Record Turnover At The Bookies In Croatia

Last year Croats spent a record 5.45 billion kuna (700 million euros) at the bookies, up 16% from the previous year, reports website Tportal.

Despite the increase in the amount spent at betting shops around the country, bookmakers profits were down 11% on the previous year. Tportal reports that the statistics show that punters in the country had better luck than in 2011, and also in an attempt to gain customers, the bookies had offered better odds and cut their profit margins. Last year the nations bookmakers filled the state coffers to the tune of 290 million kuna (40 million euros), according to data from the tax office.

Super Sport were once again the nation’s leading bookmaker when it came to revenues. Last year the company generated 335.73 million kuna (45 million euros) in revenue, down 14% on 2011. Super Sport’s profits were also down in 2012 by 28% to 138.24 million kuna (19 million euros).