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

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

Online casinos

🔴 €12, 18 billion – betting volume
🔴 €11.7 billion – payments to players
🔴 €480 million – net losses
🔴 29.9% – revenue growth for operators
🔴 €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:

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

🔴 A sharp bias towards online products
🔴 The rise of illegal platforms: 89 sites blocked in 2024
🔴 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.

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