Szerencsejáték revenue rose 21% last year
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Revenue of state-owned lottery company Szerencsejáték rose around 21% to more than HUF 700 billion last year, CEO Alex Bozóky said in an interview published in business daily Világgazdaság.
Bozóky said more than HUF 480 bln of the turnover was paid back in winnings, while the company's tax payments and dividend came close to HUF 130 bln. The lottery company's digital channels gained ground in 2021, but turnover at the company's 7,700 bricks-and-mortar sales points also climbed, close to 20%.
For the first time, betting on sports generated more than half of Szerencsejáték's total revenue, the CEO said. "A further dynamic expansion is expected within the portfolio, in line with global trends," he added.
Bozóky said Szerencsejáték's entry into foreign markets with the launch of its BetRing brand in Slovakia could provide the foundation from which to give the company a regional role.
"Our presence on Slovakia's online sports betting market is of historical significance for us. It is one of the most important elements of our mid-term strategy, that the company take on a modern role at the regional level," he added.
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