Spain’s online gambling market has reached an all-time high with gross gambling revenues for 2016 soaring by 32.6% to €125.7m in Q4.
According to results posted by the Directorate General for the Regulation of Gambling, the amount wagered online increased by 19.9% to €2.9bn.

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Sports betting had a huge impact on the fourth quarter results, generating an impressive 55.52% of the country’s total gambling revenues worth €69.8m.

Spain’s online gambling market has reached an all-time high with gross gambling revenues for 2016 soaring by 32.6% to €125.7m in Q4. According to results posted by the Directorate General for the Regulation of Gambling, the amount wagered online increased by 19.9% to €2.9bn.

Spanish Online Gambling Marketplace

Additionally, casinos held a 28.6% share worth €36m, poker with a 12.12% share worth €15.2m, with bingo only contributing a dismal 2% share worth €2.2m.
The number of first-time customers signing up for new accounts increased by 10% to 598,000, whilst active players saw an increase of 17.3%.
The reason for the notable increase in signups is down to operators spending more than a third on marketing and promotional material, which has clearly paid off.
Furthermore, whilst poker saw a drop in the amount wagered, it enjoyed a slight increase in revenue during the fourth quarter of 2016. The amount wagered was down 6.9% year-on-year to €415.6m, whilst revenue totalled €15.23m, up 4.6%.

Euro Games Technology keeps on gaining speed on the B2 saloon market in Spain.

Spanish Online Gambling Marketing

Soon after the company received certification for its respective products and made its first installations, it is now expanding its reach in the sector, delivering to two more operators.

“In July and August we completed our set-up work at Orenes Group’s gaming hall in Lleida and Repris Group’s Salon Sport, located in Barcelona,' commented Kristian Kostovski, director of EGT Spain.

Spanish Online Gambling Markets

“We have worked with Orenes for years mainly for their casinos, both land-based and online. Now we are glad to be of service also for their B2 saloon business and I hope that the recent installations will be the first of many to build on their image of one of the most impactful and respected participants in our industry.”

Repris Group, on the other hand, is a new customer for EGT. It operates establishments in Catalonia and Valencia. “They chose us as we have already achieved very good presence in Spain in the casino sector and because the design and ergonomics of our cabinets, the attractive graphics and sounds of our games and the user-friendly interface are standing out,” continuedKostovki.

“So they expected our B2 saloon products certification as an opportunity to start a partnership and I am confident that we will be able to meet their expectations.

“It is just the beginning of our B2 saloon market entry. Our products for the gaming halls are based on EGT’s casino proven approach and are tailored to the specifics of the market, so we are able to provide our customers with a high-performing solution.”