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The Balkan state of Montenegro became an independent country in 2006 when Serbia and Montenegro dissolved their confederation.  Montenegro has adopted its main gambling law from Serbia, the Law on Games of Chance 2004.

Montenegro aims to join the EU, with accession negotiations beginning in June 2012. It became a NATO member in 2018.

Montenegro's diverse gambling market currently consists primarily of casinos, slot machine clubs, lottery products, betting shops and an online market, regulated in a concession system by the Games of Chance Administration.

There are three entities holding casino licenses in Montenegro: Casino Avala, Maestral Hotels and Casinos and Džek Pot, which operate several premises between them.

Maestral Hotels and Casinos, which joined the ECA in February 2017, reported revenues of € 31m, 115 employees and 43.000 visits in 2018.

Total revenue for Montenegro’s casinos was approximately € 18m in 2017, 0,42 percent of GDP.

Permission to offer online games is available to business organizations that hold a license to operate games of chance in Montenegro, as stipulated in Article 10 in the Law of Games of Chance. Permission for online gambling is subject to the explicit approval of the Games of Chance Administration in accordance with Article 9 of the law.

Amendments to the gambling law are planned for introduction in the beginning 2019, which offer clarification on issues like organization of lottery games, improving enforcement of the gambling age limit, extended online supervision and measures to disable foreign and unlicensed gambling websites, as well as abolishing the high fees of €2m for establishing new casinos.

Measures to levy VAT on gambling and a tax on players’ winnings, first introduced in 2014, have recently been shelved. The Ministry of Finance confirmed in September 2018 that these taxes will not be enacted as per current legislation.

ECA MEMBERS

ECA MEMBERS :    Text currently being updated

NUMBER OF CASINOS

2017 1
2016 1
2015 1
2014 1
2013 1

NUMBER OF EMPLOYEES

2017 98
2016 280
2015 84
2014 85
2013 88

TERRESTRIAL CONSUMER PROTECTION / SOCIAL RESPONSIBILITY MEASURE

Text currently being updated

 

Legal Gambling Age:Text currently being updated

Smoking Ban: Text currently being updated.

THE REGULATED MARKET

NATURE OF THE CASINO MARKET

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REGULATED CASINO GAMES

Text currently being updated

 

RESPONSIBLE REGULATOR FOR TERRESTRIAL AND ONLINE CASINO GAMES

Text currently being updated

THE ILLEGAL MARKET

Size of Illegal Gambling Market:Text currently being updated

Market Protection Measures / Tools to Tackle Illegal Gambling:Text currently being updated.

IN THE CASINO

NUMBER OF CASINO VISITS (in 000s)

2017 31
2016 43
2015 56
2014 57
2013 61

REVENUES (GGR & Tips EUR Million)

2017 10 million
2016 11 million
2015 11 million

HIGH-LEVEL MARKET DATA

Currency: Euro

Population: 622,390
(Source:The World Bank)

GNI (2014, Local Currency, Millions): 3 718
(Source: Eurostat)

Internet Penetration (Internet Users):64,6 %
(Source: The World Bank)

Mobile Penetration (Mobile Cellular Subscriptions): Text currently being updated
(Source: The World Bank)

Doing Business Ranking (June 2015): 51
(Source: World Bank Group)

Prepared by :

Last Updated: May 2019