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Portugal Is Experiencing a Gambling Market Increase by 17% in Q2 2022

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12 august 2022
Author: James Burton
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The licensed distributors in Portugal produced $ 149.8 million in GGR during the 2nd trimester, a gain of 17% over the same period last year.

Portuguese gambling market increased by 17%

Q2 Outcomes

The nation's GGR rise amounts to a boost of € 21.5 million, caused by a 42% expansion in gaming proceeds. Even though sales grew year over year, GGR decreased by roughly 8% in the second trimester from € 158.6 million compared with the 1st quarter.

The reduction in sports betting activity, according to SRIJ, which calculated the nation's Q2 figures, is to blame for the decline. This segment's output dropped by 17% in comparison with the first 3 months.

New player applications fell by 23% from one trimester to the next, yet they increased by 9% from one year before. Gamblers between the ages of 25 and 44 made up almost 60% of all users enrolled as of the end of June 2022.

The number of players who opted to exclude themselves experienced a surge in Q2. About 23,000 persons willingly stopped gaming. A total of approximately 716,000 punters engaged in wagering in the 2nd quarter.

The jurisdiction raised € 44.9 million in the mentioned time for its IEJO which is more than € 6 million compared to the previous year's same period.

SRIJ Actions

During Q2, the regulator delivered 58 warnings for liquidation and shut down 34 ISPs related to unlawful businesses.

The SRIJ has also taken action to confine the promotion made by illicit gambling distributors. It was done by creating many surveillance and consciousness campaigns.

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