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Serbia: Operators pay record RSD 28bn to the budget

From 2018 to 2025, the state’s revenues from gambling fees grew by 263.4%, equalling a 3.6-fold increase.

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Key Points
In 2025, Serbian gambling operators paid over RSD 28bn ($273.1m) in fees and taxes to the budget
This is an increase of 35% YoY
The 2025 rise partly reflects law changes at the end of 2024 that increased operators’ fees

According to the latest data from the Serbian Gambling Administration, in 2025, gambling operators paid over RSD 28bn ($273.1m) in fees and taxes to the Serbian budget, setting a new record. This represents an increase of almost 35% year-on-year.

The largest portion of the total amount comes from land-based slot machines, which account for 40.3%. Following this are online betting at 34.8%, land-based betting shops at 14.5%, the National Lottery at 7.5%, land-based casinos at 2.3% and prize games at 0.6%.

Taxes paid for land-based casino games reached nearly RSD 650.7m, marking a 76.62% increase year-on-year. Fees from land-based slot machines totalled RSD 11.3bn, up 37.24% from the previous year. Taxes from land-based betting contributed RSD 4bn to the budget, a 20.25% increase year-on-year. Additionally, operators of online gambling paid almost RSD 9.8bn, representing a 52.66% rise compared to 2024.

The total fees paid for organising  "classic games of chance" amounted to approximately RSD 2bn. "Classic games of chance," according to the Serbian Gambling Law, typically include lotto, bingo, scratch cards and ticket-based games such as tombola, operated by the National Lottery.

Total fees paid to the budget by gambling operators have been rising steadily since 2018. From 2018 to 2025, budget revenues from gambling fees increased by 263.4%, or 3.6 times.

However, the increase in 2025 is partly due to changes to the Gambling Law adopted at the end of 2024. These changes increased the operators' taxes and fees.

Of course, gambling operators were dissatisfied with the amendments to the law, which introduced high levies, but their objections were mostly rejected. The Government, however, considered the decision economically justified.

Good to know

From 2018 to 2025, the state’s revenues from gambling fees grew by 263.4%, equalling a 3.6-fold increase

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