LATEST SPANISH ONLINE GAMBLING STATS
01st June, 2013 at 06:14:17
Flat performance reported by regulator
The Spanish regulator DGOJ has released its numbers for the online gambling sector's Q1-2013 performance, showing a flat trajectory suggestive of the dot.es industry reaching something of a plateau.
The report shows that gross gaming revenues in the Spanish market (which has not yet authorised online slots) reached Euro 60.4 million in the quarter, around Euro 1 million less than was the case in Q4-2012. Wagering was up slightly - but less than 1% - reaching Euro 1.37 billion.
New player acquisition also declined in the first three months of this year, with the monthly average falling to 51,342 vs. 72,453 during Q4- 2012 and 107,353 in Q3-2012.
The regulator acknowledges that market growth appears to have tailed off following a strong start to a more liberalised regime a year ago.
Sports betting contributed almost 50% of the market GGR - a slight increase over the preceding quarter; bingo declined further and cash poker was more or less the same, although tournament GGR grew.
Sports betting also equalled cash poker in terms of amounts wagered, reaching 34% of the total Euro 1.37 billion staked.
If Spanish online gambling has indeed plateaued, the government may have to devise additional tactics to generate lift; legalising online slot and betting exchange activity are obvious measures, and the Spanish are known to be discussing player pooling possibilities with France and Italy.
Related News Tags: Spain