Spanish Online Gambling Revenue Surges in Q2 2024

Q2 Gambling Revenue Statistics

The main financial results divided by content types are as follows:

1. Casino games brought €171.7 million, or 49.6%. This figure represents a 2.3% quarterly rise and 14.6% yearly growth.
2. Slots showed a 19.5% annual gross gaming revenue (GGR) boost.
3. Live roulette saw a 9.6% increase in GGR over the previous year, though both live and classic types of this entertainment showed slight quarterly declines.
4. Growth across tabletop games was stable but less dynamic than that of slots or roulette.
5. Online poker gained €25.6 million, down 0.8% yearly and a significant 10.2% drop from Q1.
6. Bingo’s revenue grew by 1.9% to €3.6 million, but it was down 13.9% from the first quarter.

The wagering market saw some fluctuations in Q2. This area earned €145.5 million, up 9.1% YoY, though down 3.2% from Q1.

Here are key figures reflecting the state of the sports betting niche:

• pre-match football GGR fell by 10.3% YoY;
• in-play betting climbed by 5.8%;
• horse racing declined by 12.3%;
• other wagering categories saw a sharp 36.6% rise.

Advertising and Legislative Shifts

Marketing spending in Spain’s gambling sector totalled €120.2 million, reflecting a 22.5% YoY increase and a 6.6% rise compared to Q1.

Expenditures were directed into three key areas:

• €62.3 million on promotions;
• €44.0 million on advertising;
• €12.8 million on affiliate marketing.

A significant legislative development occurred when the Spanish Supreme Court changed several 2020 promotion restrictions, enabling operators to implement more flexible marketing strategies.

Other Important Statistics

The number of active punters and new profiles continued to rise in Q2:

• Players’ deposits. The overall sum reached €1.09 billion, up 5.6% from Q1 and 15.9% YoY.
• Withdrawals. Gamblers cashed out €740.0 million during Q2.
• New accounts. 446,586 game profiles were created, reflecting a 46.6% annual rise and a 1.8% quarterly increase.

By the end of Q2 2024, Spain had a total of 78 certified suppliers, comprising:

• 50 for casino games;
• 42 for sports wagering;
• 9 for poker;
• 4 for bingo;
• 2 for contests.