Balkan Countries Ready for Internet Gambling

After the global expanded into continental Europe, including southern Europe, the Internet gambling industry is currently focusing on the Balkan countries for further expansion. The Balkan states are drawing much interest even though there is currently a global economic crisis. Key figures support this interest, as a market size of gross revenue in the amount of 4.5 billion Euros for gambling, especially betting on sports, 130 million people in the Balkans, and impending membership into the EU for several Balkan states, to just name a few. MECN, which is a consulting firm, recently compiled a study that is titled, The Balkan Gambling Markets”, which analyzes the market in detail.

The BalkansThe countries in the Balkans, which are Turkey, Greece, Slovenia, Croatia, Romania, Bulgaria, and Montenegro, currently have a quite large market size and many experts confirm that the markets in the Balkans have a great potential for growth.

In 2007 the total gambling market in the Balkan region was 4.5 billion Euros, after payouts, according to the latest study from MECN. The total figure for both turnovers and wagers came to the figure of 25 billion Euros. Sports gambling is currently legal in many of the Balkan countries and online gambling may be next.

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