Market online gambling in Spain continues to grow. According to financial data for 2018, which were published by the regulator of gambling of the country CEO of the Order of the Order of Huego (DGOJ), the gambling industry of Spain last year received 7.77 billion euros of income from gambling, reports Yogonet.Com.
According to this report, the online game sector in Spain in 2018 increased by 22.5% year on year and received an income of 812.0 million euros. Lottery remains the main contributor to the overall income from gambling: € 4.21 billion., (+ 0.9%). Ground casino, excluding slot machines and lotteries, collected 2.08 billion euros. Casino rates, bingo and retail sales amounted to 1.03 billion euros, 593.9 million euros and 455.8 million euros, respectively. The online gembrling sector received an income of 812.0 million euros, an increase of 22.5%.
It is also reported that in the second quarter of 2019, income from online gambling has decreased. According to DGOJ, income from gambling on the Internet three months before June 30, 2019 amounted to 178.4 million euros. While this indicator is an increase in revenue on an annualized basis by 6.7%, compared with the previous quarter, revenues decreased by 7.9%.
Earlier during the first three months of 2019, income from online gambling in Spain grew by 20%. Gross gaming revenue from the sports rates sector increased by 26% year in annual. An increase in income from sports rates is due mainly to the growth of participation in living rates. Income from Live rates grew by 11% compared with the income of the previous quarter.