The sphere of iGaming is booming quickly, and Central Europe is the prime focus of gambling operators thanks to high revenues and enormous traffic.
From giants like Germany to rapidly growing markets in Poland, the landscape is changing, and the potential for investment is immense.
Explore the laws and demands across various Central European countries and see what the region has to offer. Casino Market specialists propose diverse gambling solutions and provide licensing assistance in these states.
Germany: A Giant in the Industry
The country dominates the Central European iGaming scene with staggering revenues that exceeded €16 billion in 2019. Even more impressive is the expected growth — experts foresee a substantial one-third increase by 2024.
Here is what you need to know about wagering regulation in Germany:
- While the legal landscape may seem complex due to the involvement of individual regions, the Interstate Treaty on Gambling serves as the cornerstone of requirements.
- The newly established Gambling Committee will allow operators to offer online casino games and poker.
- Sports betting and horse racing can now be presented by private operators.
- The introduction of a new framework offers exciting prospects for video slots and poker games.
Switzerland and Poland: Emerging Powerhouses
Switzerland, a beacon of prosperity, recently joined the ranks of regulated web gambling markets. The local niche's opening has brought in a Gross Gaming Revenue (GGR) surpassing €21 million within the first 6 months.
Although it might seem tough to enter due to traditional casino prerequisites, it is a chance for iGaming companies to partner with local venues and break through these barriers.
Poland, on the other hand, is proving to be a gem in the entertainment sphere with strict regulations. Here are key takeaways about the local sphere:
- The legal market's growth has been exponential, soaring from €0.11 billion in 2015 to an impressive €5 billion in 2020.
- Online betting dominates the Polish landscape, estimated at €1.6 billion.
Unlocking Potential Across the Region
Countries like Austria, Hungary, Slovakia, Liechtenstein, and the Czech Republic also present unique iGaming opportunities, however, with some obstacles, mostly connected with legal aspects. Check out a few characteristics:
- Austria will maintain monopolies over lotteries and casino games by 2027.
- Hungary faces tight restrictions, and only licensed ground casinos can work online.
- Slovakia recently entered the regulated web wagering arena, offering various opportunities for betting, slots, and table amusements.
- Liechtenstein, while not regulating iGaming, boasts thriving land-based casinos that attract players from neighbouring countries.
- The Czech Republic's iGaming journey has seen growth, with slots and sports betting emerging as dominant forces.
The Main Things about Gambling in Central Europe
The region stands as a promising gateway to thriving iGaming prospects. Countries like Germany lead the way with remarkable revenues and anticipated growth. Switzerland and Poland, emerging powerhouses, have also demonstrated significant potential in the iGaming sector.
Navigating the intricacies of the Central European gambling landscape requires expertise. Casino Market experts are ready to explain regulatory norms in each country. Our team offers various solutions, for instance:
- online casino scripts;
- top games from diverse providers;
- payment instruments;
- promotional tools, etc.
Casino Market, with its vast experience in the industry, can guide you through the process of starting or managing a gambling business. Unlock the full potential of your wagering project by contacting our manager.
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