MAR 23 DE ABRIL DE 2024 - 19:49hs.
Revenues 25.5% up

Betting and casino boost igaming in Spain

Spain’s igaming regulator La Dirección General de Ordenación del Juego (DGOJ) has published the financial reports of 2018. According to the official figures, total market gross gaming revenue increased to €669.3m, with customer deposits rose by 53.5% to €2.5bn. Sports betting and casino boosted gaming revenues by 25.5% when compared to last year.

Sports betting GGR was up by 18.1% to €365.1m, accounting for 52.2%of the market total. Players wagered €7.0bn on sports during the year, a 27.8% rise from 2017, with in-play betting proving particularly popular.

Live betting accounted for €4.8bn – or 68.3% – of amounts wagered, followed by pre-match, fixed-odds betting which was responsible for €2.0bn (28.9%) of stakes.

While betting was the largest vertical in terms of revenue, casino grew rapidly in 2018, with GGR up 38.9% to €238.0m, giving it a 34.0% share of the Spanish market. Players staked €8.2bn on casino games, up 33.1% year-on-year, predominantly playing slots.

Slot machines accounted for €130.2m of revenue, up 50.6%, far ahead of the second most popular game, live dealer roulette, with generated revenue of €47.1m.

Spanish poker, boosted by the cross-border network with France and Portugal, enjoyed a strong year. GGR was up 37.1% to €81.8m, with cash game stakes and tournament fees rising 31.1% to €2.1bn.

Source: GMB / Europeangaming