Online Gambling - Slovenia

Slovenia

Highlights

Revenue in the Online Gambling market is projected to reach US$201.00m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 5.75%, resulting in a projected market volume of US$251.40m by 2028.
The Online Sports Betting market has a projected market volume of US$74.83m in 2024.
In global comparison, most revenue will be generated United States (US$23.03bn in 2024).
The average revenue per user (ARPU) in the Online Gambling market is projected to amount to US$1.62k in 2024.
In the Online Gambling market, the number of users is expected to amount to 146.2k users by 2028.
User penetration in the Online Gambling market will be at 6.0% in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Online Gambling market in Slovenia has been experiencing significant growth in recent years. Customer preferences for online gambling have shifted towards convenience and accessibility, leading to an increase in the number of online gambling platforms and the variety of games available. Additionally, local special circumstances and underlying macroeconomic factors have contributed to the development of the market.

Customer preferences: In Slovenia, customers have shown a strong preference for online gambling due to its convenience and accessibility. With the rise of smartphones and internet penetration, more people are opting to gamble online rather than visit physical casinos. Online gambling platforms offer a wide range of games, including popular casino games such as slots, poker, and roulette, catering to the diverse preferences of customers. The ability to gamble from the comfort of their own homes or on the go has made online gambling a popular choice among Slovenian consumers.

Trends in the market: One of the key trends in the Slovenian online gambling market is the increasing popularity of sports betting. Sports have always been a significant part of Slovenian culture, and the ability to bet on various sporting events online has attracted a large number of customers. Online sportsbooks offer a wide range of betting options, including live betting and virtual sports, providing customers with an immersive and engaging experience. This trend is expected to continue as more sports betting platforms enter the market and offer innovative features to attract customers. Another trend in the market is the emergence of online gambling platforms that accept cryptocurrencies. Slovenia has seen a growing interest in cryptocurrencies, and this has extended to the online gambling industry. Online casinos and betting sites that accept cryptocurrencies provide customers with an additional level of privacy and security, appealing to those who are concerned about their personal information and transactions. This trend is likely to continue as cryptocurrencies become more mainstream and widely accepted.

Local special circumstances: Slovenia's relatively small population and limited number of physical casinos have contributed to the growth of the online gambling market. Online gambling platforms provide a wider range of options and games compared to traditional casinos, attracting customers who are looking for more variety and convenience. Additionally, the government has implemented regulations that allow for the licensing and operation of online gambling platforms, further promoting the growth of the market.

Underlying macroeconomic factors: Slovenia's stable economy and high internet penetration rate have created a favorable environment for the development of the online gambling market. The country has a high standard of living and disposable income, allowing customers to spend more on leisure activities such as online gambling. Furthermore, the increasing popularity of online gambling has led to job creation and investment in the sector, contributing to the overall economic growth of the country. In conclusion, the Online Gambling market in Slovenia has experienced significant growth due to customer preferences for convenience and accessibility. The popularity of online sports betting and the acceptance of cryptocurrencies have also contributed to the development of the market. Local special circumstances, such as the limited number of physical casinos, and underlying macroeconomic factors, including Slovenia's stable economy and high internet penetration rate, have further fueled the growth of the market.

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. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies, and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, the urban population, the usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.