Online gambling profit and gross gaming revenue fall in Spain

Spain’s gambling regulator Dirección General de Ordenación del Juego (DGOJ) has issued 2019’s second quarterly report on the evolution of the online gambling market during the three-month period between April and June 2019. Gross Gaming Revenue (GGR) amounted to EUR 178,35 M (USD 198.7 M), a 7.85% fall as compared to Q1 and a 6.69 % rise from the same period in 2018.

Other figures such as deposits and withdrawals’ variation rates were also down against the previous quarter. Marketing expenditure fell by 10.3 %, and new accounts were also down as compared to the previous quarter as well as year-on-year (YoY).

GGR (EUR 178,35 M) is broken down into the following segments: Betting, which amounted to 86.45 million (48.47%); Bingo, to 3.03 million (1.7%); Casinos, to 69.04 million (38.71%); Contests, to 0.47 million (0.26 %); and Poker, to 19.36 million (10.86 %).

The Betting segment dropped by 15.08% against Q1 2019 and 1.32% YoY. The variation was driven mainly by pre-match and live sports betting, which were down 31.76 % and 4.55 %, respectively, Quarter on Quarter (QoQ).

The Bingo segment fell by 5.88% QoQ and 7.74% YoY.

The Casinos segment saw a 3.97 % QoQ rise and was also up 22.24% YoY.

The Contests segment was down 49.98 % as compared to Q1 2019 but grew by 36.89% YoY.

Finally, the Poker segment dropped by 8.55% QoQ and 0.45% YoY.