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DGOJ as released Q1 2014 market results

Wednesday June 4,2014 :  SPORTS BETTING BOOSTS SPANISH GAMING SECTOR
 
First Quarter results show 10 percent growth in GGR
 
Spanish online gaming regulator Direccion General de Ordenacion del Juego (DGOJ) has released Q1 2014 market results on the Spanish online gaming market.
 
Compared to Q1/2013, the DGOJ indicated the market had grown 10 percent year-on-year with gross gaming revenues totaling Euro 67.93 million (Q1/2014: Euro 60.9 million), an increase of 9 percent.
 
Total amounts wagered increased 8.75 percent year on year to Euro 1,573.8 million with January in particular delivering a record performance where stakes amounted to Euro 540.2 million.
 
Operator spend on advertising, sponsorship and promotion amounted to Euro 16.61 million, a 10.68 percent decline year-on-year.
 
The number of active players increased 9.64 percent compared to the same period last year but the number of registered players declined 5.26 percent.
 
In terms of Gross Gaming Revenue, Betting leads with 55.41 percent, followed by Poker with 26 percent, Casino 13.09 percent, Bingo 3 percent and Contests 2.4 percent.
 
Segmented, poker is in decline with:
 
-   Gross gaming revenue declined 4.33 percent
-   Total gross gaming revenue Euro 17,66 million of which Euro 11.48 million was derived from cash games, down 6.29 percent and Euro  6.19 million from tournaments, down 0.5 percent.
 
Casino:
 
-   Gross Gaming revenue increased 0.68 percent to Euro 8.89 million
-   Of the Euro 338.6 million played in casino, 73.73 percent (up 4.46 percent) was spent on roulette and 26.20 percent (down 4.82 percent) on blackjack.
 
Sportsbetting:
 
-   Stakes amounted to Euro 642.73 million of which sportsbook share was 99.06 percent and Track Betting was 0.92 percent.
-   Total Gross gaming revenue of Euro 37.64 million of which Euro 37.2 million from sportsbook and 0.38 percent from track betting.
-   Sportsbetting increased 29.26 percent and Track betting 53.51 percent.
 
Bingo:
 
-   Gross gaming revenue increased by 19.54 percent.

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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