Industry News

Online gambling operators post impressive third quarter results in Spain

Published

7 years ago

November 30, 2018

Niji Narayan

Photo source: talkchelsea.net

Reading Time: < 1 minute

Dirección General de Ordenación del Juego (DGOJ), the gambling regulator of Spain, has reported that the country’s licensed online operators posted strong third quarter results. The licensed operators generated a revenue of €182 million, which is 8.7 per cent higher than the previous quarter’s revenue and 30 per cent more than that of same quarter last year.

Sports betting posted the highest figure €97.6 million, an increase of 11.5 per cent from Q2 and a 27.4 per cent year-on-year.

Online casinos produced an income of €60.9 million, about 33 per cent higher year on year. Online poker revenues also increased by 11 per cent year-on-year to reach €19.8 million.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.