This story was published more than 3 years ago.
Gambling participation in Estonia appears to have peaked, as rates have dropped compared to years past.
A survey was conducted by Estonia's Ministry of Finance and asked 3,000 residents aged 15-74 about their gambling habits. The study found that 50% of residents have gambled over the past two years, which is down from 66% in 2017. Those numbers were reflected in drops on both offline and online betting, with offline participation down from 58% to 41%. Online betting participation came in at 31%, down from 40% in 2017.
Results showed participation dropped among both males and females, but income played more of a role. Those on the lower end of the income spectrum saw participation drop 10%, while higher earners were down 23%. Those aged from 20-29 saw participation drop 20%.
Lottery participation was 25%, while sportsbetting participation was 5%. Casino game participation was at 4%, while poker came in at 3%.
No reason for the fall in gambling was given, but Estonia is considered to have a mature betting market, as they've had regulated online gaming since 2010.
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Comments
Yeah reading the article I was wondering what might be the reason for the drop and I think when it's about an older betting markets maybe eventually it comes a moment when the market reaches it's pick and the only direction revenues could go after that is only down...it should be valid for other mature markets across Europe (or anywhere really) I think.