Portugal Gets Online Betting Boost in Second Quarter

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Portugal's online gaming market saw an uptick in revenues during the second quarter, as casino operators hauled in €16.9 million, up more than €3.6 million from the same period in 2017.

The country's gaming regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) reported that revenues were up significantly during the period, thanks in large part to the FIFA World Cup, which resulted in increases across the board. The country said that the licensed betting groups had 103,000 new player registrations during the period, up from around 60,000 next year.

The country had sportsbetting revenues of €20.5 million during the second quarter, almost €7 million higher than the year prior. The sportsbetting handle was €89.8 million, and football made up 74.4% of all wagers in the country.

Casino revenues were up to €16.9 million, but only €800,000 higher than the previous quarter. Slots made up 55.4% of all casino revenues, while poker made up 20.4%.

About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.
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bgsharpe
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29 August 2018 - 12:37pm
#1

Is that the only picture of Portugal you have Dustin?

I saw it a few(hundred) times already and I'm sure you could find another one 😜

Otherwise the numbers looks pretty good in Portugal, especially in sportsbetting sector but the football WC should be the main reason for that I believe.