The Spanish online gaming market is growing and according to the recently published report, online gaming revenue in the country increased to 315.3 million euros (269.8 million pounds/342.0 million US dollars) in the fourth quarter of 2023, which The fourth quarter of 2022 corresponds to an increase of 0.6% compared to the previous year. Total deposits also increased.
The most popular games
But there is growth not only on an annual basis – in comparison the third quarterGross gaming revenue increased by 3.6% .
The main source of income was the casinos, and it seems that its popularity among Spanish players is only increasing as time goes on. The casinos have settled 171.3 million euros, representing 54.3% of total sales for the fourth quarter throughout Spain. The popularity of Slot games In this important European market, revenue from slot games increased increased by 25.9%while Live Roulette Games they have won 15.3% more as previously.
Sports betting They were also very popular with Spanish players. According to iGaming Business, the revenue generated from sports betting was 114.7 million euroswhat means 36.4% of the total amount collected. poker Gender 25.4 million euroswhat means 8.1% of total income.
On the other hand, it seems so Poker tournaments They are not as popular as they used to be. Compared to the previous period, it was recorded a decrease of 0.5%, while Cash poker had a negative deviation of 7.0%.
Spanish players love it too Bingo, so bingo generated 3.8 million euroswhat means 1.2% of total income. Aside from that, Competitions They’ve grown around €50,000.
Deposits and marketing activities
Players were willing to spend a lot of money on various things Online gaming activitiesthe total therefore amounted to 1,040 million euros when it comes to the money that players deposited into their accounts in the fourth quarter, which means an increase of 9.4% compared to the same period in 2022.
There was 1,269,585 active accounts every month on average, which is 6.9% more than in 2022. But it appears that these income figures were generated by old players as the number of new accounts created has increased fell by 2.3%since the monthly average was 129,207 accounts.
The operators issued €113.0 million in various marketing activities, including 5.3% more that in 2022. The actions 53.0 million euros were collected and 45.2 million euros were spent Advertising and 14.0 million euros Member organizations. The sponsorships They raised €750,000.
In the fourth quarter Spain Accounts 78 active licensed operators. 49 in total they were licensed for casino games, 43 for sports betting, nine of which offered poker, three bingo games and two competitions.
Spring: Fletcher, Robert. “Spain: Revenue from online gambling rises to 315.3 million euros in the fourth quarter”. iGB. February 27, 2024.
