Portugal sees record rise in online gambling for Q2
Online gambling revenue in Portugal reached €261.8m, 27.2% higher than Q2 2023.According to a survey conducted by Serviço de Regulação e Inspeção de Jogos (SRIJ), online...
Portugal records €266.3M iGaming revenue for Q3 2024
In Q3 2024, iGaming revenue in Portugal reached €266.3m, 23.7% higher than Q3 2023.
The online casino market was the primary driver of growth for iGaming, recording an all-time high of €175.1 million in revenue, which is an increase of 31.2%. Spending on online casino games hit €4.87 billion, an increase of 33.7%. Slots continued to dominate, with 80.4% of wagers.
Sports betting in Portugal
Sports betting revenue declined by 11.7% from Q2 2024, totaling €91.2 million. Spending on sports betting grew 23.8% year-on-year, reaching €483.4 million, with football remaining the most popular sport, attracting 72.7% of all bets.
Player engagement
Player engagement also grew, with 4.5 million people gambling online, a 16.9% increase from Q3 2023. There were 269,800 new registrations, and the 25-34 age group remained the most active demographic. The number of self-excluded players rose significantly, with 276,200 consumers excluded by the end of Q3.
Land-based gaming in Portugal
Land-based gaming recorded a gross revenue of €75.9 million, marking a 19.1% increase from Q2 2024. Physical slot machines remained the top revenue source, although revenue from casino-style games, particularly American roulette, also rose.
FAQs
Is gambling legal in Portugal?
Gambling is only allowed in casinos located in the 10 gaming zones established by the Portuguese Gaming Law.
What is the legal gambling age in Portugal?
The legal gambling age in Portugal is 18.
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