Spain’s iGaming market continues to grow

Business News

The revenues of the online gaming market (GGR) in Spain during the first quarter of the year were 163.3 million euros, which represents a reduction of 5.69 percent compared to the previous quarter and an increase of 28.85% in relation to the same period of 2017.

This is shown by the data published by the Directorate General for the Regulation of Gambling (DGOJ), in its report on the online gaming sector, which also indicates that the betting segment has a growth rate over the same quarter of the previous year of 15.89%, with some restraint compared to what was experienced in previous years (20.38% in 2015, 30.33% in 2016, 20.48% in 2017).

The growth is due exclusively to the counterpart sports bets, both conventional bets that grow 13.35%, and live bets with growth of 18.84%.

Bingo has also experienced growth this quarter with an annual variation rate of 29.87%. This keeps the trend that began in 2016, a quarter in which there was a 9.80% growth that remained in 2017 with a growth of 23.10%.

In the casino segment, the highest growth occurred in the first quarter of 2018 with an annual variation rate of 51.02%. This situation occurs since 2015 with annual growth rates in the first quarter of 38.62% in 2015; 105.04% in 2016; 49.00% in 2017. This growth is mainly due to the behavior of the machines of chance since its launch in production in 2015 and has led to increasingly higher market shares of the casino compared to the rest of the segments.

Competitions experience a drop of 80.20% in the annual variation rate. This segment exhibits an irregular behavior with annual variation rates in the first quarter of -47.91% in 2015; 88.53% in 2016; -37.83% in 2017. The overall result is that the market share of the competitions with respect to the rest of the segments is decreasing.

The poker presents this first quarter behavior somewhat different from previous years, since with an annual variation rate of 41.59% for the first time achieved a growth close to the rest of the games. This seems to reverse the downward trend of previous years already weakly started in the first quarter of 2017 (the annual variation rates in the first quarter were -5.00% in 2015, -12.03% in 2016, 2, 51% in 2017).

In all the years a better behavior of the tournament poker is observed than of the cash poker; In this first quarter there was a positive rate for the first time in both the cash game (29.95%) and the tournament game (50.23%).

Marketing spending in the quarter was 76.26 million euros, with an annual growth of 35.79% and broken down into affiliate expenses € 6.26 million; € 3,16 million sponsorship; promotions 25,39; and advertising € 41.45 million.

The monthly average of active users is 796,331, which implies a growth of 24.36% with respect to the same quarter of the previous year. The monthly average of the new registers is 267,856 users, with an annual growth of 27.87%.