Spanish market shows good growth in third quarter

Quarter three online gambling results released Tuesday by Spain’s Dirección General de Ordenación del Juego (DGOJ) show total gross gaming revenue up 37.3 percent year-on-year despite a 3 percent decline in advertising spend.

Key performance metrics for the three month period ending September 30, 2017 include:

Consolidated gross gaming revenues (GGR) amounted to  Euro 140.5 million, up 16.63 percent compared to the previous quarter and 37.35 percent y-o-y.

Total Deposits reached Euro 421.94 million, a 14.51 percent increase over the previous quarter and 49.22 percent y-o-y.

In terms of GGR, all segments show growth in respect to the previous quarter: Bets – 27.77 percent, Poker – 2.05 percent, Casino – 4.56 percent,  Bingo – 0.66 percent and prize competitions 104.25 percent.

Active users totaled 613,812, a decrease of 5 percent over Q2, and an increase of 13.44 percent y-o-y.

Registered users amounted to 709,716, up 17.65 percent on Q2, and 8.79 percent y-o-y.

Advertising expenses decreased 19.8 percent to Euro 18.92 million compared to the second quarter, and dropped 3.03 percent y-o-y.

Bonusing accounted for Euro 22.77 million, an increase on the previous quarter of 6.8 percent and a decrease of 18.22 percent y-o-y.

In terms of total GGR, sports betting led the pack accounting for 54.78 percent, followed by casino with 31.22 percent, Poker with 10,48 percent, Bingo – 2.03 percent and prize competitions – 1.51 percent.

Poker:

Online poker decreased 0.71 percent in terms of wagers but increased 2.05 percent in terms of GGR amounting to Euro 14.73 million over last quarter.

Of the Euro 380.54 million played in the Poker segment, cash poker accounted for Euro 238.33 million or 62.63 percent and tournament’s Euro 142.21 million or 37.37 percent.

Cash poker delivered Euro 5.93 million in GGR, and tournaments Euro 8.79 million, a decrease of 7.03 percent and an increase of 18.66 percent over the previous quarter respectively.

Online Casino:

Wagers and GGR increased 4.79 percent and 4.56 percent respectively compared to the previous quarter

Of the Euro 1,545.48 million wagered, slots amounted to Euro 602.12 million or 38.96 percent.  Blackjack accounted for Euro 225 million or 14.58 percent.

Roulette amounted to Euro 717.93 million or 46.45 percent, of which Live Roulette accounted for Euro 423.7 million or 59.02 percent and Conventional Roulette Euro 294.23 million or 40.98.

Total casino GGR amounted to Euro 43.87 million, of which slots accounted for 50.88 percent, Blackjack – Euro 5.58 million and Roulette – Euro 15.97 million.

Online sportsbetting:

The sport betting segment decreased 6.54 percent compared to the second quarter in terms of wagers and increased 27.77 percent in terms of GGR.

Of the Euro 1,321.04 million wagers placed, conventional betting accounted for 28.67 percent or Euro 363 million, Live Betting – Euro 903.3 million or 71.33 percent and horserace betting Euro 23.77 million or 1.8 percent.

Sports betting GGR amounted to Euro 76.95 million, of which conventional betting accounted for Euro 29.74 million or 40.8 percent, live betting –  Euro 44.47 million or 59.92 percent and horserace betting – Euro 1.83 million or 2.38 percent.

Bingo:

The bingo segment declined in terms of wagers by 0.29 percent and GGR increased 0.66 percent compared to the previous quarter but grew 34.18 percent and 30.49 percent respectively y-o-y.

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