Portuguese online gambling revenue dips from record highs in Q2

Regulated online gambling revenue in Portugal dipped slightly quarter-on-quarter, but was up 82.9% from the same period of 2020.

After reaching a new high in Q1 of 2021, revenue for the second quarter was down to €125.0m, but this was far ahead of any previous quarters.

Both sports betting and online gaming saw revenue dip from Q1. Sports betting more than tripled year-on-year, however, as many sports across the globe had been suspended in Q2 of 2020.

Online gaming, on the other hand, saw a more gentle year-on-year rise of 20.0%, as the vertical experienced a boom in the comparative quarter last year, due to the lack of sports betting options.

While sports betting remained more popular than gaming, its share of the market was the lowest since Q3 of 2020.

Football made up the vast majority of sports betting revenue at 77.6%, though this was down from Q1. Tennis and basketball followed with 9.6% and 8.7% respectively, with no other sport gaining a significant share of the market.

Casino, meanwhile, was dominated by slots, bringing in 76.0% of revenue. French roulette followed with 12.3%, while blackjack brought in 6.4% of revenue.

 

Share This Article:

More Similar Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here