Lotteries in Slovakia. The business legislation in the lotteries segment and selected Slovakia’s region population’s relationship to gambling

Abstract

BACKGROUND: Lotteries are probably the most geographically widespread and one of the most profitable types of gambling in terms of revenue in the selected country. Players in Slovakia can place a bet in 9 lotteries, including additional games. AIMS: The main goal of this paper is to present potential conditions for the development of lottery business in the Slovak Republic, including legal definitions of lottery types, legislative restrictions and state regulation. A separate part of the paper is dedicated to analysing the results of a questionnaire research aimed at finding out the preferences of selected types of gambling. METHODS: The study was carried out in Slovakia and focused on lotteries. Data collection took place from 1st March 2020 to 1st April 2020. Chi-square test and Z-score were used to assess selected hypotheses. RESULTS AND CONCLUSION: Interesting findings have emerged from the research. The questionnaire’s possible reach was 7,537 people during the one-month data collection, with the return of 129 (1.71%) responses. In total, 33.3% of respondents take part in gambling, 20% of respondents place bets in lotteries (60.5% of gamblers) and the most common form of placing a bet is through a terminal (80.8% of players) – in a facility. There are no significant statistical differences in terms of the respondents’ geographical domicile on the frequency of gambling, participation in any types of games or the average amount of the deposit, invested in gambling. In addition to the specific form of the corporation specified by the legislation – the national lottery company – it is possible to operate only a bingo-type lottery to other business entities. For this reason, business in the lottery segment in Slovakia is minimal for other companies. © 2020, Sdruzeni SCAN. All rights reserved.