Reports

H1 games of chance revenue up 24% y/y in Montenegro

Tuesday 15 de July 2025 / 12:00

⏱ 1 min read

(Montenegro).- Games of chance revenues increased by an annual 24% to 18 million euro ($21 million) in the first six months of 2025 thanks to improved supervision mechanisms and increased transparency following the introduction of a new information system, the government said.

H1 games of chance revenue up 24% y/y in Montenegro

Earnings from online gambling surged by 39% year-on-year, reaching 7.4 million euros in the January–June period, according to a recent announcement from the national authority overseeing games of chance.

Betting activities generated 4.9 million euros in revenue during the same timeframe, marking a 5.2% increase compared to the previous year. Meanwhile, gambling machine club operations saw a 23% rise, bringing in 3.5 million euros.

Casino game revenues climbed by 32% year-over-year, totaling 2.2 million euros in the first half of 2025.

In 2024, Montenegro recorded a 51% spike in overall games of chance revenue, hitting 33.8 million euros. This significant growth was attributed to the government’s introduction of a new variable element to the online gaming concession fee starting in January of that year.

(Note: $1 USD = 0.853 EUR)

 

Categoría:Reports

Tags: Sin tags

País: Serbia and Montenegro

Región: EMEA

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