Spanish online gambling mnarket thrives in Q1-2018

Spanish regulator Dirección General de Ordenación del Juego (DGOJ) released very positive market statistics Thursday reflecting improvements in online poker thanks to shared player pools with France and more recently Portugal, and good year-on-year growth in overall revenue.

Highlights of the report include:

* Overall online revenue up 28 percent y-o-y at Euro 163.3 million;

* Sports betting up 15.9 percent at Euro 81.7 million;

* In-play betting accounted for 62.5 percent of sports revenue and 67 percent of betting handle;

* Fixed-odds betting delivered 34.9 percent of revenue and 30.2 percent of handle;

* Online casino revenue was up 51 percent at Euro 56.6 million, with online slots delivering 52.7 percent of that;

* Online poker improved to Euro 21.5 million with revenue made up of cash games (up 30 percent at Euro 8.4 million) and tournaments up 50.2 percent at Euro 13 million;

* Online poker cash game spend increased y-o-y by 19 percent, whilst tournament spend was up 40.4 percent;

* Online bingo revenue rose almost 30 percent at Euro 3.5 million, although the contest element plunged 80 percent to just Euro 200,000;

* Active users were up almost 25 percent in the quarter to 800,000;

* Player deposits were up 58.7 percent at Euro 562 million;

* Marketing spend topped Euro 76.3 million – a 35 percent y-o-y improvement.