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Spanish Recovery in online gaming market volume

Tuesday March 4,2014 :  SPANISH MARKET PROGRESSES
 
Recovery in online gaming market volume
 
Fourth quarter 2013 online gaming results released by the Dirección General de Ordenación del Juego (DGOJ) show a step in the right direction in terms of volume in the Spanish market.
 
Key Q4 performance figures include:
 
-   Online gaming stakes amounting to Euro 1,472 million, a 13.9 percent increase over the previous quarter.
-   A Gross Gaming Revenue increase of 15.6 percent over the previous quarter to Euro 59.9 million.
-   Monthly average stakes amounted to Euro 491 million in the 4th quarter (Q3/2013: Euro 431 million)
-   Average monthly GGR totaled Euro 20 million in the 4th quarter (Q3/2013: Euro 17.3 million)
-   Total number of registered players increased by 9.4 percent compared to Quarter 3, 2013.
-   New registered players totaled 137 264 in the fourth quarter (Q3/2013: 135 513), up 9.4 percent
-   Total average monthly active players in the fourth quarter of 2013 was 294 477 (Q3/2013: 254 424).
 
-   Online sportsbetting accounted for 48.9 percent of total net income in the fourth quarter of 2013, online poker cash games accounted for 19.3 percent, poker tournaments 9.8 percent,  casino games 14.2 percent which broken down into game type - Roulette with 9.4 percent, BlackJack 4.1 percent - and lastly Bingo at 3.6 percent.
 
-   Pari mutuel sports betting and other betting exchanges still represent a modest share of the market (0.01 percent and 0.07 percent, respectively).
 
Quarter 4, 2013 net income performance split into game type compared to Q3/2013 include:
 
-   An increase in sports betting net income of 19 percent to Euro 29 299 119 (Q3/2013: Euro 24 596 687)
 
-   Horse race betting experienced a rise of 17 percent to Euro 411 941 (Q3/2013: Euro 351 038) but still down compared to Q2/2013 which yielded Euro 430 708.
 
-   Poker amounted to Euro 11 570 962, up 8 percent.
 
-   Poker Cash Games amounted to Euro 5 869 527, up 17 percent.
 
-   Blackjack amounted to Euro 2 447 771, up 7 percent.
 
Per Annum:
 
-   Total registered players as of December 31, 2013 stood at 1 596 048 (2012: 1 010 820)
-   Total number of new registrations in 2013 reached 585,228 .
-   Average monthly active players during 2013 stood at 276,958.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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