Slots help Spain Q3 revenues grow 36%
Total GGR increases to 84.2m during the three-month period driven by a 114% surge in casino revenues
Revenues from Spain’s online gaming market grew 36% in the third quarter, driven by continued growth in sports betting and a raft of casino operators launching slots in the market for the first time.
The Dirección General de Ordenación del Juego (DGOJ) reported Q3 2015 gross gaming revenues rose 36% year-on-year to 84.2m with total turnover up 32% to 2.1bn.
Casino posted the largest growth during the period with GGR up 114% to 18.1m after the regulator issued 29 new slots licences during the quarter.
And while casino enjoyed the greatest growth spurt, sportsbook continued to dominate the market with GGR standing at 49.4m, up 46% on the same period last year.
Poker was the third largest vertical despite a 16% drop in GGR to 14.4m, while bingo recorded a 12% dip to just 1.8m.
The regulator also revealed details on marketing spend, with operators said to have invested 18m on “advertising, sponsorship and promotion” in the first quarter, up 42% on the previous year.
But operators could face tougher ad restrictions after the DGOJ published a draft code earlier this year.