Spanish and French Revenue Numbers Hit Roof

Staff Writer Industry News 1,292

Regulatory bodies in two of Europe’s leading countries Spain and France have announced the numbers for online gaming revenue for 2017 which are set to bring encouragement to respective countries.

Spanish Revenue Jumps

According to the data released by Spanish regulator DGOJ, Spanish online gaming revenue increased by a gigantic 38% in the final quarter of 2017, showing gains across all of the key verticals.

The revenue of the final quarter generated €173.3 million which is 38% higher than the revenue from the last quarter of 2016. The amount also posted an increase of 23.5% on the total collected in the third quarter of 2017.  Casino revenue posted a year-on-year increase of 37.4% with €49.4 million in total. Of all casino games, roulette was the number one, accounting for 45.8% of spending and 35.4% of revenue. Slots, in the second place, accounted for 39.5% of spending and 52% of casino revenue.

Sports betting made the highest contribution to the revenue with €103.6 million which is 48.5% higher than in 2016. Live betting accounted for 68.4% of quarter four’s sports betting turnover but only 51% of total betting revenue.

The DGOJ’s report also showed that active customer ranks improved 12% year-on-year while customer deposits rose by 53.2% to €495.5 million. Bonus offers to customers increased 13.1% year-on-year to €21 million whereas sponsorship expenses were doubled to €3.15 million.

French Online Revenue Rise

French regulator ARIJEL has also revealed the numbers for the previous year and the online gaming market revenue generated €962 million in total.

This number represents an 18% build-up on the previous year. The revenue is boosted by a rise in bets and entry fees that grew collectively 9% year-on-year and rose to a whopping €9.2 billion. The number of active players increased from 1.6 to 2 million last year and they wagered a record €2.51 billion on sports last year.

The horse betting activity also increased for the first time since2013 and the number of active players reached the number 523,000. In 2016 there were 484,000 active horse betting players. Entry fees for poker tournaments increased for 9% while online poker stakes rose for 1% year-on-year to €3.6 billion regarding cash games. ARIJEL collected €439 million in taxes from online gambling activities in 2017 which is more than 13% comparing to 2016.

The results are highly encouraging and they testify the determination and the hard work these countries put into iGaming market.

The shared liquidity pool these countries agreed on is only expected to increase the numbers further in the following period.

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