Latest News
Sports betting boosts Spanish economy

The Dirección General de Ordenación del Juego (DGOJ), the national authority on the gaming industry in Spain, has reported an increase in gross gaming revenue in the country, boosted sports betting income.
The official report also points out that the sports betting sector has fuelled the growth of the general economy in Spain as well. The gross gaming revenue in Spain achieved a growth of 2.33 per cent quarter-on-quarter during the second quarter of the year. In the three months through to the end of June, sports betting industry led the market, as usual, but with the boost of the Fifa World Cup among international players.
The DGOJ report also reveals that the second quarter of 2018’s gross gaming revenue was €167.2 million, which represents a year-on-year increase of 40.15 per cent and a marginal increase on the period, compared to the same quarter of 2017. The only sector that reported a decrease by 9.4 per cent quarter-on-quarter was online poker, which had gone through a significant growth in the previous months as the Spanish, Portuguese, Italian and French markets entered to an agreement of online poker shared liquidity.
Meanwhile, the sports betting sector reported an increase of 32.75 per cent in comparison with the previous quarter. This general growth represents an increase of 7.07 per cent quarter-on-quarter for the vertical and a 46.68 per cent year-on-year increase.
Source: focusgn.com
-
Asia3 days ago
Jetapult Strengthens AI Expertise: Onboards Industry Leaders, Oz Silahtar and Dr. Arjun Jain
-
Latest News4 days ago
Roobet Promo Code: Redeem “WRD100” Now to Get a Free Money & Cashback
-
Latest News4 days ago
Recently Released Slot Games Worth Checking Out
-
Latest News4 days ago
Regulatory Roadblocks: The Future of Sweepstakes Gaming in the U.S.
-
Africa4 days ago
Gaming Corps Expands African Presence with KingMakers Partnership
-
Latest News4 days ago
UK Gambling Commission Flags Deepfake-Fueled Money Laundering Threats in Online Gambling Sector
-
Latest News4 days ago
ULTIM8 SPORTSBOOK IFRAME: Ultimate Solution for Operators Who Have Seen It All
-
Latest News4 days ago
PG Soft debuts Doomsday Rampage slot