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Augmentation of Portuguese Gambling Sites Proceeds in Q1

The content of the article
08 july 2022
Author: James Burton
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In the first trimester of 2022, internet gambling revenues rose by more than 23%, according to the Portuguese authority (SRIJ).

Portuguese gambling: proceeds in Q1, 2022

Overall Review

In the 3 months at the beginning of the year, the industry generated € 158 million which is € 30 million more than in the same period in 2021.

More than € 80 million was made by online casinos, which is about 38% more than in the previous year. Earnings from internet betting increased by 12% and totalled € 77.7 million.

Casino enthusiasts' spending exceeded the € 2.20 billion mark. However, consumers are spending 12.8% less on online sportsbooks.

Users' gaming choices could be separated into such categories:

Locals mainly place bets on such sports:

  • football — 69,9%;
  • basketball — 12,4%;
  • tennis — 12,4%
  • other — 5,3%.

Additional Statistics

The creation of 215,600 new gaming accounts is another accomplishment of the first quarter. However, this represents a decrease of more than 34.5% compared with the same dates in the previous year.

At the end of the time frame, 118,900 individuals had decided against participating in online gambling by self-restricting themselves.

SRIJ ordered to shut down 82 portals and barred access to another 71 platforms that were operating illegally.

Proceeds from the terrestrial vertical for the quarter fell by more than 7% to € 54 million, from which:

  • slot machines — € 43,9 million;
  • board games — € 9,4 million;
  • bingo and poker — € 663,950.
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