greentube.gif
greentube.gif
greentube.gif
CLOSE
× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine GGA 2017 AffiliateCon
NEWS 13 February 2018
Spain’s online gaming revenue jumps 38% in the final quarter of 2017
By Caroline Watson
In 2017’s fourth quarter, Spanish online gaming revenue increased by a whopping 38% according to the Dirección General de Ordenación del Juego (DGOJ), showing gains across all of the key verticals.

Revenue during the three months ending 31 December, 2017, generated €173.3m, up 38% on the corresponding period a year prior. Furthermore, the fourth quarter revenue figures also posted an increase of 23.5% on the total collected in the third quarter of that year.

Sports betting continued to be the main source of income, with a €103.6m contribution to the total, up 48.5% from the period in 2016.

Moreover, live betting accounted for 68.4% of Q4’s sports betting turnover, but only 51% of betting revenue.

Casino revenue also posted a year-on-year increase of 37.4%, totalling at €49.4m.

Roulette (combined live and conventional) was the dominant casino product, accounting for 45.8% of spending and 35.4% of revenue. Slots ranked second on the casino spending chart with 39.5% but claimed 52% of casino revenue.

The DGOJ also showed that active customer ranks improved nearly 12% year-on-year to over 676k, while customer deposits soared by 53.2% to €495.5m.

The active customer figures are somewhat surprising, due to operators cutting their Q4 advertising spend by 1.4% to €31.3m in that quarter.

Nonetheless, bonus offers to customers were up 13.1% year-on-year to €21m, whilst sponsorship expenses more than doubled to €3.15m and finally, affiliate marketing expenses hiked up 38.6% to €7.5m.
RELATED TAGS: Online | Industry | Sports Betting | Marketing | Financial | Bingo | Poker | Casino
DISCUSS THIS ARTICLE
IN-DEPTH 12 July 2018
Harald Neumann: Focusing on the future
Harald Neumann is the CEO of NOVOMATIC, one of the world’s largest gaming technology providers and casino operators. He explains how this duality differentiates the business, and shares his exciting plans for expansion in the US
READ MORE
PREMIUM CONNECTIONS