During the quarter there were 911,218 active accounts over the month, up marginally year-on-year, though new account sign ups grew 5.6% to 289,340.
Turning to revenue by vertical, sports betting led the way, with its €110.6m contribution up 8.7% year-on-year and accounting for 50.8% of the quarterly total. This was driven by fixed-odds betting, for which revenue was up 13.1% to €46.3m.
The biggest rise - though from a low base - was in fixed-odds betting on other events, which saw revenue jump 91.3% to €1.8m.
For casino, revenue was up 16.8% at €77.6m. Slots contributed €43.2m, up 15.7%, while the biggest year-on-year rise was recorded for live roulette, which saw revenue grow 35.6% to €18.4m. Standard online roulette also performed strongly, with revenue up 16.7% to €10.7m.
Poker, a product that has enjoyed a return to prominence amid the sporting shutdown, saw revenue grow 13.1% at €24.2m.
Marketing investment by operators rose 28.3% in Q1 to €118.2m, with the biggest increase in spending coming for bonusing, up 45.9% to €42.4m. This broke down to €20.0m in bonuses awarded as prizes, and €22.3m in monetary bonuses such as sign-up offers. This second category is to be banned, however, under new advertising rules notified to the European Commission this week.
Source: iGB
