The future of the industry

Until 2030, the basic vector is offline growth in gambling zones: expansion of the number of rooms, event calendar and VIP product, integration of MICE and family leisure.

The technological focus is digital compliance: eID verification, re-KYC, cashless, markers of harm monitoring, unified self-exclusion registers and payment/behavior analytics.

Online casinos will remain banned, traffic/payment blocking and affiliate control will continue; online betting - only under a license with centralized accounting of interactive rates, limits and restrained advertising.

We expect consolidation of operators, an increase in AML/cybersecurity costs, a shift in income towards carryingGaming (hotels, gastronomy, events) to smooth out seasonality.

Key risks - macro-factors and payment infrastructure; the answer is operational efficiency, ESG approach and maximum sewerage of demand in the legal segment.