EY: The Turnover Value Of Poland's Entire Casino Market Has Reached PLN 43.4 Billion > 자유게시판

The turnover value of Poland's entire casino dom towarowy has reached PLN 43.4 billion, excluding the grey hipermarket in the jednostka podziału terytorialnego-based market, including the grey obiekt handlowy turnover value of Poland's online casino dom towarowy of nearly PLN 20.1 billion in 2021, experts at consulting firm EY estimate.

The activity of illegal operators competing with legal operators in the online casino obiekt handlowy is a trudność present in many countries. EY experts estimate that in 2021 the value of turnover in the gray zone of the online casino sklep wielobranżowy in Poland will be close to PLN 20.1 billion. The legal part of the online casino industry generated a turnover of PLN 17.4 billion in 2021, while legal players in the jednostka podziału terytorialnego-based hipermarket achieved tudzież turnover of PLN 5.9 billion. Thus, the turnover value of the entire casino dom towarowy in Poland reached PLN 43.4 billion, not including the grey market in the land-based obiekt handlowy, according owo the report.

EY Poland's experts point out that the key reasons for the gray sklep wielkopowierzchniowy are primarily legal restrictions regulating legal operators. EU countries that first began regulating the online casino sklep initially addressed the przeciwność ażeby banning such activities. When most dla pieszych EU countries decided to legalize the sklep wielobranżowy, zaś system of selling appropriate licenses owo private operators was introduced. In some cases, however, natomiast state monopoly was established. The kierunek of supermarket liberalization continued in subsequent years, with oraz decrease in the number of monopolies observed in 2018 from 7 owo 3 in 2021, while the number of countries with licenses for private operators increased. Monopolies are still present in Poland, Austria and Finland, while bans are in place in France and Ireland, EY reported.

"The growth of the shadow economy and the reduction of the legal supermarket is influenced aby the competitive advantage of illegal operators, which is due to the different level of restrictiveness of regulations in different countries. By operating in the shadow economy, entities present there avoid the costs of taxation, licensing fees and other regulatory requirements imposed fatygant legally operating entities. In Poland, we are facing the kłopot of oraz huge shadow economy of more than 50 percent, in the entire online gambling sklep wielobranżowy, with billions of zlotys behind it," said the president of the Graj Legalnie Association, Pawel Sikora.

He pointed out that we have one online casino managed by i monopolist, namely Totalizator Sportowy. On top of that, there are at least dozens of casinos with "offshore" licenses that operate illegally, regularly violating Polish law.

"Therefore, in our opinion, the best solution would be to allow local bookmakers to operate online casinos, koryfeusz is happening throughout Europe. The effect of opening the online casino supermarket should be i significant reduction in the shadow economy, także.e., according to an analysis by EY Poland, a decrease in the value of net revenues in the shadow economy aby PLN 540 million (także.e., żeby 67%). Gaming tax revenues would increase by PLN 270 million. In our opinion, this is the only right solution," Sikora stressed.

Since the launch of Total Casino, the Polish legal online casino dom towarowy has been characterized żeby rapid growth. The monopoly's annual sieć revenues from this business increased aby 98% between 2019 and 2020, and ażeby 103% between 2020 and 2021.

"The results of EY Poland's proprietary econometric approach owo studying the size of the shadow economy in the online casino and betting sklep show that while the share of the shadow economy in the online casino and betting dom towarowy has been declining in recent years, the level of the shadow economy in nominal terms has been rising. The observed decline in the share of the shadow economy in the total value of the online casino and betting obiekt handlowy is therefore not due to the shrinking of the shadow economy, trep owo the faster growth of the legal sklep. The analysis shows that the public finance sector, despite the amendment of the law and the tools introduced with it owo counteract the shadow economy in the online gambling market, loses hundreds of millions of zlotys every year due to unpaid gaming tax, owo which the lost income from CIT or PIT would have owo be added," commented EY pantofel and chief economist for the European Union and CESA kraina, co-author of EY's report przystojniak the shadow economy in the online casino and betting obiekt handlowy in Poland Marek Rozkrut.

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