Spain: Q2 Online Casino and Poker Offset Betting Slump –

Spain: Q2 Online Casino and Poker Offset Betting Slump –

Online gambling market in Spain posted growth during the second quarter of 2020, the quarterly report from the Dirección General del Ordenación del Juego (DGOJ) showed. Rising interest in online casino games and poker managed to more than offset the decline in sports betting during times when most sports competitions in the country and worldwide were halted by the virus outbreak.

GGR Down from Q1, Up Year-On-Year

Gross gaming revenue for the three months ending June 30 posted €208.9 million, a 4.2% drop from the first quarter of 2020, probably due to the drop in advertising spending by licensed operators. Year-on-year, total gambling market posted 17.7% growth for the quarter, powered by strong performance in the online casino and poker verticals, where revenue grew to €93.5 million, a 36.5% rise, and €38.2 million, a 97.4% increase, respectively.

Online casino saw total amount of customer stakes jump 25.3%, amounting to €2.86 billion, largely down to slot play which accounted for €51.9 million, a significant jump of more than 30% year-on-year and just off the 20% mark compared to the previous quarter. Percentage-wise, live roulette’s contribution was even higher, 75%, generating €27 million in revenue.

The online poker vertical in the country grabbed the players’ attention during the lockdown, leading to poker almost doubling its revenue. Bingo, a relatively small nominal contributor to the online market, also saw its revenue jump 67%, generating €5 million in Q2, but the winner in percentage rise was the real money contest vertical, where revenue