Revenue Of Portuguese Gembling Operators Rose To € 152.1 Million

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January 28, 2022
2 minutes

Portugal reported an increase in income from online rates and gambling to €152.1 million in 2018, which is 24% higher than the 2017 indicators.

Revenue of Portuguese gembling operators rose to € 152.1 million

Sport rates have become the main source of income for licensed operators within 12 months until december 31, 2018. Revenue from this segment was €78.9 million, in 2017 this indicator was equal €68.1 million, according to the national gambling regulator of portugal (srij).

In many ways, income growth is associated with the world cup, which was held from june 14 to july 15, 2018. In the second quarter, there were 74.4% of all sports rates on the moondial matches – €twenty.5 million.

Income from online casino also increased with €54.4 million in 2017 to €73.2 million in 2018, which demonstrates an increase of 34%.

However, despite the world cup, the fourth quarter turned out to be the most successful for licensed operators. He brought income in size €43 million (for the same period of 2017 it was received €36.5 million).

Income from sports rates was the highest in the fourth quarter – €21.6 million at the total amount of rates €110.6 million. For comparison: the volume of betting operations was lower as in the second quarter (€89.8 million) and in the third (€90.1 million) when the world championship was actually held. At the same time, the total expenses for sports rates for 2018 amounted to €391.8 million.

Portugal online casino has also reached the highest level in the fourth quarter, with an annual revenue in€21.5 million. Slots turned out to be the most popular among users in the last three months of the past year. This segment accounted for 61.6% of all rates.

Srij also noted that by the end of 2018, a total of 31,500 consumers decided to independently exclude themselves from participation in gambling.

Previously, it became known that the revenue of the terrestrial casino of portugal in 2018 also rose.

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