Slovakia’s online gambling industry had a standout year in 2024, with a 30% boost in revenue, reaching almost €476 million. This growth highlights how the market is evolving, with more players embracing online platforms thanks to innovations in digital services and a solid regulatory framework. However, the future of the land-based gambling sector looks less promising, with predictions that revenue from physical casinos and gambling rooms will drop in 2025 due to tighter local regulations.
Overall, the Slovakian gambling market grew to €1.45 billion in 2024, a 9.6% increase from the previous year. Online gambling made up a large chunk of this revenue, driven by a total player spend of €12.18 billion. Despite this, the land-based sector, which brought in €480 million in 2024, is expected to see a decline in 2025. The Gambling Regulatory Authority (URHH) has warned that the tighter regulations could push some players toward illegal gambling sites, a trend that could create significant challenges for the market moving forward.
The growth of online gambling and the struggles of the land-based sector, in Slovakia
Online gambling continues to dominate the Slovak market, with online casinos holding the largest share. This growth is attributed to constant innovations in digital platforms and shifting consumer behaviors, with more players preferring the convenience and accessibility of online options. As Martin Bohoš, the director general of the Gambling Regulatory Authority, put it, “The largest market share is still held by online casinos. Their significant growth is related to innovations in digital services, changes in consumer behaviour and effective regulation by the state.” 
On the other hand, land-based gambling is facing a difficult road ahead. With local governments imposing stricter rules, the revenue from casinos and gambling rooms is projected to decline in 2025. The increase in illegal gambling activities is another concern, one that will require regulators to introduce stronger measures to protect players and maintain the integrity of the market.
Online gambling taxes rise
The Slovakian state took in €347.3 million in gambling taxes in 2024, a 15% increase from the previous year. The largest gains came from online casino taxes, which saw an impressive 35% growth, totaling €126.1 million. Other sectors also saw growth, with casino taxes up by 26% to €16.4 million, while the tax revenue from numerical lotteries rose by 9%, reaching €47.6 million.
Despite the surge in online gambling revenue and taxes, land-based gambling rooms are facing challenges. With stricter regulations expected to take effect in 2025, it’s anticipated that revenue from these venues will decline. This trend highlights the growing importance of online gambling, which not only contributes more to the economy but also seems to be the preferred option for many players in Slovakia.
