The Spanish on-line playing market has proven strong progress within the first quarter of 2024, as reported by the Directorate General for the Regulation of Gambling (DGOJ). The Gross Gaming Revenue (GGR) for the quarter reached €350.69 million, marking an 11.23% enhance quarter-over-quarter and a 15.14% enhance year-over-year. This vital rise underscores the market’s resilience and restoration from earlier fluctuations.
Growth Across Key Segments
In phrases of participant transactions, each deposits and withdrawals confirmed notable will increase in comparison with the earlier yr, rising by 15.85% and 13.90%, respectively. Quarter-over-quarter, deposits grew by 5.61% whereas withdrawals noticed a modest enhance of 0.72%. Despite the general progress, advertising and marketing expenditure noticed a slight lower of 1.0% quarter-over-quarter, whereas the variety of new accounts surged by 15.21%.
The GGR is distributed throughout numerous gaming segments, with betting, on line casino, bingo, contests, and poker all contributing to the full. Betting accounted for €150.28 million (42.85% of the full GGR), adopted by the on line casino phase with €167.76 million (47.84%). Bingo contributed €4.19 million (1.19%), contests €0.002 million (0.00%), and poker €28.45 million (8.11%).
Betting and Casino Drive Growth
The betting phase skilled a big optimistic variation charge of 30.99% quarter-over-quarter and 15.37% year-over-year. This progress was largely pushed by a outstanding 588.84% enhance in pre-match betting, though in-play sports activities betting noticed a decline of 31.69%. Other betting classes additionally grew by 1.57% this quarter, whereas horse betting decreased by 28.36%.
The on line casino phase, regardless of a slight quarter-over-quarter decline of two.05%, confirmed a powerful annual progress charge of 17.02%. Within the on line casino phase, slots elevated by 14.98% year-over-year, and reside roulette noticed a powerful 22.19% progress. Quarter-over-quarter, Blackjack, standard roulette, and reside roulette grew by 7.32%, 9.69%, and 6.37%, respectively, whereas slots fell by 7.51%.
Other Segments Show Mixed Results
Bingo confirmed regular progress, with a 9.18% enhance quarter-over-quarter and 24.93% year-over-year. Conversely, the contests phase continued its irregular efficiency, experiencing a dramatic fall of 96.79% quarter-over-quarter and 99.38% year-over-year.
Poker offered a optimistic outlook with an 11.98% quarter-over-quarter enhance and a 3.99% year-over-year rise. Poker tournaments grew by 11.19% quarter-over-quarter and a pair of.04% year-over-year, whereas poker money video games elevated by 13.91% in comparison with the earlier quarter and eight.91% in comparison with the identical quarter of the earlier yr.
Player Engagement and Market Dynamics
The common variety of energetic sport accounts per 30 days reached 1,327,575, reflecting a 4.57% enhance quarter-over-quarter and a 14.58% enhance year-over-year. The common variety of new sport accounts per 30 days stood at 148,862, with a progress of 15.21% quarter-over-quarter and 33.64% year-over-year.
For this quarter, there have been 78 licensed operators available in the market. The variety of energetic operators by phase included 41 for betting, 4 for bingo, 50 for on line casino, 2 for contests, and 9 for poker.
Marketing Expenses
Marketing bills for the final quarter totaled €112.79 million, damaged down into €14.27 million for affiliation bills, €1.07 million for sponsorship, €55.67 million for promotions, and €41.78 million for promoting. Compared to the earlier quarter, advertising and marketing bills declined by 1.00% however elevated by 14.86% year-over-year. Specifically, sponsorship decreased by 12.55%, associates by 0.87%, promoting by 7.68%, whereas promotions elevated by 4.93% quarter-over-quarter. Year-over-year, sponsorship fell by 27.23%, associates elevated by 14.82%, promoting by 22.49%, and promotions by 10.92%.
Source: “1st Quarterly Report 2024”. Directorate General for the Regulation of Gambling. June 4, 2024.