Austria's Gambling Industry Stagnates

CompaniesRetail & Consumer ♦ Published: March 26, 2011; 13:25 ♦ (Vindobona)

Income of Casinos Austria remained constant in the previous year. Online lotteries grew while traditional lotteries lost ground.

Austria's Gambling Industry Stagnates / Picture: ©

Austrian lotteries only achieved a meager sales growth of 0.3% to 2.64bn in 2010. Although this is a new record, sales have been stagnating for years. Net income fell from € 44.52m to € 34.99m. Operating profits shrunk by € 56.6m to € 44.1m.

Online Gambling shows a slight upward trend. The number of players at the portal rose by 10%, sales rose to € 1.075bn,…

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