Poland’s regulated betting industry sees 10% fall

Poland has seen its gaming tax contribution fall 10%?after the betting industry was significantly reduced and betting shops closed?

Poland’s betting industry?tax income fell by more than?10%. The first six months of 2020 saw just $92 million USD in income.

The regulated sports betting industry had a tough year?after the sporting calendar was significantly reduced and betting shops closed due to the pandemic.?In the second quarter of 2020, the industry took a big hit which resulted in a 30% decline.

?STS?used this as an opportunity to?consolidate?its leading position. The company grew its market share to approximately 50%?according to the Polish sports betting operator association?Graj?Legalnie.??

The association said that this represented a 4% improvement on Q2 2019, and showed that the business had successfully adapted to the circumstances.?The second-placed, Fortuna Entertainment, saw its market share decline to 25% of industry’s revenue.

Forbet followed in third?place.?LV Bet,?Betclic?Everest Group’s?Betclic?brand and?Betfan?followed with each accounting for 3% of second quarter revenue, while E-Toto,?Totolotek,?Totalbet,?Superbet,?Ewinner,?Pzbuk?and?Noblebet?collectively accounted for the remaining 9%.?

?

Graj?Legalnie?said?that?the betting industry was badly hit by Covid-19 disruption?and thus they were campaigning to reduce turnover tax from 12 to 10%. They further?said that?the pandemic is likely to accelerate the industry’s shift online with some bookmakers already generating as much as 85% of their revenue online.?

About Affiliate Grand Slam:

Affiliates are gold in the iGaming industry and the SiGMA Affiliate Grand Slam is our own bespoke Affiliate Club that gathers all major, upcoming and affiliate startups within the industry. It’s free to join the SiGMA Affiliate Grand Slam. Affiliates requesting to join will be vetted through a membership application process upon submitting a request to?JOIN.