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Spain revels in further online gaming revenue growth

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The Spanish online gambling market continued to expand in the third quarter, as national gambling regulator Dirección General de Ordenación del Juego (DGOJ) revealed year-on-year and quarter-on-quarter revenue growth.

For the three months to September 30, revenue from the regulated market came in at €140.5m ($163.6m), 37.3% more than in the third quarter of last year and 16.6% higher than the second quarter of the current year.

Sports betting revenue hiked 37% year-on-year to just under €77m, while online casino revenue also increased by 54.2% to €43.9m in the quarter.

Slots remain the main source of income for the online casino sector, contributing €22.3m, or 50.9%, to the overall revenue figure, with live roulette in second with €9.1m.

Elsewhere, online poker showed signs of improvements with revenue from this section of the market heralding revenue of €14.7m, up 6.8% on last year.

In addition, bingo revenue increased 30.5% year-on-year to €2.9m.

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