Online Casinos - Slovenia | Statista Market Forecast

Revenue in the Online Casinos market is projected to reach US$64.33m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 5.32%, resulting in a projected market volume of US$83.35m by 2029.
In the Online Casinos market, the number of users is expected to amount to 60.4k users by 2029.
User penetration will be 2.7% in 2024 and is expected to hit 2.9% by 2029.
The average revenue per user (ARPU) is expected to amount to US$1.11k.
In global comparison, most revenue will be generated United Kingdom (US$6.47bn in 2024).
With a projected rate of 35.6%, the user penetration in the Online Casinos market is highest Canada.

Definition:

The online casinos market refers to the segment of the online gambling industry that offers a range of traditional casino games, such as blackjack, roulette, baccarat, and slot machines, that can be played over the internet. Online casinos provide customers with the opportunity to play these games from the comfort of their own homes or on the go through various devices, including computers, tablets, and smartphones.

Additional Information

Data includes revenue figures in Gross Gambling Revenue (GGR), which is the total amount of bets placed by customers minus the amount paid out in winnings, Users, average revenue per user (ARPU), user penetration rate, and a breakdown of the product shares of the total online casino market. User and revenue figures represent B2C services.

Online slot machines such as Starburst, Mega Moolah, and Gonzo's Quest
Online card games such as poker, blackjack, baccarat, and their variants
Online roulette games such as European, American, and French roulette

Offline or land-based casino establishments such as casinos and gaming halls
Skill-based games such as chess, backgammon, and Go
Betting on non-casino games such as sports, politics, and entertainment.

The Online Casinos market in Slovenia has been experiencing steady growth in recent years, driven by changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors. Customer preferences in the Online Casinos market in Slovenia have shifted towards convenience and accessibility. With the increasing use of smartphones and the internet, customers are looking for online platforms that offer a wide range of casino games and the ability to play anytime, anywhere. This has led to the rise of online casinos, which provide a convenient and immersive gaming experience for players. Trends in the market indicate a growing demand for online casinos in Slovenia. The market has witnessed the entry of new players and the expansion of existing operators, leading to increased competition. This has resulted in the development of innovative features and technologies to attract and retain customers. For example, many online casinos now offer live dealer games, virtual reality experiences, and mobile-friendly platforms to cater to the evolving needs of players. Local special circumstances in Slovenia have also contributed to the growth of the Online Casinos market. The country has a well-established gambling industry, with a long tradition of land-based casinos. However, the emergence of online casinos has provided an alternative for customers who prefer the convenience and privacy of playing from their own homes. Additionally, the government has implemented regulations to ensure the safety and fairness of online gambling, which has boosted consumer confidence and encouraged more people to try their luck online. Underlying macroeconomic factors have also played a role in the development of the Online Casinos market in Slovenia. The country has a stable economy and a high standard of living, which has increased disposable income and leisure spending. As a result, more people are willing to spend money on entertainment activities, including online gambling. Furthermore, the growing popularity of online casinos has attracted foreign investment and created job opportunities in the digital gaming sector. In conclusion, the Online Casinos market in Slovenia is experiencing growth due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. The convenience and accessibility of online casinos, along with the development of innovative features, have attracted a growing number of players. The well-established gambling industry and government regulations have also contributed to the market's expansion. Additionally, the country's stable economy and high standard of living have increased leisure spending, further driving the growth of the online gambling sector.

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Gambling Revenue (GGR) and represent what consumers pay for these products and services.

Modeling approach:

Market size is determined through a Top-Down approach. We use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global survey), as well as performance factors (e.g., user penetration, price per product, usage) to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP, number of internet users, and internet consumption.

Forecasts:

We apply a variety of forecasting techniques, depending on the behavior of the relevant market. For instance, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP per capita, consumer spending per capita, and 4G coverage.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Data from the Statista Consumer Insights Global survey is reweighted for representativeness.

This report presents a comprehensive analysis and additional information on the Advertising & Media market, in a PDF format.

As an industry seemingly built on chance, the odds of the global casino sector growing in the coming years appear a safe bet. Thanks to the ongoing legalization of gambling-related activities in many parts of the world, licensed casinos have expanded to new markets and generated record-breaking revenue figures. While the market size of the casino and online gambling industry suffered heavily during the coronavirus (COVID-19) pandemic, falling by nearly 100 billion U.S. dollars in 2020, the recovery has been steady. As of 2024, the industry’s market size totaled over billion U.S. dollars. At the center of this growth has been leading casino companies such as MGM Resorts, which alone generated 16.16 billion U.S. dollars in revenue in 2023. Online enterprises specializing in sports betting have also carved out significant chunks of the market share, with Fanduel and DraftKings both ranking as two of the most valuable gambling brands globally in 2024.