Online gaming grows in Portugal in Q4 2025, while land-based segment declines

The Gaming Regulation and Inspection Service (SRIJ) published the latest data on gambling activity in Portugal, highlighting relevant trends for operators and international industry stakeholders.

In the online segment, performance was positive, with a 4.5% increase in gross gaming revenue compared to the same period in 2024. This growth reinforces the consolidation of the digital channel as a strategic driver of the regulated Portuguese market, in line with global trends of players shifting դեպի online platforms.

Sustained growth in digital

The evolution of online gaming in Portugal confirms the sector’s increasing maturity, driven by an expanding user base, a broader product offering, and advances in technology and user experience. For international operators, the Portuguese market continues to represent a relevant opportunity within the regulated European landscape.

Decline in land-based gaming

In contrast, the land-based gaming segment recorded a decline during the period under review. Gross revenue generated by casinos and slot machine halls fell by 3.8% compared to the fourth quarter of 2024.

Meanwhile, the bingo sector also posted negative results, with a 2.3% decrease in gross revenue year-on-year. These figures reflect the challenges faced by physical operations, including changes in consumer behavior and increased competition from the digital environment.

Outlook for the sector

The data from the fourth quarter of 2025 reinforce a clear trend in the Portuguese market: the ongoing digitalization of the gambling industry. While online gaming continues to expand its relevance, land-based operators face the need for strategic adaptation to remain competitive.

For investors and global companies in the sector, Portugal remains a stable regulated market, with consistent online growth and potential for innovation through hybrid models that integrate digital and land-based experiences.