NextGen Betting Forum: Regulators and Operators Unite Against Black Market

The NextGen Betting Forum underscored the critical need for a united front between regulatory bodies and responsible gaming operators to combat the burgeoning black market. Industry leaders and state representatives agreed that sustainable growth in the gambling sector hinges on ethical conduct and a commitment to societal well-being.

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Serious and large operators respect the legal framework.

This year's forum, the second of its kind, convened key stakeholders including government officials, sports representatives, influential companies from the gaming industry, and the broader expert community. Central to their discussions were the significant revenue the industry generates for the national budget, its role in supporting sports and local communities, and the paramount importance of responsible gambling practices. The focus was on ensuring that gaming is exclusively for adults and actively fighting against the grey and black markets.

Aleksandar Ilić, CEO of Mozzart, a prominent company participating in the forum, shared insights on the state of the betting industry in Serbia. He noted that recent legislative changes, while aiming for better regulation, have presented challenges for legal operators. Ilić pointed out that while the market has seen growth, it would have been more substantial without these new legal restrictions. He specifically highlighted that the online segment, a key driver of growth in other markets, has experienced a slowdown in Serbia.

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It is always important to talk about these important topics. The changes that came into effect last year have significantly impacted legal betting operators and can be said to have represented a challenge for the entire industry.

Ilić presented data indicating a deceleration in market growth, with average growth rates dropping from approximately 26% between 2022-2024 to 22% in 2024 and further to 15% in 2025. He attributed this slowdown partly to increased taxes, noting a potential 40% rise, which he described as possibly the largest in history. Despite these challenges, the forum concluded with a consensus that continued dialogue and collaboration are essential to navigate the complexities of the industry, protect players, and ensure a fair and regulated market.

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The average market growth between 2022–2024 was approximately 26 percent, in 2024 it was 22 percent, and in 2025 it dropped to 15 percent.