The Slovakian Gambling Regulatory Authority (URHH) said it expects revenue from land-based gaming to decline in 2025 as online gambling revenue jumped 30% to almost €476 million [$518 million] in 2024.
URHH posted its annual report [March 11] outlining revenue, sales and tax income from the gambling industry for 2024. Last year, legal gambling in Slovakia reached a total player spend of €24.2 billion, up 11% from the previous year.
Total gambling revenue for the region across all verticals came in at €1.45 billion, an increase of 9.6% from 2023. When broken down further, online gambling revenue jumped 30% to almost €476 million in 2024.
This was based on an online player spend of €12.18 billion during 2024, of which €11.7 billion was paid back in winnings.