During the last quarter the value of wagers placed on sporting events was €1.06 billion, which is also a record for quarterly turnovers. The overall revenue generated for the quarter was €215 million, a jump of 32%. The number of active punters also increased by 39% to an average of 546,000 each week.
Volleyball posted the biggest gain percentage of all sports, with an impressive €18.8 million in bet values, registering a robust growth of more than 100% from Q4 of 2017.
Football remained the most popular game for betting, as it generated a turnover of €663 million. The figure marked an increase of 54%. It was followed by basketball which came a distant second with €162.7 million in bets value. The third most popular market among punters was tennis which realised a turnover of €111.4 million, marking a 70% improvement.
Online poker and horse racing did not record high turnovers as the other markets. The revenue from poker dropped by 1% to €65 million, and tournaments seemed to rake in more profits than cash games. However, the number of active players per week increased by 2% to 256,000.
Source: GMB / Europeangaming.eu
