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Spain has 1 Million Online Gamblers
Wednesday March 27,2013 : ONE MILLION ONLINE GAMBLERS IN SPAIN
Latest stats from regulator show Q4-2012 revenues up 41 percent
Fourth quarter 2012 stats from the Spanish online gambling regulator La Direccion General de Ordenacion del Juego show that GGR reached Euro 61.4 million in the sector, an encouraging rise of just over 40 percent over the third quarter.
La Liga football action was attributed as the main driver of the increase, which pushed online wagering handle to Euro 1.36 billion, or a 24 percent rise over the previous quarter, with the number of registered players at Spanish-licensed websites passing the landmark one million for the first time.
The bad news is that although almost 72,500 new sign-ups are being recorded every month, this is a more than 25 percent decline from the 100,000 a month recorded in the period following the legalisation of online gambling in mid-2012.
The DGOJ reports that sports betting constituted 48.4 percent of all online wagering, with GGR soaring 66 percent to Euro 30 million compared to the third quarter. Operator betting handles rose to Euro 483 million, with a hold rate of 6.2 percent.
Online casino operators still waiting for the regulator to unleash online slot action in the Spanish market contributed 12.4 percent of all online revenues, whilst online poker revenues rose 17 percent to Euro 17.4 million in the quarter.
Online bingo delivered 3.6 percent of the total GGR for the quarter.
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Gambling News :
Local Florida Poker Pros Scam Marc Klang For $500k -
Previous scumbag rightfully wins over $500,000 gambling against a conglomerate of local poker pros. After using every excuse possible, said group decides they are not paying out any money. After some time they pay out $43k of 500k. Winner warns community of the groups actions to prevent similar future scams.
Super Multitimes Progressive HD Slot -
This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.
2017 Aussie Milliona Updates Events 2,3,4 -
Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.
Juventus name VWin as Partner -
“We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.
Luckia Group 2016 Results -
The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.
Fire Rooster Slot Launches -
This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.
n2-Live Updates -
The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”
Betfred FY 2016 -
Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.
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