Spain sees online gambling revenue soar

Spanish gambling regulator, the Dirección General de Ordenación del Juego (DGOJ), has revealed that the country’s online gaming market experienced a 26% year-on-year increase in revenue in the 12 months through to December 31, 2015. spain

Gross gaming revenue for the full year totalled €319.6m (£248.7m), while turnover also increased 28% year-on-year to more than €8bn (£6.2bn).

Sports betting served as the main source of income for operators, generating a total of €179m (£139.2m) of the overall revenue figure and representing an increase of 49% on the previous year.

Poker revenue actually dropped to €59.8m (£46.5m), while bingo also fell to €7.8m (£6.07m) but the online slots market jumped a huge 80% to €67.5m (£52.1m).

The largely positive full-year results come after an impressive fourth quarter in the country, during which revenue hiked 40% year-on-year to €94.7m (£73.7m).

Sportsbook revenue came in at €53.5m (£41.6m) for the three months to December 31, with casino generating €22.6m (£17.5m), poker €14.5m (£11.2m) and bingo just €2.1m (£1.6m).

(This story originally featured on iGaming Business)

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