Gross Gaming Revenue (GGR) as a share of GDP in select European countries 2018

This statistic presents the Gross Gaming Revenues (GGR) as a share of Gross Domestic Product (GDP) in selected European countries in 2018. The GGR is a key metric used within the gambling industry to refer to the difference between the amount of money received by a given agent, and the amount of money payed out by the agent. Sales revenue can be thought of as a comparable metric from outside the gambling industry.

Gross Domestic Product (GDP)

Gross domestic product (GDP) is a measure of the market value of all goods and services produced within a region over a given time period. Although more often described in terms of its rate of growth, it is frequently used as an indicator of a country’s economic stability, and by extension, social welfare. As a result both national and international policy decisions are frequently made with the primary purpose of elevating GDP. The connection between the economic stability of a region, as described by its GDP, and the extent to which is describes social welfare is highly contested. The most common critique relates to the fact that many of the goods and services that contribute to GDP have a negative effect on social welfare. Polluting chemicals and processes, nuclear warheads, cigarette industry, the destruction of natural environments and many other goods and services, that clearly undermine prosperity, all contribute to the GDP metric. Despite these critiques there is clearly an intuitive relationship between the goods and services to which we assign value and to the goods and services we feel improve our lives.

GGR as a share of GDP

GGR from regulated operators in Greece were estimated to be approximately 2.1 billion euros in 2018, accounting for 1.14 percent of the country’s GDP. Similarly the GGR from regulated operators in Italy accounted for 1.06 percent its GDP. This statistic clearly illustrates that for many countries the gambling industry is responsible for a significant proportion of GDP. Although the social costs and benefits of gambling are not discussed here, this statistic provides a compelling incentive to investigate the effect of the gambling industry on social welfare.

Gross Gaming Revenue (GGR) as a share of GDP in select European countries in 2018

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Release date

April 2019

Region

Europe

Survey time period

December 2018

Supplementary notes

* Greek numbers have been adjusted for OPAP’s reported figures.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 / Month *
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Gambling in Europe"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.