Spain s online Q3 results show betting market growth
Spain’s online gambling market generated €181.7m ($206.4m) gross gaming revenue (GGR) for Q3, rising 30% year-on-year.
The figures reported by the Dirección General de Ordenación del Juego (DGOJ) show €97.6m of the total revenue came from bets, €60.8m from casino, €19.8m from poker, €3.1m from bingo and €0.32m contests.
Marketing spending was also discussed in the Q3 report, reaching a total of €75.8m. This saw year-on-year growth of 56%, and breaks down to €36.3m spent on advertising, €28.5m on promotions, €7.4m on affiliates and €3.5m on sponsorship.
Compared to the previous quarter, the overall expense decreased by 7%, which was mainly due to an 11% drop in advertising spend, the regulator said.
The monthly average of active users grew by 31% to 812,007, while the average amount of new registrations decreased by 2% to 232,012 users.