Portugal’s Online Gaming Rise Driven by Sports

Online gaming revenue in Portugal jumped 81.9 percent for the second quarter over the first. This dramatic rise was fueled by a 224.5 percent jump in sports betting revenue, according to the country’s gaming regulator.

Portugal’s Online Gaming Rise Driven by Sports

Portugal’s online gaming revenue increased 81.9 percent for the second quarter over the second quarter of 2020, a rise driven primary by a 224.5 percent rocketing increase in sports betting, according to Serviço de Regulação Inspeção de Jogos (SRIJ) the country’s gaming regulator.

Overall gaming revenue was €125.0 million (£105.9 million/$146.5 million) compared to €68.7 million for the same period in 2020, but was down from €128.3 million for the first quarter of 2021.

Soccer was the most popular sport to bet on in Portugal.