HomeGambling IndustrySpanish market sees Q2 gambling revenue rise year-on-year

Spanish market sees Q2 gambling revenue rise year-on-year

ONLINE GAMBLING23 Sep 2021
Iqbal Johal
2 min. read
image1.jpeg

Gambling revenue in Spain increased by 3% year-on-year for the second quarter of 2021.

Figures from Spanish regulator the Directorate General for the Regulation of Gambling (DGOJ) showed that revenue for the three months up until 30 June 2021 was €216m ($253m) representing a slight increase on last year’s results. However, this was 10% lower than Q1.

Casino revenue made up the majority of the overall figures, bringing in €99.9m which was 46% of the total share and a 7% rise from last year. €92m came from sports betting which made up 46% of the overall total and was a 35% increase from the same period last year. However, this was 17% lower from Q1 but the European football season winding down from May could be the reason for this. As a result, conventional counterpart sports bets fell 9% from Q1. Elsewhere, €3.27m of the market’s overall revenue generated from bingo and €20.34m in poker.

Players deposited €675.6m during the period which was up by 42% from last year. There was an 11% decrease in the amount of monthly active gaming accounts from Q1, down to 991,196, which was 54% lower than the year prior. But there was a 68% yearly increase in the monthly average of new accounts, up to 231,167.

Overall marketing spend was €128.41m for the quarter, with marketing expenses 13% lower than Q1.

The Spanish gambling market was regulated in 2011 and there are currently 80 operators offering online gaming services in the country.

Last November, the Spanish Government passed the Royal Decree on Commercial Communications. This prohibited gambling sponsorship on premises, sports teams or competitions, stopped welcome bonuses and limited commercial audio-visual advertisements to between 1am and 5am.


Image: UnSplash.com

23 Sep 2021
Iqbal Johal
2 min. read
Comments
Nobody has commented on this article yet. Be the first one to leave a comment.

Send us a tip

Would you like us to cover a specific story? Send it to us!

Latest gambling news right in your inbox

Subscribe to our newsletter and receive a weekly dose of the most important events from the gambling industry.
Stay up to date
Would you like to be notified about latest gambling news and updates?
Allow