Portugal posts 17% GGR rise for Q2

Home » Portugal posts 17% GGR rise for Q2

For the second quarter, licensed operators in Portugal generated €146.4m ($149.8m) in gross gaming revenue (GGR), a 17% year-on-year increase driven by online gambling.
The Iberian country’s double-digit GGR increase amounts to a €21.5m increase, fueled by a 42% increase in games of chance.
However, while revenue increased year on year, GGR fell nearly 8% sequentially, from €158.6m to €158.6m.

The country’s regulator, Portugal’s Serviço de Regulaço Inspeço de Jogos (SRIJ), which compiled the country’s Q2 results, attributed this to a decrease in sports betting activity. This segment produced €12.2 million less than it did in Q1, a 17% decrease.

New player registrations also fell by 23% quarter over quarter, though they increased by 9% year over year.

As of 30 June 2022, players aged 25 to 44 accounted for roughly 60% of all registered players.

Meanwhile, self-excluded players experienced a surge in Q2. When compared to Q1, nearly 23,000 more people voluntarily abstain from gambling, representing an 8% increase.

Overall, approximately 716,000 players gambled during Q2, a decrease of over 43,000 players from the previous quarter.

In terms of illegal gambling, the SRIJ issued 58 closure notifications and blocked 34 ISPs during Q2.

“Within the scope of its powers, the SRIJ has also acted to limit the advertising made by online gaming operators who do not have a licence for this purpose, having developed several monitoring and awareness campaigns,” it continued.

Furthermore, Portugal collected €44.9 million for its ‘Special Tax on Online Gaming’ (IEJO) in the second quarter, roughly €6.1 million more than in the same period last year.

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