Spain’s regulated iGaming market reports strong year-on-year growth

Business News

The net gaming margin in the online gaming sector in Spain, during the second quarter of the year reached 167.2 million euros, representing an increase of 2.33% compared to the previous quarter and a rise with respect to the same quarter of 2017 of 40.15%, according to the report issued by the General Directorate for the Regulation of Gambling (DGOJ) of that country.

The €167.2 million are distributed in 87.60 million euros in Bets (52.40%); € 3.28 million in Bingo (1.96%); € 56.52 million in Casino (33.80%), 0.34 million euros in Contests (0.21%) and € 19.45 million in poker (11.63%).

The betting segment has a growth rate compared to the previous quarter of 7.07% and 46.68% with respect to the same quarter of the previous year. The growth is mainly due to the conventional counterpart sports betting that grew by 32.75%, a development closely linked to the celebration of the 2018 Football World Cup Russia. Live betting decreased by -7.07% compared to the previous quarter .

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