By The Weekly Edge desk ·
Euromat estimates that illegal online gambling across Europe is worth €12bn, Casino.org News reported. The estimate covers the European online gambling black market.
Euromat’s €12bn estimate gives operators and regulators a measure of Europe’s illegal online gambling market.
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The study puts illegal competition at 25% of Europe’s online gambling sector, with the market tripling since 2019.
Euromat estimates Europe's illegal online gambling market accounts for 25% of the online sector after tripling in six years.
Europe’s estimated €12bn illegal online gambling market, triple its earlier size, shows regulators the scale of unlicensed activity.