Portugal Online Betting Market Sets Revenue Records in Second Quarter

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Portugal's gaming regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) has announced the country's second quarter betting numbers, setting a new record for the period.

The online betting industry brought in €48.3 million for the three months ending June 30th, 2019, which beat the old record of €47.3 million. The total is 29.5% higher than the number brought in the year prior. Casino betting generated €25.3 million in revenues, up from €16.8 million in the year prior. There was €699.8 million wagered on casino games, with slots accounting for 67.03% of the total, while French roulette accounting for 13.49%, and blackjack totaling 8.08%.

Sportsbetting revenues reached €23 million up 12.4% from the year prior. The most popular sport wagered was soccer, with 71.41% of wagers placed, while tennis was second at 16.38%, and basketball being third at 7.5%.

Land-based revenues were up 0.5% to €77.4 million, with slots once again generating most of the revenue.

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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2 August 2019 - 7:19pm
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Obviously the raise in revenues have been quite significant in Portugal but of course that shouldn't surprise us at all I think when it's about a wealthy but still not fully developed market in my opinion, we could see more of that in the next quarters or even next year I guess.