GCI report estimates unlicensed operators earned €91.6bn in EU in 2025
A report by Gaming Compliance International (GCI) for the Campaign for Fairer Gambling estimated that unlicensed online gambling operators generated €91.6bn in gross gaming revenue across the EU in 2025. The report put this at 72% of a €128bn total market and estimated €22bn in lost tax revenue. It also estimated that 6,238 unregulated operators and 17,501 affiliates supported the activity.
The estimates quantify the reported scale of unlicensed competition and its potential tax impact across EU markets.