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Online Casinos Doing Great In Spain
Wednesday August 12,2015 : ONLINE CASINOS THE ONLY BRIGHT SPOT IN LATEST SPANISH MARKET RESULTS
Market contracts in second quarter 2015.
The online casino vertical was only bright spot in the second quarter results from the Spanish online gambling market, which were released this week; all other verticals showed declining fortunes.
Online casino turnover was up almost 62 percent following the launch of slot action in the market, and total casino revenue increased 59.1 percent to Euro 14.6 million. Roulette contributed Euro 6.2 million, followed by Blackjack at Euro 4.2 million, Live Roulette at Euro 3 million and slots at Euro 1.2 million. Bingo fell to Euro 1.85 million, with the competition sector dropping 11.7 percent to a new low of Euro 800,000.
The Dirección General de Ordenación del Juego (DGOJ) reported that total Spanish-licensed online gambling operator revenue fell 6.3 percent year-on-year to Euro 66.7 million in Q2-2015 despite a 29 percent gain in overall turnover.
The usually positive sports betting vertical reported stakes up 51 percent to just over a billion Euros, player wins saw revenue come in 2.3 percent down year-on-year at Euro 31.1 million. Pre-match wagering revenue declined 3.8 percent and its contribution to the overall sports betting pot fell to 25.3 percent, whilst live betting increased 71.7 percent to Euro 22.3 million, and horseracing delivered just 2.7 percent.
Online poker operations continued the spiral downward with revenue dropping by 6.6 percent to Euro 14.4 million, with tournament revenue up 35 percent to Euro 7.1 million, but cash games shedding 28 percent to Euro 7.3 million.
Total punter deposits in the market were up 22.5 percent, surprising considering that operator marketing spend declined 19 percent, and affiliate incentives dropped 10.2 percent. However, bonus offers were way up, soaring almost 90 percent, which clearly appealed to many players.
Gambling News :
Michael Myers is back in Halloween Slot Machine -
Get ready for a blood-curdling adventure with Microgaming’s latest offering – Halloween Follow Annie, Lynda, Doctor Loomis, and our heroine Laurie as they try to survive the ultimate horror movie villain, Michael Myers.
Joe Fortune new Rewards Program -
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NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
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