gambling in eastern europe tihana jurican, zagreb office manager global betting & gaming...
TRANSCRIPT
Gambling in Eastern Europe
Tihana Jurican, Zagreb Office Manager Global Betting & Gaming Consultants
Mor Weizer, CEO, May 2015: “The regulatory progress in Romania, Bulgaria, the Czech Republic, Poland, Hungary and others represents a good opportunity for the company...”
Economic Conditions
-8.0
-4.0
0.0
4.0
8.0
12.0
2007 2008 2009 2010 2011 2012 2013 2014EU 28 BulgariaCzech Republic CroatiaHungary PolandRomania SloveniaSlovakia MacedoniaSerbia
Real GDP Growth Rate (YoY change) 2007-2014
Source: Euromat
Gambling and the CrisisGambling GGY in EE (US$bn) 2007-2019f
Source: GBGC Analysis
7.17
9.21
7.91
6.87 7.07 6.41 6.50 6.68 6.96 7.26
7.65 8.08
8.47
0
1
2
3
4
5
6
7
8
9
10
Gambling and the Crisis cont.Gambling GGY by Country (US$m) 2008-2019f
Source: GBGC Analysis
0
400
800
1,200
1,600
2,000
2008 2014 2019
Propensity to Gamble
Source: GBGC Analysis
Share of Gambling in GDP by Country (%) in 2014
0.0%
0.1%
0.2%
0.3%
0.4%
0.5%
0.6%
0.7%
0.8%
0.9%
Legal OverviewInternet Sports Betting
Internet Casino
Open to Foreign Companies
Blacklisting/ ISP Blocking
Bulgaria X X X X
Croatia X X
Czech Republic X X
Estonia X X X X
Hungary X X X
Latvia X X X X
Lithuania X X
Macedonia X
Montenegro X X
Poland X X
Romania X X X X
Serbia X X
Slovakia X X X
Slovenia X
Internet Gambling
Source: GBGC Analysis
Share of Internet in Total Gambling by Country (%) in 2014 and 2019
5%
19%
9%
0%3%
4% 3%0%
11%
3%
11%
23%
10%
0%3%
5% 4% 4%
11%
3%
0%
5%
10%
15%
20%
25%
2014 2019
Liberalisation and Setbacks
Liberalisation• Estonia• Poland• Romania
Closing-Up• Hungary• Slovenia• Lithuania
Major Markets
• Bulgaria• Czech Republic• Poland• Romania
Growing Regionalisation
Company Seat HR CZ EE LV LT ME PL RO RS SK
Mozzart Serbia L, I L L, I L, IHattrick Ireland L, I L, IStanleybet UK L L L, I L, IFortuna CZ L, I L, I L, ITonybet EE L, I L, IOlympic EE L, I L, I L, I L LMaxbet Serbia L L, ITip Sport CZ L, I L
Maltese Operators with Local LicencesCompany Country Brand
BML Group Estonia Triobet
Eurofootball Malta Bulgaria Efbet
Reel Spain Malta Bulgaria, Romania PokerStars
Polco Limited Malta Bulgaria Betfair
Betfair International Romania Betfair
Cosmo Gaming Company Romania Netbet
WM Interactive Romania Winmasters
PT Entertainment Services Romania Winner
Headlong Limited Romania Sportingbet
Unibet Limited Romania Unibet
Europe Entertainment Limited Romania Stargames, Skill 7
Offshore TargetingBG HR CZ EE HU LV LT PL RO RS SK SI
PokerStars X X X X X X X
Full Tilt X X X X X X X X
Bwin X X X X X X X X
Party Poker X X X
Unibet X X X X X
Betsson X X X X
William Hill X X X X X X
888 X X X
Bet 365 X X X X X X
Offshore Targeting cont.
2014 2019
Source: GBGC Analysis
49.6%50.4%
Local Licence Offshore
60.3%
39.7%
Local Licence Offshore
Conclusion
• Markets opening up• No overcrowding yet• Fast growth• Complex and costly rules and regulations• Legislative process moving slowly
