Europe gambling stabilising says report

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This year has seen the gambling sector in Europe stabilise after the pandemic, says a joint report put out by H2 Gambling Capital in conjunction with the European Gaming and Betting Association.

Their conclusions are that GGR increased by 23 per cent in the year to €108.5bn, up from €101.2bn.

A major rebound in the land-based sector, they said, had come from the reopening of casinos, pushing revenue in that sector up by 34 per cent to €70.3bn, compared with €47.2bn.

In the online gambling sector, revenue rose by eight per cent from €35bn to €38.2bn.

Said the secretary general of the EGBA, Maarten Haijer (pictured): “While the steady upward trend of online gambling continues, land-based gambling is now rebounding from the widespread shutdowns of casinos and betting shops during the past two years.”

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