State of the online gambling market 2023 in Spain

Regarding the rest of the main figures, deposits and withdrawals of the players, their variation rates rise in relation to the previous year, 9.36% and 5.25% respectively. With regard to previous quarter, deposits grows 12.45% and withdrawals 19.34%. Marketing expenditure increases 20.91% quarter over quarter and new accounts experiences a growth with respect to the previous quarter, 20.11%. Details are shown in Table 1.

In the analysis of the GGR by game segments, it is observed that:

The € 315.29 million of GGR are distributed among € 114.73 million in Betting (36.39%); € 3.84 million in Bingo (1.22%); € 171.27 million in Casino (54.32%); € 0.05 million in Contests (0.02%) and € 25.41 million in Poker (8.06%).

The betting segment has a positive variation rate of 1.09% quarter over quarter and a decrease -18.83% year over year. There is a fall with respect to the previous quarter in pre-match, -75.98% and an increase in-played sportsbook, 58.13%. Other bettings have increased 30.66% this quarter, and horse betting 6.05%.

Bingo has experienced a growth of 5.35% quarter over quarter and 5.96% year over year.

In the casino segment, there has been a rise of 6.87% quarter over quarter and an annual variation rate of 20.23%. Slots has increased 25.86% and life roulette 15.26% year over year. Quarter over quarter, BlackJack slots and life roulette have growth 10.83%, 5,36% and 10.70%, respectively. On the other hand conventional roulette slightly decreases -0.80%.

Contests experienced a rise of 5.11% quarter over quarter and 61.48% year over year. This segment continues an irregular behaviour with annual variation rates in the fourth quarter of 75.86% in 2020; -95.65% in 2021; -36.73% in 2022.

Poker presents a decrease of -5.25% quarter over quarter and -2.49% year over year. Poker tournament had a negative variation rate of -8.69% quarter over quarter and -0.50% year over year. Poker cash increases 4.26% compared to the previous quarter and decreases -6.99% compared to the same quarter of the previous year.

As a summary, the percentage distribution of the GGR for the different segments in this quarter of the period from 2020 to 2023 is shown in Table 2.

Marketing expenses has been € 112.97 million in the last quarter. It may be broken down into € 13.95 million affiliation expenses; € 0.75 million sponsorship; promotions € 53.01; and advertising € 45.22 million. Compared to the previous quarter, marketing expenses increases 20.91% and 5.25% in annual variation. Quarter over quarter, Sponsorship decreases -14.40%; Affiliates increases 20.57%; Advertising 35.73% and Promotions, 11.28%. Year over year, Sponsorship decreases -57.59%; Affiliates -5.72%; Advertising increases 16.25% and Promotions, 2.27%. Promotions are broken down into cost of bonus included in  prizes, € 13.87 million and cost of bonus not included in prizes, € 39.19 million.

The monthly average of active game accounts is 1,269,585; which implies an increase of 17.26% quarter over quarter and an increase of 6.76% year over year. The monthly average of the new game accounts is 129,207; with a growth of 20.11% quarter over quarter and a decline of -2.31% year over year.

For this quarter, there are 78 licensed operators and the number of active operators by segment is:

• Betting: 43
• Bingo: 3
• Casino: 49
• Contests: 2
• Poker: 9