The gambling market has been an ever-growing industry for a few years now all around the world. It may come as a surprise to some, however, to learn how well the Polish market is doing in this regard. In 2020, the Polish gambling revenue’s worth skyrocketed up to €5 billion, leaving in its wake much bigger markets such as the Russian market, whose revenue only reached the €600 million mark. These numbers are estimated to grow further, which leads us to the question: what makes this industry so noteworthy? Lets know about the online casinos in Poland in this blog.
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Gambling in Poland
Poland, just like in most countries, has seen a surge in the number of players and companies entering the gambling market. Regardless of new and restrictive Polish Online Gambling Laws and Regulations being introduced, the industry continued to strive and grow exponentially. A quick look at the numbers shows how the industry generated revenue of €0.11 billion in 2015, a record that was quickly overturned by the same industry in 2018 when the revenue generated reached €1.82 billion. In 2020, this amount was incredibly nearly tripled with a revenue of €5 billion.
Polish consumers can consider themselves to be quite protected when compared to other countries due to the fact that land-based and online casinos and sportsbooks are included in Poland’s regulatory framework. However, Polish players can choose between state-owned brands or illegal casinos. This leads to a struggle for the authorities in dealing with illegal gambling or brands that attract customers through immoral methods.
Illegal gaming has a massive financial impact on the state treasury, aside from Polish citizens themselves. This is due to the belief that unregulated companies hold half the market itself. With taxes on sports betting reaching the heights of 12 percent, smaller companies find it more advantageous to operate in illegal manners rather than gain a license and act according to the laws. These companies turn towards Curacao or other less rigorous authorities for a license to operate in profitable circumstances.
The biggest difference between Poland’s gaming market and most other countries is its reliance on state-owned companies, including gambling venues and sportsbooks. Most games are at the mercy of a state monopoly. A state-owned operator ends up offering games such as cash lotteries, slots, telebingo and number games leaving online TLD companies with the possibility of only offering promotional lotteries and sports betting.
The state-owned bookie Totalizator Sportowy practically monopolised Polish sports betting whilst also holding a license for Online Cricket Betting ID and lotteries. Other online casino brands run by LTDs and licensed accordingly were brave enough to offer only two types of gambling. However, this also leads to players being unable to partake in deals and offers by high-caliber gaming giants such as Unibet or William Hill. These brands decided to withdraw from the market and refuse Polish customers, a course of action that other brands could easily decide to follow in the future.
Blocking unlicensed websites has been on the agenda of the Ministry of Finance for quite a while. In fact, the latter has managed to seize more than 60,000 slot machines in order to cater for the state monopolisation of the gambling market. Whilst the Polish industry is undoubtedly doing very well, we cannot help but question whether the increase in illegal brands will eventually overthrow the viability of state-owned companies considering the creative and exciting deals illegal brands are offering on a daily basis.
What Polish Players Need to Look for in An Online Casino
With all this information about the Polish gambling industry, you may consider the prospect of creating an account with an online casino that accepts Polish players. However, there are a few points that you should analyse before diving right in. Here is a list of things that you need to keep in mind to ensure that your gambling experience is as comfortable as sleeping on a memory foam mattress.
Before you dive in headfirst and make an account with an online casino, check where the license is from. In this regard, kasynopolskaonline.com can be extremely helpful. Gambling regulators that have spent years to gain a level of respect within the gambling industry would not be willing to hand out a license to an online casino that could potentially ruin their hard-earned reputation.
This implies that the licensing agency itself, having handed out a coveted license to an online casino, would have deemed that casino to be trustworthy. Licensing agencies such as the United Kingdom Gambling Commission, Gibraltar Licensing Authority, Malta Gaming Authority, and the Curacao Internet Gambling Association are all well-known gambling regulators, and one is ensured a quite safe and fair online casino if its license is issued by one of these agencies. You should always keep a lookout for the regulator through which the online casino has got its license to avoid possible scams or simply a bad gambling experience.
Nothing shines brighter than bonuses in tempting new customers to create an account. Online casinos often offer profitable Welcome Bonuses to gain the interest of Polish players. Finding the right Welcome Bonus rather than picking the first decent one you may encounter can get you off to a good start in the gambling journey you are embarking on. One should also check out wagering requirements attached to Welcome Bonuses. Some of these may be so ridiculously high that you would do better to just move along and check for an alternative.
Looking at banking options that are available is generally a very good idea. Some payment methods may accept Polish currency and that means you may be able to avoid conversion fees by using your own country’s currency. Before picking an online casino, going through the available payment methods, and ensuring the availability of a method that accepts Polish currency is therefore beneficial. The following is a list of payment options that accept Polish currency.
- Klik and Pay
When gambling from a different country, it is important to consider the reliability of customer support. This is particularly true for Polish gamblers. After finding an online casino that suits your tastes, it would be a good idea to go through some reviews to see whether customer support is deemed of good quality. If you encounter extremely bad reviews, finding a different online casino would probably be a better choice. One should also ensure the availability of a live chat, an email address, and a phone number for a clearer access to help required.