Portugal's Online Revenues Rise in Q1

This story was published more than 2 years ago.

Gaming revenues in Portugal rose in the first quarter of this year, this coming despite a large drop in retail revenues because of the Covid-19 pandemic.

Revenues for the period ending March 31st came in at €134.3 million, up from €131.8 million last year. Online revenues were up 82.8% from last year, coming in at €128.3 million. Sportsbetting revenues were up 101.5% to €69.5 million, and handle was up 184.1% to €423.8 million.

Slots accounted for 72.9% of all online revenues, while roulette generated 12.3% and blackjack 6.4%.

Retail revenues were down 90.3% to €62 million, due largely to closures related to the pandemic during the time period. Gaming machine reenues were down 91.6% to €5.2 million, with other land revenues down 92.6% to €812,750.

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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10 June 2021 - 3:43pm

I've maintained that online is the future for betting, and I bet (har har) that this pandemic is helping push things in that direction.