The Spanish Gambling Market Was Still Not Recovered After The Collapse In 2008

According to the industry trading association consejo empresarial del juego (cejuego), the volume of the gambling market of spain is still 20% less than before the collapse in 2008.

Gambling, together with madrid university named after charles iii, published the results of the annual study of the gambling industry. According to the report, last year the income of the gembling industry in spain was €9.87 billion, which is 5% more than a year earlier. The growth trend of the industry is preserved for the fourth year in a row.

Nevertheless, researchers note that the country’s gambling industry has not caught up with the 2007 indicators. The lag at the moment is 20%. And this is despite the fact that in the following years it was legalized online gembling. Financial indicator b €9.87 billion shows that 0.8% of spain gdp accounts for gambling. In 2007, the indicator was recorded at 0.9%.

56.6% of the total income of the industry comes to the private sector, namely €5.6 billion. At the same time, in 2017, it was about 55%. The rest of the market is under the control of state operators once and selae.

The online segment is 7.3% of the total turnover in €724.4 million. In the previous year, online gambling generated 6% of the total turnover.

According to 2018, the gambling business introduced as taxes to the state treasury €1.34 billion. In the industry are employed 85,047 people, 47 178 of which work in the private sector.

The report also says that spain is among the leaders of the european rating rating with the least number of problem players. Similar results for norway. The study was conducted by the spanish laboratory studying the dependence of various nature.

The study also confirmed that spain’s gambling operators spent €412 million advertising, after which critics called for gambling companies to more moderate marketing.

Recall that juvenile users were not found in the halls of slot machines in spain.