Croatia Gambling Market size is projected to grow at a CAGR of 8.4% during 2024-2030

On the basis of type, casinos attained the highest revenue share in Croatia Gambling Market – 6Wresearch

In 2023, Croatia's gambling market experienced a substantial boost from the casino sector, which claimed a significant portion of the total revenue. This was primarily driven by the expansion of integrated resorts, which merge casinos with hotels and entertainment amenities. Additionally, the increasing influx of tourists to the country has bolstered the casino market, as visitors often inclined towards playing casino games such as blackjack and roulette.

According to 6Wresearch, Croatia Gambling Market size is projected to grow at a CAGR of 8.4% during 2024-2030. The gambling market in Croatia has experienced growth due to initiatives to improve internet infrastructure, resulting in increased internet penetration and a rise in online sports betting. Additionally, the growth in urban population and tourism contributes to the market's expansion, with expectations of over 500,000 Croatia people engaging in regular online gambling by 2027, indicating significant potential for market growth.

Many municipalities in Croatia have started adopting one or more intelligent (Smart City) solution initiatives, largely motivated by EU funds. The European Commission has earmarked $1.69 billion for the Croatian Integrated Territorial Program 2021-2027, aimed at fostering sustainable urban development. Furthermore, cities have access to additional industry-specific EU funds to support and finance their projects. Two primary organizations promoting Smart City concepts and facilitating knowledge exchange include the Association of Cities in Croatia and the Smart City Group within the Croatian Chamber of Economy. Therefore, with urban areas enjoying improved access to technology, including the internet, this could enhance online gambling opportunities and enable gambling operators to expand their reach to a broader audience, consequently boosting their revenue.

According to Shubham Deep, Senior Research Analyst, 6Wresearch, during the forecast period, the online channel in the Croatia gambling market is expected to experience significant growth due to the increasing internet penetration and the expansion of 5G network coverage. This expansion would drive the advertising of gambling across social media and other websites, establishing a potential platform for people to engage in online gambling activities.

Croatia Gambling Market (2024-2030) report provides an in-depth analysis with 14 figures and 4 tables, covered in 76 pages. The report comprehensively covers the market by type and channel type. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.