{"id":38387,"date":"2019-06-04T08:02:17","date_gmt":"2019-06-04T08:02:17","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=38387"},"modified":"2019-06-04T08:02:17","modified_gmt":"2019-06-04T08:02:17","slug":"online-gambling-growth-has-slowed-in-spain","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/online-gambling-growth-has-slowed-in-spain\/","title":{"rendered":"Online gambling growth has slowed in Spain"},"content":{"rendered":"

Despite the poker vertical\u2019s decline, Spain\u2019s online gambling market experienced a fair-sized growth over the first quarter of 2019, with the market expanding by more than one-fifth.<\/p>\n

 <\/p>\n

\"\"The figure were released on Monday by Spain\u2019s Direcci\u00f3n General de Ordenaci\u00f3n del Juego (DGOJ) regulatory body. And the figures show that locally licensed online operators witnessed a modest increase of 21.4%, up from Q4 of 2018. Furthermore it has seen an increase in 20.1% over the first quarter of 2018.<\/p>\n

\u00a0<\/u><\/strong><\/p>\n

Over the past year, Spain\u2019s regulated online market has experienced a slow grown, one that has begin to cause some concern. The Q1 growth figures markes the lowest growth percentage since a 2.3% increase was recorded in Q2 in 2018. It\u2019s important to know that this quarter featured the first part of the 2018 World Cup, a factor that the first quarter of 2019 was not able to replicate.<\/p>\n

 <\/p>\n

In actual fact, online sports betting revenue was up 26.2% year on year but that amounted to only 0.63% in Q4 of 2018. Furthermore, the share of in-play betting revenue was up 11.5% from the Q4, whilst pre-match revenue was down by 11%.<\/p>\n

 <\/p>\n

The betting turnover was up 12.6% year on year, but remained 10\/5% below the Q4\u2019s volume. Additionally, exchange betting turnover and revenue fell by a massive 46.2% and 21.6% respectively. Whilst racing turnover was up nearly one third year on year, racing turnover was down to nearly one-third.<\/p>\n

 <\/p>\n

The online casino vertical also experienced an increase in its revenue, with it rising by one-fifth. This increase was largely thanks to a 29.2% spike in slots revenue. Unfortunately, this still remains a relatively small chunk of the gambling pie. However, the largest percentage gain was posted by baccarat . It experienced a massive increase of nearly 1400% year on year.<\/p>\n

\u00a0<\/u><\/strong><\/p>\n

Online poker revenue experienced the worst results, seeing itself fall by 1.4% year on year, despite being up by 2.7% from Q4. Whilst tournaments improved by 5%, the fall was mostly a consequence of cash games, which recorded a fall of 5.7%.<\/p>\n

 <\/p>\n

In total and combined, the Spanish-licensed operators spent \u20ac92.2m on marketing efforts in Q1, an increase in 21.4% year on year. Although it was down from Q4, there was also an increase in advertising spend, with an extra 16.1% being spent on it.<\/p>\n","protected":false},"excerpt":{"rendered":"

Despite the poker vertical\u2019s decline, Spain\u2019s online gambling market experienced a fair-sized growth over the first quarter of 2019, with the market expanding by more than one-fifth.   The figure were released on Monday by Spain\u2019s Direcci\u00f3n General de Ordenaci\u00f3n del Juego (DGOJ) regulatory body. And the figures show that locally licensed online operators witnessed […]<\/p>\n","protected":false},"author":5,"featured_media":25131,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,3,8],"tags":[],"class_list":["post-38387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","category-igaming","category-latest"],"yoast_head":"\nOnline gambling growth has slowed in Spain - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/online-gambling-growth-has-slowed-in-spain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Online gambling growth has slowed in Spain - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"Despite the poker vertical\u2019s decline, Spain\u2019s online gambling market experienced a fair-sized growth over the first quarter of 2019, with the market expanding by more than one-fifth.   The figure were released on Monday by Spain\u2019s Direcci\u00f3n General de Ordenaci\u00f3n del Juego (DGOJ) regulatory body. 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