Austria: Gambling sales stagnate-but online boom continues
In recent years, the sales of the providers of gambling have only known one direction. The curve went up steeply. The companies celebrated high revenues. But as the latest figures from Austria now show, sales stagnate in the Alpine Republic. The main reason is the deficits in the inpatient game. These went down drastically during the Corona pandemic. On the other hand, the online sector is booming and in turn has achieved high growth.
Online gambling continues on advance
According to the market analysis of industry radar Glense Glossy & Sports Betting, the figures for gambling in Austria leveled off for 2021 compared to the previous year. There were a total of 16.2 billion euros. This means only a slight increase of 0.4 percent. The betting and gross games have made a slight increase of 2.4 percent. In total, the providers generated an increase of 1.7 billion euros. The was in particular through lotteries and that Online store achieved. There were operations of 714 million $ in the lotteries, which means an increase of 4.9 percent. The numbers in online gambling are even clearer. There was a growth of 24.2 percent here. Instead of 467 million euros, 580 million $ were generated. According to the industry radar, the explains gambling & sports betting through online sports betting and further gambling on the Internet.
Significant losses in the inpatient game
While the online sector is booming, there were clear deficits in the inpatient gambling. Here the pandemic clearly left its mark. Numerous companies had to close temporarily or permanently. The proceeds fell from 517 million $ to 411 million euros. This means a decrease of 20.5 percent. In 2018, the proceeds were 858 million euros. Thus, the proceeds were halved in just three years. “The online sector undoubtedly benefits from this. The demand for gambling and betting on online platforms accelerated massively. Compared to 2020, missions increased by almost 18 percent. With play and betting operations of 9.1 billion euros, gambling and sports betting took place too almost sixty percent on the Internet, ”says Esvon industry radar gambling & sports betting. The decline is not completely surprising. From 2019 to 2020, the inpatient sales had gone significantly. In the same period there was an increase of 7.4 percent online. From 2018 to 2021, the proceeds rose from 375 million $ to 580 million euros.
Look at USA confirms the impression
An excursion from the Alpine Republic of Austria to the Alpine Republic of USA shows that the numbers from Austria are confirmed. In 2021, 67.5 billion $ were spent on the Internet. While online sales made up only 33 percent in 2019, it was 62 percent in 2021. In contrast, the missions in the country -based game have broken in. In 2019, sales were still 4.8 billion euros. In 2020 it was 2.6 billion $ and in 2021 at 1.8 billion euros. Only scratch -in and lottery caused an increase in the inpatient game. Due to the redistribution, the tax authorities also have fewer income. This has to do with the fact that the tax rate significantly below the sentences for Online gambling game lie. In comparison between 2021 and 2019, the state’s revenue fell by 35 percent.
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