Spanish online market gross gaming revenue declines in second quarter

Second Quarter 2017 data published by Spain’s gambling regulator Dirección General de Ordenación del Juego shows a 4.51 percent decline in gross gaming revenue compared to the previous quarter but an increase of 22.6 percent year-over-year.

Detailed results include:

Total online market gross gaming revenue (GGR) decreased 4.51 percent to reach Euro 121.28 million (Q1/2017: Euro 127 million), and represents an increase of 22.6 percent y-o-y (Q2/2016: Euro 98.92 million).

Total deposits increased 4 percent to reach Euro 386.49 million over the last quarter (Q1/2017: Euro 354,28), and 27.25 percent up y-o-y (Q2/2016: Euro 289,59).

Total withdrawals by registered users amounted to Euro 256.09 million, an increase of 13.1 percent over the previous quarter (Q1/2017: Euro 226,43) and an increase of 27.56 percent y-o-y (Q2/2016: Euro 200,76).

The number of active users during the second quarter of 2017 grew 0.98 percent to reach 646,475. Y-o-y this number represents a 6.95 percent increase.

Registered users have decreased to reach 603,220 – 3.94 percent down compared to the first quarter and a decrease of 10.29 percent y-o-y.

Advertising expenditure decreased 14.1 percent over the previous quarter to reach Euro 25.03 million (Q1/2017: Euro 29.13), and 15.89 percent y-o-y (Q2/2016: Euro 29.75).

In terms of sector, compared to the previous quarter, GGR from sports betting and poker decreased. The star performer was casino which increased 14,5 percent, followed by Bingo at 3 percent.

Casino now represents 35.35 percent of the total GGR in Spain, sports betting 49.56 percent, poker 11.9 percent and bingo 2.34 percent.

Online poker:

Gross gaming revenue in the poker sector decreased 4.82 percent to reach Euro 14.43 million (Q1/2017: Euro 15.16 million), and 4.94 percent y-o-y (Q2/2016: Euro 13.75 million).

Of the Euro 383.25 million wagered in the Poker segment, cash poker amounted to Euro 237.83 million (62.06 percent) and tournaments Euro 145.42 million (37.94 percent). Cash poker accounts for Euro 5.61 million of total poker GGR and tournaments Euro 8.82 million, 38.88 percent and 61.12 percent respectively.

Online Casino:

GGR in the Casino sector increased 14.5 percent to reach Euro 42.87 million (Q1/2017: Euro 37.44 million), and 52.54 percent y-o-y (Q2/2016: Euro 28.1 million).

Of total online casino GGR slots comprised 50.28 percent or Euro 21.55 million; Blackjack 11.55 percent or Euro 4.95 million; and Roulette 38.17 percent or Euro 16.36 million.

Of the Euro 1,475.63 million wagered in Casino, slots accounted for 38.5 percent or Euro 568 million; Blackjack 14.14 percent or Euro 208.69; and Roulette 47.35 percent or Euro 698.75 million, of which Live Roulette was 57.93 percent or Euro 404.82 million and conventional Roulette 42.07 percent or Euro 293.93 million.

Year-over-year, in terms of online casino stakes, Slots have increased 90.5 percent, Blackjack 12.09 percent and Roulette 39.27 percent – however, Baccarat has declined 45 percent.

Sports Betting:

GGR in the sports betting sector declined 14.91 percent to reach Euro 60.11 million (Q1/2017: Euro 70.64 million, but increased 12.32 percent y-o-y (Q2/2016: Euro 53.52 million).

Stakes in the second quarter amounted to Euro 1,413.14 million.

Bingo:

Bingo GGR grew 3 percent to reach Euro 2.83 million (Q1/2017: Euro 2.75 million), and 30.14 percent y-o-y (Q2/2016: Euro 2.18 million).