Our country report on Montenegro has been featured in the latest edition of G3 Magazine!
Montenegro’s gambling market is a growing hub in the Balkans, offering diverse opportunities for operators. The country regulates land-based and online activities under a structured licensing framework, making it attractive for businesses aiming to expand in Southeastern Europe.
Montenegro’s gambling market is a growing hub in the Balkans, offering diverse opportunities for operators. The country regulates land-based and online activities under a structured licensing framework, making it attractive for businesses aiming to expand in Southeastern Europe.
Key Insights
Licensing Framework
Montenegro offers licenses for multiple gambling verticals:
License terms vary, with casinos granted 10-year terms, while sports betting and slot machine licenses have three-year terms. Financial stability and risk deposits are mandatory.
- Land-Based Casinos and Slot Machines: Governed by public tenders and subject to strict financial and operational criteria.
- Sports Betting: Includes land-based and online formats.
- Online Gambling License: Linked to a land-based license, covering e-gambling Montenegro activities like online casino Montenegro operations.
License terms vary, with casinos granted 10-year terms, while sports betting and slot machine licenses have three-year terms. Financial stability and risk deposits are mandatory.
Taxation and Fees
Monthly gambling taxes are applied per vertical:
Operators also face annual license fees and one-time mandatory payments.
- Online Gambling: 10% GGR.
- Land-Based Casinos: 15% GGR.
- Sports Betting: 10% GGR.
- Slot Machines: 10% GGR.
Operators also face annual license fees and one-time mandatory payments.
Advertising and Compliance
Montenegro’s advertising laws prohibit foreign gambling promotions and mandate clear warnings for minors. Responsible gambling practices are prioritized through strict compliance measures.
Market Dynamics
The Montenegro gambling market benefits from its coastal tourism hubs, like Budva and Kotor. Recent 2024 legislative amendments have improved regulatory oversight, particularly for online gambling, making the market more robust. However, the rigorous licensing process and high entry costs pose challenges for smaller operators.
Explore the full report on Montenegro gambling licenses and market trends on G3 Magazine website here.
Explore the full report on Montenegro gambling licenses and market trends on G3 Magazine website here.
