Spain online gaming revenue up 7% for Q2

By Owain Flanders

Spain’s Q2 online gross gaming revenue (GGR) fell 8% from Q1 to €178.4m ($198.1m), although this still represented a 7% year-on-year rise.

The regulator, La Dirección General de Ordenación del Juego (DGOJ), attributed the drop mainly to a decrease in sports betting, which represents 48.5% of total GGR. The segment saw a 15% fall from Q1 to €86.5m and a year-on-year drop of 1%.

Bingo saw a 6% fall from Q1 to €3m but a rise of 8% year-on-year. The segment represents 1.7% of Spain’s total GGR, with only three licensed operators in the market.

Poker revenue also dropped 9% to €19.4m. The DGOJ attributed this to a decrease in tournament poker, which saw a 12% fall for the period.

There are nine licensed Poker operators in Spain, representing 10.9% of overall revenue.

An increase in the use of online slot machines led to a rise in casino sector revenue to €69m, a 4% increase from Q1 and a 22% growth year-on-year. The casino segment represents 38.7% of Spain’s total GGR, with 38 licensed operators.

Marketing spend for the period was €82.5m, a 1% year-on-year increase. Expenses decreased 10% from the previous quarter due to a drop in sponsorship and advertising.

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