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    Default Sports betting bolsters online betting revenues in Spain

    Spain's gambling regulator, Dirección General de Ordenación del Juego (DGOJ), reported this week that the country’s licensed online operators generated €182 million in revenue in Q3, an 8.7% rise from the previous quarter and 30% more than the same quarter last year.

    Thanks in part to the World Cup, sports betting led the way, rising 11.5% to €97.6 million from Q2 and 27.4% year-over-year. Online casinos produced €60.9 million, about 33% higher than last year while online poker revenues increased 11% year-on-year, reaching €19.8 million.

    Below is a translated version of a report on the DGOJ website:

    The 3rd quarterly report on the evolution of the online gambling market corresponding to the period: July-September 2018 is published.

    The GGR for the quarter was € 181.77 million, which represents an increase of 8.74% over the previous quarter and an increase over the same quarter of 2017 of 29.86%.

    Of the rest of the main magnitudes, deposits and withdrawals of the players, their variation rates increase, the marketing expense decreases -6.87% with respect to the previous quarter and new users experience a decrease with respect to the same quarter of the previous year as to the previous quarter with the detail shown in Table 1.

    In the analysis of the GGR by game segments it is observed that:

    The € 181.77 million of GGR is distributed in € 97.65 million in Bets (53.72%); € 3.14 million in Bingo (1.73%); € 60.85 million in Casino (33.48%), € 0.32 million in Contests (0.18%) and € 19.81 million in Poker (10.9%).

    The betting segment has a growth rate compared to the previous quarter of 11.46% and 27.41% with respect to the same quarter of the previous year. The growth is mainly due to sports betting from live counterparts that grew by 15.56% and conventional bets by 6.72% compared to the previous quarter.

    Bingo has experienced a decrease of -4.16% with respect to the previous quarter and an increase of 11.26% with respect to the same quarter of 2017.

    In the casino segment there has been a 7.74% growth compared to the second quarter of 2018 and an annual variation rate of 39.19%. This growth is mainly due to the behavior of the gaming machines since its launch in production in 2015 and has led to increasingly higher market shares of the casino (see Table 2).

    The competitions experienced in this quarter a decrease of -7.32% and -85.02% in the annual variation rate. This segment exhibits an irregular behavior with annual variation rates in the third quarter of -5.61% in 2015; 281.65% in 2016; 25.51% in 2017. The overall result is that the market share of the competitions with respect to the rest of the segments is decreasing.

    The poker presents this third quarter of 2018 an increase of 1.87% over the previous quarter and an increase of 35.11% over the same quarter of the previous year. The increase is mainly due to cash poker that registers a positive quarterly variation rate of 7.1%.

    As a result of the movements analyzed, the percentage distribution of the GGR in the different segments in the third quarters of the period from 2015 to 2018 is shown in Table 2.

    Marketing spending in the quarter was € 75.86 million, with an annual growth of 56.28% and broken down into € 7.42 million affiliation expenses; € 3.5 million sponsorship; promotions 28.56; and advertising € 36.38 million. Compared to the previous quarter, this expense decreased -6.87%, mainly due to a -11.46% decrease in advertising.

    The monthly average of active users is 812,007, which implies a growth of 30.71% with respect to the same quarter of the previous year. The monthly average of the new registrations is 232,012 users, with an annual decrease of -1,93%.

    Of the 52 licensed operators, during the third quarter of 2018 the following operators have had operations for each of the gaming segments:

    Bets: 30
    Bingo: 5
    Casino: 36
    Contests: 1
    Poker: 8
    The most relevant fact from the regulatory point of view, since January 2018, is the opening of shared liquidity operations for poker, with France and Portugal. Since then, three operators have had liquidity operations shared with these countries.
    Here is a link to the report: https://www.ordenacionjuego.es/en/te...rimestral_2018

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    Spain is a good market

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