International edition
September 21, 2020

Revenue fell 6.3% year-on-year to USD 74.5M in the three months ending June 30

Spain's regulated online gambling market contracts despite new slots options

Spain's regulated online gambling market contracts despite new slots options
Spain’s regulated online gambling market contracted in Q2 as all verticals except casino suffered revenue declines.
Spain | 08/13/2015

Spain’s regulated online gambling market contracted in Q2 as all verticals except casino suffered revenue declines.

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ccording to figures released by the Dirección General de Ordenación del Juego (DGOJ), Spanish-licensed online gambling operator revenue fell 6.3% year-on-year to €66.7m in the three months ending June 30 despite a 29% gain in gambling turnover.

The dominant sports betting vertical saw stakes rise 51% to €1.01b but punter-friendly results pushed sports revenue down 2.3% to €31.1m. Pre-match wagering revenue was down 3.8% and its share of the total sports pie fell to 25.3%. Live betting’s share rose to 71.7% (€22.3m) while horseracing contributed a mere 2.7%.

Poker’s popularity continued to erode, with revenue down 6.6% to €14.4m. While tournament revenue improved 35% to €7.1m, cash games fell 28% to €7.3m. Bingo mirrored poker’s decline, falling to €1.85m while the ‘contests’ segment fell 11.7% to just €800k.

The casino vertical saw turnover rise nearly 62% thanks to the belated introduction of online slots play. Total casino revenue hit €14.6m, up 59.1%, with slots play contributing €1.2m to the total, which is pretty respectable considering the product was only made available in the final month of Q2. Roulette remained the casino king at €6.2m, followed by blackjack (€4.2m) and live roulette (€3m.).

The overall online market enjoyed a 22.5% rise in customer deposits despite operators spending 19% less on “advertising, sponsorship and promoting” and 10.2% less on affiliates. But bonus offers leaped 89% as operators attempted to compensate for a lack of a marquee football tournament after last year’s FIFA World Cup.

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