LITHUANIA

Lithuania shows 42% H1 online gambling revenue rise

The Lithuanian online gambling market grew 42% in the first half of 2019. H1 revenues hit €17.5m, up from €12.3m in the same period last year. The growth was primarily driven by online sports betting, as revenues reached €10.4m, increasing from €8.1m in H1 2018.

Online casino revenue was also up from €3.8m to €6.4m in H1 2019. There are six operators active in this section of the market. Players spent a total of €271.7m on iGaming in H1, up from €255.6m last year, winning €254.2m in the process.

Revenue from the offline gambling increased from €33.7m in the first six months of 2018 to €34.6m this year. Table games generated €8.6m in land-based revenue, up from €8.4m last year, while sports betting revenue dipped slightly from €4.9m to €4.7m. Players wagered €233.9m on land-based gambling games in the first half, up from €230.6m last year, winning a total of €199.4m.

 

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *