In 2008, the annual revenues generated by the gambling service sector, measured on the basis of Gross Gaming Revenues (GGR) (i.e. stakes less prizes but including bonuses), were estimated to be around 75,9 bn € (EU 27 (H2 Gambling Capital for the European Commission (2008 figures))), showing the economic significance of the sector. On-line gambling services accounted for annual revenues in excess of € 6,16 bn, i.e. 7,5 % of the overall gambling market. This on-line market is the fastest growing segment and is expected to double in size in five years (EGBA and H2 Gambling Capital, 2009).
National levels of demand for these on-line services vary across the Union depending on a number of factors. In that respect it is not surprising to see that the UK is the largest market at the current time given that its e-commerce market is twice as large as the average for the Member States (See Report on retail Market monitoring, 5 July 2010 (COM(2010) 355 final)).
It is also worth noting that, in 2008, the GGR for on-line gambling (national market) were €5 million or below in six Member States : Luxembourg (5), Lithuania (2), Estonia, Latvia, Malta and Slovenia (1).
Credit © European Union