Spanish Uptick For Online Gambling

SPANISH UPTICK FOR ONLINE GAMBLING

02nd June, 2015 at 13:10:15
Source: http://www.azonlinecasinos.com

Official numbers show turnover up 24.5% year-on-year.

Official DGOA figures just released this week in Spain, show that there has been a welcome uptick in the online gambling market in that country, with year-on-year Q1-2015 turnover up 24.5% to almost Euro 2 billion.

The statistics show that GGR in the first quarter of this year reached Euro 77.4 million, up 18% on the preceding quarter, and better by 13.4% on Q1-2014.

The number of active players per month also grew, reaching 393,029, a year-on-year increase of 10.4 percent.

By contribution, betting delivered 50.2% of revenues; online poker 25.2 percent; online casino gaming 23.7 percent; bingo 0.9% and other elements 0.06 percent.

The approval of the regulator for online slots to be added to online casino inventories this year is likely to further boost revenues, hopefully offsetting the impact of a stagnating online poker vertical.

The report notes the licensing for Spanish internet operations of Eurobet, Betclic, SKS365, Betcris, Novomatic, Gauselmann, Recreativos Franco, NetEnt and Bally Interactive.

PokerStars, 888, bet365, William Hill and Bwin continue to dominate the m arket, between them holding 90% market share.

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