Betting News

Turnover of Licensed Sports Betting in Poland Jumps to 29% in 2019

In 2019, the licensed sports betting operators in Poland expects slow growth of their recent years due to the growth of the market share of the unlegalized betting sectors.

Recently, Graj Legalnie, a bookmaker industry advocate, declared that there would be a turnover of PLN6.7 billion of locally licensed sports betting operators in 2019. There is a rise of 29% as compared to the turnover of PLN5.2 billion in 2018.

As reported in the first year of the new online sports betting licensing regime of Poland, the growth of 29% is comparatively slower than a 53% rise in 2018 and 100% growth in 2017. Currently, in Poland, 17 legalized operators provide online betting.

According to Mateusz Juroszek, the president of STS local betting giant and Play Legally, the lion’s share of the regulated betting market is declined at 45.4%, Fortuna Entertainment Group down at 31.3% and forBET rise with 6% share.

According to the Play Legally, the share of the local market given by International licensed betting operators for Poland’s customers is about 60% in 2019. It also blames the tax imposition of 12% by the government on the turnover of the locally licensed betting operator.

In 2019, the bookmakers in Poland will ante up an amount of PLN806 million to the government. The Play Legally has a tax bill of PLN2 billion if the government combat unlegalized competitors.

The unauthorized online betting domains of 8,308 are blacklisted in 2019, which is more than 3,500 in 2018. According to Play Legally, international operators can reach blacklisted domains and redirect to the new unblocked domains. Play Legally wants the government to take action against the local internet service providers who are unable to block the sites.

John Scott

John Scott joined the Times of Casino’s team as a news writer. He previously worked with foremost publications as an intern. He holds bachelor of journalism degree and more than three years of experience of writing. In his free time, he enjoys travelling different places.

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