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Spanish iGaming market grows in Q4 despite sports betting decline

Spain’s regulated betting and iGaming market has recorded an 11 per cent increase in gross gaming revenue (GGR) to €189.5m for the final quarter of 2018.

While there was year-on-year growth across online casino, poker and bingo, sports betting GGR fell by 2 per cent compared to the previous year to €99.9m, according to latest results released by Spanish regulator Dirección General del Juego (DGOJ).

Q4 2018 Gross Gaming Revenue Comparison (€)

    Q4 2018  % Change
Sports Betting 99.9m (2%)
Casino 64.8m 33%
Poker 21.1m 37%
Bingo 3.5m 12%
Contests 0.2m (89%)
TOTAL 189.5m 11%
     

Sports betting generated more than half (53 per cent) of the Spanish market’s total GGR in Q4, though its decline was attributed to a 5 per cent decline in pre-match bets which offset a 13 per cent increase in live betting GGR.

There was strong growth in online casino as GGR climbed 33 per cent to €64.8m, of which €36.4m was generated from slot games, €21.6m from roulette and €6.7m from blackjack.

Poker GGR grew 37 per cent to €21.1m as a result of cash poker growth following the opening of shared liquidity with France and Portugal with four platforms currently live.

Bingo GGR rose 12 per cent to €3.5m, while contests contributed just €0.2m in GGR during the quarter.

Overall, total deposits increased by 41 per cent compared to the same period last year to €700.0m, with average monthly active users up by 25 per cent year-on-year to 858,285. The monthly average of new registrations rose 28 per cent to 256,070.

Marketing spend across the betting and gaming market increased by 47 per cent, comprising €49.8m in advertising, €32.2m for promotions, €3.5m in sponsorship and €9.7m of affiliate expenses.

https://www.gamingintelligence.com

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