iGaming market in Slovakia – 2024 results

Slovak regulator ÚRHH presented a report on the results of 2024, emphasizing the growing gap between online and land-based gambling segments.

Top figures of the year

πŸ”΅ €24.24 billion (+14% YoY) – total betting volume
πŸ”΅ €22.79 billion – player payouts
πŸ”΅ €1.45 billion (+9% YoY) – net player losses
πŸ”΅ €347 million (+15% YoY) – revenue contributions

Online casinos

πŸ”΄ €12, 18 billion – betting volume
πŸ”΄ €11.7 billion – payments to players
πŸ”΄ €480 million – net losses
πŸ”΄ 29.9% – revenue growth for operators
πŸ”΄ €126 million (+35.1% YoY) – contributions to the budget

By these metrics, online casinos exceeded the combined performance of gaming halls and land-based casinos for the first time:

Gaming halls: €6.14 billion bets, €340 million net loss, 5% decrease in tax deductions;

Casinos: €2.78 billion bets, €140 million net loss, 26% increase in deductions.

Sports betting: strong growth thanks to Euro 2024 and the Olympics:

πŸ”΅ €2.73bn – betting volume
πŸ”΅ €310m – player losses
πŸ”΅ €86.91m (+8% YoY) – revenue to budget
What worries the regulator

πŸ”΄ A sharp bias towards online products
πŸ”΄ The rise of illegal platforms: 89 sites blocked in 2024
πŸ”΄ The need to strengthen self-regulatory mechanisms and protect vulnerable players

Forecasts for 2025

The land-based segment will come under pressure from municipal restrictions and changes in player behavior.

Online gambling is expected to grow further due to innovation and competition between licensed operators.

Betfair Affiliate Program

Betfair Affiliate Program

Betfair is closing its affiliate program in the UK and Ireland from July 1 Parent company Flutter Entertainment attributed the decision to β€œa series of market changes and a more complex regulatory environment” as part of the consolidation of all affiliate services...

The Netherlands and the ban on sports sponsorship

The Netherlands and the ban on sports sponsorship

Friends break into a new week and new news in the iGaming sphere In the Netherlands, iGaming operators have been banned from sports sponsorshipOn July 1, a complete ban on sponsorship of sporting events, teams and athletes by the gambling sector will come into effect...

Better Collective revenue down 13% to €83m in Q1 2025

Better Collective revenue down 13% to €83m in Q1 2025

iGaming-SEO giant Better Collective has released its financial report, noting a decline in key metrics, impacted by regulation in Brazil and lower advertiser activity in the US. Despite this, management maintains the same full-year outlook. πŸ”΄Adjusted EBITDA: €11.49...

CONTACTS

GET IN TOUCH

WITH US