Online Gaming Up in Portugal

Sun, May 20, 2018

Portugal has reported an increase in online gaming revenue for the first quarter of 2018. Total online gaming revenue for the three months was €33.8m ($40.4m), which is €2.5m more than the first quarter of 2017, but down €2.7m on last year’s final quarter.

Portugal saw an increase in online gaming revenue for the first quarter of 2018 with online gaming at €33.8m ($40.4m), up €2.5m over 2017.

Figures from national gambling regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal) also showed that online casino revenue was up by 18 percent year-on-year to €16.4m. Slots were responsible for 55.7 percent of online casino revenue in the first quarter, with poker holding an 18.6 percent market share.

Online sports betting remained the main source of revenue with a total of €17.4m for the period, but the was flat year-on-year and down by more than €3m on the last quarter of 2017.

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