Online Games

Spanish online gaming GGR rises despite fall in sports betting revenue for Q2

Tuesday 20 de October 2020 / 03:08

⏱ 2 min read

(Spain).- Spanish online gambling revenue rose by 18% year-on-year for Q2 2020, despite sports betting taking a significant hit.

Spanish online gaming GGR rises despite fall in sports betting revenue for Q2

Figures from Spanish regulator Directorate General for the Regulation of Gambling (DGOJ) showed gross gaming revenue (GGR) for the online market was up to €208.9m ($244.9m) for Q2, but represented a 4% quarter-on-quarter decrease.

Sports betting revenue fell 20% from the same period last year, down to €68.2m, which was 38% lower than Q1, as operators struggled with all major live sport being suspended in mid-March, until May.

Conventional sports bets decreased by 49%, while in-play betting was down 35% compared to the previous quarter.
However, casino GGR grew 36% from last year, and 23% compared to Q1 up to €93.5m as online gaming saw an increase of activity during the lockdown period. Poker GGR increased 97% compared to 2019, and 58% from Q1, to €38.2m.

Marketing spend was down 66% compared to Q1, to €40.6m, with advertising spend down 71%, while the monthly average of active gaming accounts decreased 25% year-on-year, to 632,938.

The DGOJ said Q2 activity was affected by COVID-19, and the drastic limit on online gambling marketing and advertising, which came into effect from April until June.

However, asino GGR grew 36% from last year, and 23% compared to Q1 up to €93.5m as online gaming saw an increase of activity during the lockdown period. Poker GGR increased 97% compared to 2019, and 58% from Q1, to €38.2m.

Marketing spend was down 66% compared to Q1, to €40.6m, with advertising spend down 71%, while the monthly average of active gaming accounts decreased 25% year-on-year, to 632,938.

The DGOJ said Q2 activity was affected by COVID-19, and the drastic limit on online gambling marketing and advertising, which came into effect from April until June.

However, the country has since implemented a ban on gambling operators having its branding displayed on the shirts of sports teams. While audiovisual advertising can only be shown between 1am and 5am.

Categoría:Online Games

Tags: Sin tags

País: Spain

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