Spanish Online Gambling Up 22.6% to €121.3M in Q2

Spanish Online Gambling Up 22.6% to €121.3M in Q2The Spanish online gambling market generated online gambling revenue of €121.3 million for Q2 of 2017, marking a 22.6% improvement compared to the same quarter of 2016. Compared to the previous quarter, however, revenue actually fell by 4.5%, according to the latest result released by the Spanish gaming regulator DGOJ.
Furthermore, active online gamblers increased by 7% to 646k in Q2, compared to the same quarter in 2016, even as marketing spend was lower by 16% to €25 million, and bonus offerings fell by 14% to €21.2 million.
Leading the market in the three months ending June 30th was the sports betting vertical, which saw its revenue increase by 12.3% to €60.1 million year-on-year, with live betting representing 68.5% of all revenue. The overall positive figure is even more impressive considering a difficult comparison in which in Q2 of 2016 the month-long UEFA Euro 2016 was taking place in France.
Generating the next highest revenue was the online casino vertical, which soared by 52.5% to €42.9 million versus Q2 of 2016. From that tally, slots revenue increased by a massive 84% to €21.5 million, roulette was up by almost 66% to €9.5 million, RNG roulette up by 11.5% to €6.8 million, and blackjack noted a solid improvement of 10.2% to around €5 million.
Even the online poker sector posted positive results, with revenue up almost 5% to €14.4 million compared to Q2 of the previous quarter, but lower by 5% versus Q1 of 2017. Similar to recent global trends, cash games noted a contraction in its stakes, in this case by 5.5%, while tournament entry fees travelled in the opposite direction, with stakes higher by 16.5%.
The online poker sector is set for further gains going forward, too, as Spain, France, Italy and Portugal are currently arranging a shared poker liquidity pool across their various countries, which should be operational by the end of the year. These countries initially set up ring-fenced poker markets, but failed to take account of the liquidity requirements needed in order to maintain a sustainable business model.

Poker News
west virginia online poker
14 Mar 2019
Online gambling could soon be legal in West Virginia as long as the state’s Governor doesn’t decide to throw a last-minute wrench into the process. House Bill 2934, which would legalize all forms on online gambling in the state, including online poker and casino gaming, passed a vote in the Senate earlier this week. The
Switzerland Prepares For June 10th Legalized iGambling Referendum
04 Jun 2018
On June 10th, Switzerland will hold a national referendum to decide whether the ‘Money Gaming Act’ passed by the Swiss Parliament in September 2017 can be implemented next year in its present form. The piece of legislation paves the way for land-based casinos and local partners to offer legalized online gambling in Switzerland, although a
Spanish Online Poker Revenue Jumps 27% in Q1
03 Jun 2018
In January, Spain and France started pooling their online poker players in an attempt to revive an industry decimated by the ring-fenced policies adopted by their respective governments. If they were ever in any doubt as to the validity of their move, the results for the first three months of 2018 will certainly have allayed
Aussie State of Victoria to Charge 8% Online Betting Tax
27 May 2018
The Government of Victoria in Australia has announced that it intends to place an 8% tax rate on online betting companies offering their products within the south-eastern state’s borders. Currently, Victoria’s online racing and sports industry is worth around AU$1.2 billion, but domestic operators are at a disadvantage compared to foreign operators who have thus