ITALIAN ONLINE CASINOS PERFORMED WELL IN MAY
07th June, 2016 at 09:21:19
Year-on-year revenue increase in May was 30.3 percent.
Operators in the Italian online casino market have reported outstanding results in May, according to the latest information from the Italian media agency Agimeg, which reports official figures showing that on a year-on-year basis the vertical delivered revenues up 30.3% at Euro 34.7 million.
The results underline continuing positive progress for online casino action in Italy, with an aggregate rise of 35.6% (y-o-y) over the first five months of 2016.
Lottomatica leads the online casino sectior in Italy with 12.2% market share, followed by Sisal (9.2 percent), William Hill
(6.9 percent), Gala Coral
's Eurobet (6.1 percent) and Pokerstars (5.8 percent).
The online poker vertical delivered a more mixed performance, with tournament revenue from entry fees up 7.7% in May at Euro 6.1 million, and up 18.6% in the first five months of this year at Euro 38.4 million.
However, a less encouraging picture emerged in the cash game sector, with May revenues declining 9.6% to Euro 5.9 million, and a similar dismal result over the first five months of 2016, where a decline of 15.7% was recorded.
Pokerstars continued to dominate the cash game market in May 2016 with a 47.6% market share, with Lottomatica trailing in second place on just 7.6 percent.
On the tournament front, Pokerstars held 72.8% of the Italian market in May, followed by Lottomatica (6.1 percent) and Snai (3.9 percent).
The Italian sportsbetting vertical remains the domain of Bet365
, which has a strong market lead.
Related News Tags: Pokerstars, Italy, Bet365, Coral, Gala, William Hill