Portuguese online gambling market improves in Q1-2018

The Portuguese online gambling market showed improvement year-on-year in Q1-2018, although it lagged behind the Q4-2017 results.

Highlights of the performance published this week by regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) included:

* Revenue up Euro 2.5 million to Euro 33.8 million;

* Government reaped a tax harvest of Euro 11.2 million from the seven licensed operators;

* Online sports betting revenue was essentially flat year-over-year at Euro 17.4 million, with football by far the most popular for punters;

* Online casino and poker revenue up 18 percent to Euro 16.4 million, with slots the big earner, contributing almost 60 percent of revenues, whilst poker delivered 18.6 percent;

* New player accounts opened in the quarter numbered 89,300, over 22,000 less than the corresponding period last year, taking total registrations to 890,000 with a 22.4 percent self-exclusion rate.

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