Banking and Payment Processing for Slovakian iGaming

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Slovakian Casino Bank Accounts

Find banking partners for your Slovakia iGaming business

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.

Challenges for Slovakian online gaming firms

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).

Who regulates online gaming in Slovakia?

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).

Discover Slovakia iGaming payment solutions with iGaming Core

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:

  • We learn about your operations, business structure, license type and target market
  • We advise you on suitable payment accounts for your Slovakian iGaming company
  •  We find a partner to process payments for your Slovakia online bookmaker or casino
  • We can introduce you to Slovakian iGaming compliance consultants

Slovakia card processing for online bookmakers

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

Key Stats and Facts

2005

The year online sports betting was legalised in Slovakia

2019

The year private companies could begin offering online casino games in Slovakia

7.94%

Projected  annual revenue growth for Slovakian online casinos until 2027

Why iGaming Core?

Industry leading network of providers in the markets you need. Your partner in finance and iGaming.

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Pricessless Expertise
  • 5 Years in iGaming Finance
  • Hundreds of providers
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