Economics and statistics

Due to the prohibitive model within the country, legal cash flow is formed mainly by the state lottery and partly by betting on horse races; the share of casinos is zero, and a significant part of the potential GGR "leaks" to the border casinos of neighboring countries and offshore online.

For the budget, this means a limited fiscal effect from gambling in the presence of control and blocking costs.

The tourism sector does not receive the "IR-effect" (integrated resorts), but there is a demand for entertainment alternatives without a gambling component.

Key KPIs for monitoring: Goslotherei revenue, unlicensed turnover estimate (grey/offshore segments), mobile payment share of transactions, seasonality across the sporting calendar (cricket/football) and cross-border traffic to border playing areas.

The basic vector is the stable role of the lottery, the continuation of the outflow of high-margin demand abroad and the moderate expansion of non-cash infrastructure.