Spain Sees Rise In Online Gaming Revenue

September 4, 2019 by

Spain’s Q2 gross online gaming revenue (GGR) fell 8 perc ent from Q1 to € 178.4 million ($198.1 million), although it still depicted an increase of 7 per cent year-on-year. The regulator, La Dirección General de Ordenación del Juego (DGOJ), ascribed the drop primarily to a fall in sports betting, representing 48.5% of the complete GGR. The segment saw a 15% decline from Q1 to €86.5 million and a 1% decline year-on-year. Bingo saw a 6% decline from Q1 to € 3 m but a year-on-year increase of 8%.

Poker revenue also fell by 9% to € 19.4 million. This was ascribed by the DGOJ to a drop in tournament poker, which for the era saw a 12 per cent drop. Spain has nine certified poker operators, representing 10.9% of total income. An improvement in the use of online slot machines resulted in an increase in revenue from the casino sector to €69m, an increase of 4 per cent from Q1 and an increase of 22 per cent year on year. The casino section, with 38 registered providers, constitutes 38.7 per cent of Spain’s complete GGR.

Marketing spending for the period amounted to €82.5 million, an improvement of 1 per cent year-on-year. Expenditure reduced by 10% compared to the past quarter owing to a fall in patronage and publicity Looking at costs, gaming taxes and betting fees rose 1.7 per cent over the six months to € 148.7 million, while operator and supplier enjoyed an inventory change benefit of € 12.5 million.

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