Reading Time: 2 minutes
The Direccion General de Ordenacion de Juego (DGOJ) – Spanish Directorate for Gambling Regulation – has recently published its latest quarterly report on online gambling in the country, referring to the period January to March 2020.
According to figures from the regulator, the Spanish internet gaming sector recorded a strong performance during the three-month span, with all verticals contributing to increased revenues both on a year-on-year (12.5%) and on quarter-on-quarter (18%) basis.
In the first quarter, Gross Gaming Revenue (GGR) reached barely €218m, with sports betting leading the way. Despite the suspension of sporting events in the country from mid-March, this vertical contributed with €111m, accounting for 51% of the total while recording a yearly growth of 8.7%.
The sports betting revenue was primarily driven by in-play betting with €61.3m up to March, as well as fixed odds betting; which accounted for €46.3m and rose 13% compared to the same quarter of the previous year.
Casino, poker, and bingo… on the rise as well
The online casino segment recorded a GGR of €78m, up 16% year-on-year. The biggest rise within this vertical was Live Roulette, up 35% to contribute with €18.5m, but Slots remain the largest contributor with €43.2m – 55% of the total revenue for casino.
Poker, a vertical that has enjoyed a worldwide boom during the sports suspension, increased its contribution to the Spanish online gambling revenue to €24.2m in the first quarter, with 13% growth in inter-annual terms.
The remaining verticals, bingo,