Spain’s regulated online gambling market contracts despite new slots options

Spain’s regulated online gambling market contracted in Q2 as all verticals except casino suffered revenue declines.

According to figures released by the Dirección General de Ordenación del Juego (DGOJ), Spanish-licensed online gambling operator revenue fell 6.3% year-on-year to €66.7m in the three months ending June 30 despite a 29% gain in gambling turnover.

The dominant sports betting vertical saw stakes rise 51% to €1.01b but punter-friendly results pushed sports revenue down 2.3% to €31.1m. Pre-match wagering revenue was down 3.8% and its share of the total sports pie fell to 25.3%. Live betting’s share rose to 71.7% (€22.3m) while horseracing contributed a mere 2.7%.

Poker’s popularity continued to erode, with revenue down 6.6% to €14.4m. While tournament revenue improved 35% to €7.1m, cash games fell 28% to €7.3m. Bingo mirrored poker’s decline, falling to €1.85m while the ‘contests’ segment fell 11.7% to just €800k.