Europe’s gambling stabilising, says report

The gambling sector in Europe has stabilised in 2022 after the pandemic, says a joint report by H2 Gambling Capital and the European Gaming and Betting Association.

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

A major rebound in the land-based sector, they said, had come from the re-opening of casinos, pushing revenue in that sector up by 34 percent to €70.3bn, compared with €47.2bn in 2021.

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

The secretary general of the EGBA, Maarten Haijer, said: “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.”