Poland – The turnover of the legal bookmaking market will reach PLN 5.86 billion in 2019

The turnover of the legal bookmaking industry may reach PLN 5.86 billion in 2019, which means an increase of 15% compared to PLN 5.1 billion of the market value estimated this year, assumes the Association for the Liquidation of the Gray Area of Mutual Bets in Poland “Graj Legalnie”.

In 2018, the turnover of licensed bookmakers in Poland will reach approx. PLN 5.1 billion, or approx. 55% more than last year. This means that the state budget for the tax on games will be credited with the amount of PLN 612 million (compared to PLN 396 million a year earlier). The forecast for 2019 assumes a 15% increase – up to PLN 5.86 billion on the basis of organic growth and further flow of players from the gray area – said a member of the association, Łukasz Borkowski.

He emphasized that assuming if the regulator took into account changes postulated by the industry, the dynamics of market growth could reach even 25% and increase its value to PLN 6.37 billion in 2019. The forecasted next year’s inflows to the state would amount to PLN 704 million and PLN 765 million, depending on the dynamics.

According to the association, STS has 47.1% market share, Fortuna 33.9%, Totolotek 7.3%, forBET 4.4%, and others 7.3%.

The bookmaker industry is investing more and more in sports sponsorship and the association estimates that expenditures for this purpose currently amount to approx. PLN 35 million.

“Graj Legalnie” indicates that illegal operators – controlling the “gray area” in Poland worth PLN 5.5 billion – are constantly violating the provisions of Polish law, including those regarding allowed promotion and advertising.

An example of this may be a conversation between a Polish-speaking service office of one of the bookmakers, during which a Polish customer is directly misleaded and induced to break the law by concluding a bet with the operator without a license. Foreign bookmakers also conduct regular distribution of text messages and e-mails to players, in which they encourage to use their services, which exposes Poles to penal-fiscal responsibility – reports the association.

In the opinion of the “Graj Legalnie” Association, state authorities should effectively run and update the Register of Domain Users Serving Gambling Games against the Act. Then enforce website blocking by telecommunications providers.

A further legislative initiative and clarification of existing provisions is also necessary. The legislator should also verify the current form of betting taxation and, as a consequence, rationalize the applicable tax regulations – said the board member Katarzyna Mikołajczyk.

Related Posts

Leave a Reply

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