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Spanish and Swedish Gambling markets continue to grow

Wednesday Februsry 17,2017 :  SPANISH AND SWEDISH MARKETS CONTINUE TO GROW
 
Sports betting still the star in FY figures.
 
This week has seen 2015 numbers released by the Spanish and Swedish regulators, with both markets still showing growth.
 
In Spain, the Dirección General de Ordenación del Juego (DGOJ) reported that overall GGR (gross gaming revenue) was up an impressive 28 percent to Euro 319.6 million on wagers totalling over Euro 8 billion, with sports betting remaining the most popular wagering generator.
 
The sports betting vertical delivered a 40 percent year-on-year increase in revenue over 2015 to reach Euro 179 million, whilst the other star of the annual show proved to be online casino, where the addition of slots action earlier in the year pushed revenues up 80 percent to Euro 67.5 million.
 
Less salubrious performances were recorded by online poker (down at Euro 59.8 million) and bingo (a decline to Euro 7.8 million).
 
In terms of revenue contribution in 2015, sports betting was the biggest at 56 percent of all online GGR, followed by online casino at 24 percent, with internet poker now down to around 15 percent.
 
The year ended with a good performance from the industry in Q4-2015, with online GGR up 40 percent to Euro 94.7 million, made up of sports betting Euro 53.5 million; casino Euro 22.6 million, poker Euro 14.5 million and bingo Euro 2.1 million.
 
In the Nordic North, Sweden’s Lotteriinspektionen boasted that the national market had again outperformed industry norms in 2015, claiming that the overall gambling market generated wagering of SEK 45.6 billion - a 1.5 percent year-on-year growth that created revenues of SEK 16.7 billion.
 
Online GGR for the year came in at SEK 8 billion, a y-o-y increase of around 7 percent, but the regulator estimates that most of that - SEK 4.4 billion - was for the pockets of unlicensed and illegal offshore operators.
 
Nevertheless, the state-owned monopoly Svenska Spel recorded GGR up 8 percent y-o-y at SEK 3.6 billion, with the regulator claiming that the increase outperformed that of foreign competitors by a good 2 percent.
 
Unlicensed operators spent generously on advertising to Swedish online punters, contributing over 70 percent of the SEK 3.3 billion invested in Swedish gambling advertising throughout the year, which declined slightly.
 
The regulator claims that over 2015 the average Swedish punter lost around SEK 2,133 to licensed and regulated Swedish gambling activity, whilst those who used illegal offshore sites lost far less per head at SEK 447...perhaps because of better products and offers?
 
The regulator notes that at some future point the market could become more competitive with the restrictions on licensing for foreign companies lifted in response to pressure from the European Commission



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MPN Poker Tour Malta Day 1A - The MPN Poker Tour has returned to Casino Malta this week, with a €150,000 guaranteed €500 + €50 Main Event running alongside a full complement of side events, parties and activities.

€8 million mobile jackpot win on Mega Moolah - Mega Moolah was hit on Tuesday 25 April 2017 by a Tipico player playing on their mobile device, just over a month after a €6.6 million jackpot was collected in March. The pay-out of €8,012,153.35 is the largest mobile jackpot win in history, superseding Microgaming’s pay-out in August 2016 of €7,968,311.26.

NHL Odds: Young Oilers Face Veteran Ducks in Round Two - Game Two in Anaheim (10:30 PM ET on NBCSN) features the first and second ranked teams in the Pacific Division during the regular season, with only two points separating them. The Oilers edged the Ducks 3-2 in regular season games, outscoring them by a slim 14-12 margin. This series will be close, and Game Two will decide who has the edge heading back to Edmonton.

BitStarz Casino pays out nearly $100,000 over 2 days - They say lightning doesn’t strike in the same place twice, but it did at BitStarz as yet another player lands a massive payout on an Amatic slot!

Americas Card Room Online Super Series Starts Now - The OSS Cub3d is Americas Cardroom’s 3-part tournament series. It features the Mini Online Super Series (MOSS), the now-underway Online Super Series (OSS), and the upcoming Bigger Online Super Series (BOSS).

New Quick Seat feature at Ignition Poker - New Quick Seat feature at Ignition Poker.In order to ensure our poker players’ user experience is even more seamless, we’ve introduced a new feature in our poker software called Quick Seat for both Ignition Poker.

Finnish people prefer the government to run the casinos - Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.

New Era of Gambling. Now with Bitcoins. - It is not a secret that more than half of the bitcoin transactions have been related, at least somehow, to the online gambling activities.

NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 - The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?

Caesar’s Triumph Slot Launches - Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.

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