SPORTS BETTING DECLINE IMPACTS SPANISH IGAMING MARKET IN THIRD QUARTER
Spain’s regulated online betting and gaming market saw total gross gaming revenue (GGR) fall by 5 per cent to €182.7m during the third quarter of 2021.
The year-on-year decline followed a 29 per cent drop in sports betting GGR to €59.2m, partially offset by a 22 per cent increase in online casino GGR to €100.3m, which included a 31 per cent increase in slots GGR and a 22 per cent rise in live roulette GGR.
Online poker GGR fell by 15 per cent to €19,6m, with a 23 per cent decline in poker tournament GGR offsetting a 7 per cent increase in poker cash GGR.
Online bingo GGR dropped 10 per cent year-on-year to €3.5m for the quarter, while GGR from contests declined by 91 per cent to just €0.1m.
Average monthly active customers in Q3 rose by 4 per cent compared to the previous year to 915,259, with the monthly average of new accounts falling 48 per cent to 173,224.
Total marketing spend by licensed operators fell compared to a year ago, comprising advertising expenses of €36.2m, promotion expenses of €43.3m, affiliate costs of €8.9m, and sponsorship costs of €1.6m.
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