Igaming In Portugal Grew By 55% In The Third Quarter Of 2020

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March 7, 2022
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Igaming in Portugal Grew By 55% in the Third Quarter

According to the regulator of portugal serviço de regulação e inspeção de jogos (srij), the total sales amount in the igaming sector for the third quarter of 2020 reached $ 103 million (84.2 million euros), which means an increase of 55.7%. It also corresponds to an increase of $ 18.9 million (15.5 million euros) compared with the second quarter of 2020.

Fifty.5% of sales accounted for $ 52 million (42.5 million euros), which is 20.44 million us dollars (16.7 million euros) more compared to the same quarter. Of the year. Football accounted for 80 percent of bets made during this period, tennis and basketball – 18 percent.

Profit from gambling reached 49.5% of the total revenue, or $ 51 million (41.7 million euros) for the quarter and $ 16.5 million (13.5 million euros) more than the same period of 2019.

70% of rates have accounted for online slot machines. Roulette – 13.8 percent, and online poker as a whole – 6.74 percent.

Three monhs before september 30, 2020, 14 operators received licenses in portugal. It’s three more than in the third quarter of 2019. In the aggregate it is 24 licenses compared to 18 in 2019. Eleven of them are designed for sports betting, and the remaining 13 – for games.

According to the country’s operators, about 156,800 new players registered in the third quarter.

Source: official site serviço de regulação e inspeção de jogos (srij)

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