{"id":284,"date":"2024-06-29T01:40:12","date_gmt":"2024-06-28T22:40:12","guid":{"rendered":"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/29\/spain-athletic-wagering-propels-80-revenue-uptick-annually\/"},"modified":"2024-06-29T01:40:12","modified_gmt":"2024-06-28T22:40:12","slug":"spain-athletic-wagering-propels-80-revenue-uptick-annually","status":"publish","type":"post","link":"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/29\/spain-athletic-wagering-propels-80-revenue-uptick-annually\/","title":{"rendered":"Spain: Athletic Wagering Propels 80% Revenue Uptick Annually"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/ObDAXqg9O3U\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Spain: Athletic Wagering Propels 80% Revenue Uptick Annually &#8211; Finances &#8211; iGB<\/p>\n<p>Spain&#8217;s overall gambling income (GGR) expanded by 78.2% in the final quarter of 2022 compared to the same time frame a year prior, fueled by expansion in the athletic wagering sector.<\/p>\n<p>Home > Finances > Spain: Athletic Wagering Propels 80% Revenue Uptick Annually<\/p>\n<p>Spain: Athletic Wagering Propels 80% Revenue Uptick Annually<br \/>\nDuring the three-month span, GGR reached \u20ac313.3 million (\u00a3274.7 million\/$334.2 million), which is also 27.1% greater than the \u20ac240.8 million recorded in the third quarter of 2022, according to data released by the Spanish regulatory body, the General Directorate for the Regulation of Gambling (DGOJ).<\/p>\n<p>Specifically, athletic wagering GGR reached \u20ac141.4 million, an increase of 223.4% annually (up 52.8% quarterly), accounting for 45.1% of total GGR for the quarter.<\/p>\n<p>The DGOJ noted that pre-match betting increased 108.5% quarterly, in-play betting increased 13.8%, other betting increased 86.8%, and horse racing betting increased 63.6%.<\/p>\n<p>Moving on to casinos and GGR, there was an annual increase of 32.4% to \u20ac142.3 million, which is 11.1% higher than the third quarter. The sector accounted for 45.4% of total GGR in the fourth quarter, slightly greater than athletic wagering.<\/p>\n<p>Slot machine GGR was 27.3% greater than the previous year, while live roulette GGR also increased by 51.7%.<\/p>\n<p>Elsewhere, poker GGR increased 26.8% annually to \u20ac26.1 million, accounting for 8.3% of the total market, while bingo GGR fell 11.5% to \u20ac3.6 million and competition revenue also fell 36.7% to \u20ac30,000. <\/p>\n<p>##  Elevated Promotional Expenditures<\/p>\n<p>Marketing outlays hit \u20ac106.4 million this quarter, reflecting a 13.9% surge compared to the same period in 2022 and a 30.1% jump compared to the preceding quarter. This encompasses \u20ac51.7 million in promotional outlays, \u20ac38.7 million in sponsorship fees, and \u20ac14.6 million in affiliate fees.<\/p>\n<p>The average monthly count of active gaming accounts reached 1,185,452, representing a 22.9% rise compared to the same period last year and a 21.1% increase compared to the previous quarter. The average monthly count of new gaming accounts was 131,095, reflecting a 21.6% decline compared to the same period last year but a 23.9% rise compared to the preceding quarter.<\/p>\n<p>At the close of this quarter, there were 78 licensed operators in Spain, encompassing 54 casino operators, 45 betting operators, 9 poker operators, 3 bingo operators, and 2 competition operators.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spain: Athletic Wagering Propels 80% Revenue Uptick Annually &#8211; Finances &#8211; iGB Spain&#8217;s overall gambling income (GGR) expanded by 78.2% in the final quarter of 2022 compared to the same time frame a year prior, fueled by expansion in the athletic wagering sector. Home > Finances > Spain: Athletic Wagering Propels 80% Revenue Uptick Annually [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Spain Sports Betting Booms: 80% Revenue Surge<\/title>\n<meta name=\"description\" content=\"Spain\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/29\/spain-athletic-wagering-propels-80-revenue-uptick-annually\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Spain: Athletic Wagering Propels 80% Revenue Uptick Annually\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Spain\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/29\/spain-athletic-wagering-propels-80-revenue-uptick-annually\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Unlock Your Casino Potential | Licensed Platform &amp; Latest Updates\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T22:40:12+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/29\/spain-athletic-wagering-propels-80-revenue-uptick-annually\/\",\"url\":\"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/29\/spain-athletic-wagering-propels-80-revenue-uptick-annually\/\",\"name\":\"Spain Sports Betting Booms: 80% Revenue Surge\",\"isPartOf\":{\"@id\":\"https:\/\/katscasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-28T22:40:12+00:00\",\"dateModified\":\"2024-06-28T22:40:12+00:00\",\"author\":{\"@id\":\"https:\/\/katscasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Spain\",\"breadcrumb\":{\"@id\":\"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/29\/spain-athletic-wagering-propels-80-revenue-uptick-annually\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/29\/spain-athletic-wagering-propels-80-revenue-uptick-annually\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/29\/spain-athletic-wagering-propels-80-revenue-uptick-annually\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/katscasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Spain: Athletic Wagering Propels 80% Revenue Uptick Annually\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/katscasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/katscasinonodepositbonus.icu\/\",\"name\":\"Unlock Your Casino Potential | Licensed Platform &amp; Latest Updates\",\"description\":\"Indulge in the thrill of licensed online gambling with our up-to-date news, comprehensive game reviews, and expert articles. 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