Portuguese regulator reports continued growth in Q2-2018

Despite its high tax levels, it appears that Portugal’s 13 online gambling licensees continued to prosper in Q2-2018, judging by numbers from regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ), which included:

* Online sports betting revenue of Euro 20.5 million in the quarter, up from Euro 13.9 million reported in Q2-2017 and the Euro 17.4 million achieved in Q1-2018. Observers attributed the boost to the World Cuip football championships;

* Over 103,000 new customer registrations in the second quarter;

* Sports betting turnover of Euro 89.8 million, with football the most popular (almost 75 percent) followed by tennis (14.2 percent and basketball (7.2 percent);

* Online casino revenue (including poker) at Euro 16.8 percent, an increase of Euro 5.4 million over the corresponding period in 2017 Slots remained the biggest generator at 55.4 percent;

* The taxman made Euro 16.9 million , up Euro 3.6 million from Q2-2017.

Related and similar