Connect with us

Industry Reports

Spain’s Q2 Online Gaming Revenue Released

mm

Published

on

casino

The online gaming operators in Spain recently posted their growth rate for 2020’s second quarter. The quarterly report published by the Dirección General del Ordenación del Juego (DGOJ) showed that the rising interest among players for online poker and casino games have more than offset the decreasing effect of sports betting. This report comes at a time when major sports events across the world have been paused or postponed indefinitely due to the ongoing Covid-19 pandemic. 

The Gross Gaming Revenue has gone down when compared to the previous quarter where €208.9 million in revenue was generated by the company. The numbers for the first quarter were 4.2% less than the ones generated in the first quarter of 2019. The drop in advertising spending by the licenced casino operators is attributed to be the reason for this. 

The customer stakes in online casinos saw a rise of 25.3%. This amounts to €2.86 billion even at a time when the casinos are majorly down to just slot games on their floors. These slot games were responsible for €51.9 million in revenue which was more than 30 percent than the similar term in 2019 while being just some points higher than 20% to make it closer to the number generated in the first quarter of 2020. When considered in terms of percentage, the live roulette games accounted for 75% in revenue making them a contributor of €27 million. 

During the lockdown period, online poker became the favourite of many players in the country which approximately doubled the revenue generated by this game. Bingo games saw a rise in revenue contribution by 67% while the real money contest vertical saw a jump of 700% in revenue. 

 

mm

Chris Amador founded Casino Cross due to his passion for the workings of Casino industry. Since the day he came to know about the importance of casino business, he has been obsessed with the same. Industry reports from the casino sector are his specialty.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending