Gambling has become increasingly popular in recent years. In 2021, the industry was able to achieve growth of 7.5%. This development was even more remarkable in the online sector. A growth of 19% was even achieved here.
Online gambling can be discovered at a wide variety of addresses. An example is the paid online casino (casino en ligne payant).
Gambling and sports betting: These are the current trends in Europe
In 2021 online betting, slot machines, online casinos and many other games of chance were legalized in Germany. For a long time, this was a major obstacle for operators to gain a foothold in the German market, even if there was of course a strong black market. However, it must be said that the change in the law is not yet effective. So it will be interesting to see how this develops over the next few years. However, one can already assume that the gambling sector in Germany will experience significant growth again as a result.
In Spain, the gaming sector grew by 13.7% in 2020. One of the reasons for this is that there were already around 80 licensed casinos in Spain at the end of 2020. In 2021, however, a new law was passed in Spain that restricts advertising for gambling. However, a real effect on the industry has not yet been observed.
Almost half of the turnover made with online gambling in Spain comes from sports betting. This area has expanded significantly in recent years, although the upward trend is now slowing somewhat.
In Sweden, there has long been a monopoly on the gambling market, with only government-licensed entities allowed to offer gambling. However, the country has also moved with the times and has abolished this system. The result is that there are now over 100 licensed gambling operators operating out of Sweden.
The gambling sector in Sweden is developing rapidly. In recent years, more and more new online casinos have been opened. These attract customers with particularly lucrative welcome bonuses and promotions.
Gambling growth in Finland has been around 10% in 2020-2021. It can be assumed that this trend will continue. As was the case in Sweden in the past, gambling in Sweden is a state monopoly. Unlike in the neighboring country, however, Finland tightened its regulations again in 2021. It is now completely illegal to promote non-governmental gambling establishments and even influencers are held accountable for making such recommendations. A black list was also drawn up on which gambling operators are listed. When the list comes into effect, which will probably be the case in 2023, banks should no longer transfer money to these addresses.