

From PGS 2025, Win Systems Redoubles its Commitment to Peru: Innovation, Proximity, and Regional Expansion

(Lima, SoloAzar Exclusive).- In a revealing interview, Galy Olazo, Country Manager of Win Systems in Peru, analyzes the company's strategic role in one of the most thriving markets in the region. Its participation in the PGS 2025 trade show not only left its mark with its technological advances, such as the new Gold Club Colors electronic roulette wheels and the WIGOS management system, but also reaffirmed its commitment to the transformation of the sector and its consolidation in Latin America.

Tuesday 15 Jul 2025 / 12:00

Key debate during PGS 2025: Enforcement: Process to ensure compliance (laws, norms, rules)

(Lima, SoloAzar Exclusive).- During the 2025 edition of the Peru Gaming Show, the conference ‘Enforcement: Process to ensure compliance (laws, norms, rules)’ took place, with an international panel of professionals who debated about the current challenges to combat illegal gaming and guarantee the application of the laws in the sector, both in Peru and in the Latam region.

Monday 14 Jul 2025 / 12:00

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