polish regulated market generates pln6 7bn in 2019

polish regulated market generates pln6 7bn in 2019

by 14.01.2020 0 comments

During 2019, the regulated betting market in Poland has generated a combined turnover of PLN6.7bn according to figures from legal association Graj Legalnie.

The figure marks a 28.8% year-on-year increase in combined turnover, however the legal specialists highlighted that this figure remains significantly lower than the turnover generated by the grey market in Poland.

Graj Legalnie found that the grey market now accounts for 60% of the Polish market following a period of increased activity from unregulated operators. The association noted that, had all of this turnover been taxed, the Polish government would have made an additional PLN1.1bn in tax.

In the regulated sector, STS makes up 45.5% of the market, while Fortuna holds a 31.3% market share. ForBet was in third with a market share of 6.1%. Throughout 2019, the regulated sector contributed PLN800m in gambling taxes.

In November 2019, Graj Legalnie found that three unlicensed operators had generated 2.1m visits in Poland, despite their sites having been blocked by the Polish Ministry of Finance.

The association also revealed that it had reported 1830 illegal gambling websites to this register, of which 1303 have not yet been included.

Graj Legalnie also added that ‘following in the footsteps of other European countries, a dedicated office which would be responsible for market regulation should be established in Poland.’

The dedicated office would be handed a ‘precisely defined list of tasks’ which would be largely modelled on the UKGC or the Malta Gaming Authority. The office ‘would enable a more effective oversight of the sector. It would also be more efficient in counteracting the recurrent grey market.’

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