Access our Network of Banks for your Slovakian Casino
With revenues of around half a billion Euros, Slovakia’s online gambling industry looks very healthy – especially given the country’s population of just 5.5 million. The iGaming industry has really been embraced by Slovak gamblers, and today 55% of gambling happens on the internet. All of which makes it an attractive market for iGaming businesses.
Because online gambling (and casinos in particular) is a relatively new industry in Slovakia, many local banks lack experience of working with the sector and lack suitable services. Many traditional banks continue to view online gaming as a ‘high risk’ industry, which can make opening a payment account a challenge. Your firm must be based in Slovakia or another EU country to offer iGaming in the country (Slovaks cannot play on unlicensed foreign iGaming websites).
Slovakian iGaming licenses are provided by the Gambling Regulatory Authority. Online casinos and sportsbook licenses are valid for 10 years, and cost €3million (or €5 million for a combined casino and bookmaker license).
Planning to offer online casino games or betting in Slovakia? Then you will need a bank account, payment account or electronic money institution that can operate in the country. And this is where iGaming Core helps:
The most popular method for making payments with Slovak gamblers is Sporopay, a bank transfer solution. International debit and credit cards (Visa, MasterCard, Maestro etc.) are widely accepted. Many people use e-wallets too.
Contact us today to start accepting payments to your Slovakian iGaming website
2005
The year online sports betting was legalised in Slovakia
The year private companies could begin offering online casino games in Slovakia
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