NewsGambling revenues surge 28% in first five months driven by online and...

Gambling revenues surge 28% in first five months driven by online and casino growth

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Total revenue from gambling and prize games in the first five months reached €14.93 million, marking a 28.42% increase compared to the same period last year, according to the Gambling Administration.

Online gambling and games played via telecommunications saw the highest growth, with revenue rising by 45.89% to €6.14 million.

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Casino game revenues also increased significantly, totaling €1.78 million, up 45.7%. Additionally, gambling in slot machine clubs generated €2.92 million, a 26.8% increase.

Betting games brought in €4.05 million, reflecting a 4.96% rise.

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Officials credited the growth to the introduction of a new information system for monitoring gambling operators, which has improved transparency and control.

This positive trend reflects the successful collaboration between the Ministry of Finance and the Gambling Administration in achieving government goals related to fiscal stability and responsible public revenue management.

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