The Belgian gambling market regulator has published data on the legal segment of the sector for 2024. It reported that in 2024, revenue decreased for the first time since 2020. It fell by 4.86% to €1.61 billion.
The main pressure was on the land-based gambling segment, whose revenue dropped by 7.59% to €690.41 million. The online gambling segment, which accounted for 57.1% of the market's revenue, also contracted — by 2.7% to €919.1 million.
At the same time, casino revenue increased by 7.32% to €638.4 million, with about three-quarters provided by online casinos. In contrast, revenue from slots decreased by 11.95% to €384.75 million (primarily due to a sharp decline in online slots by 23.8%). Revenue from sports betting fell by 6.59% to €364.3 million.
The regulator noted that the market could have been affected by regulatory changes introduced in 2023: the ban on using multiple types of licenses on one site, raising the minimum age for gambling from 18 to 21 years, and the phased ban on gambling advertising.