EGBA gambling operators process 1m online payments per day

The European Gaming and Betting Association (EGBA) says its members handled nearly 1m online payment transactions per day over the course of 2017.

This week, the EGBA released its 2017 report into its members’ activities in 19 European Union member states’ online gambling markets. EGBA members, whose ranks include digital giants Bet365, Betsson, GVC Holdings, Kindred Group and ZEAL, collectively hold 134 different online licenses, averaging 7 licenses apiece.

EGBA members currently have offices in 14 EU countries, employing over 33k staff in digital and high-quality jobs.

EGBA companies ‘contributed’ around €325m to sports federations, leagues and clubs – through sponsorships, advertising and sports rights – last year. Around €120m of this sports contribution was spent in Italy, so this figure is likely to dip significantly in future years, as that country’s new prohibition on gambling advertising takes effect.