Spanish Online Gambling Market Shows Quarterly Decline

Gross gaming revenues in the Spanish online gaming market fell by 10% on a quarter-by-quarter basis in the three months until the end of June 2013, according to the latest figures by the country’s gambling regulator, the Dirección General de Ordenación del Juego (DGOJ).

Revenue dropped to €55.4 million ($73.6 million) from €61.3 million in the first three months of 2013.

In spite of an increase in the total number of registered gamblers, the number of active punters fell from an average of 407,000 per month in the second half of 2012 to 279,000 in the first half of 2013.

Sportsbetting accounted for 48.4% of the total revenue in the second quarter, but the sector also posted a fall in sales by 13% to €26.8 million from €30.7 million in the previous quarter.

The DGOJ, which cited the lack of comparable year-on-year figures due to the Spanish market having opened in June 2012, said that although the figures indicated “stagnation”, the figures should contrast with those in the second half of 2013.

bitcoin
Bitcoin (BTC) $ 10,807.54 1.28%
ethereum
Ethereum (ETH) $ 365.68 3.49%
tether
Tether (USDT) $ 1.00 0.01%
ripple
XRP (XRP) $ 0.242441 2.82%
bitcoin-cash
Bitcoin Cash (BCH) $ 223.50 2.74%
polkadot
Polkadot (DOT) $ 4.28 11.93%
binancecoin
Binance Coin (BNB) $ 25.13 6.99%
chainlink
Chainlink (LINK) $ 9.24 10.44%
crypto-com-chain
Crypto.com Coin (CRO) $ 0.158176 4.63%
litecoin
Litecoin (LTC) $ 46.51 2.87%
S&P 500  ^GSPC 
$3,319.47  $37.54  (-1.12%)
Dow Jones Industrial Average  ^DJI 
$27,657.42  $244.58  (-0.88%)
NASDAQ Composite  ^IXIC 
$10,793.28  $117.02  (-1.07%)
Russell 2000  ^RUT 
$1,536.78  $5.82  (-0.38%)
Crude Oil Oct 20  F*CL.NYM 
$40.55  $0.7700  (-1.86%)
   
$0.0000  $0.0000  (0.00%)