SPORTS BETTING
Portugal – Euros help drive Portugal to 81.9 per cent increase in gambling revenue
By Phil - 15 August 2021
Portugal’s gambling regulator Serviço de Regulação Inspeção de Jogos (SRIJ) has confirmed that online gambling revenue increased 81.9 per cent in the second quarter of the year, reaching €125m.
The increase was fuelled by a 224.5 per cent increase in sports betting revenue, from €20.8m to €67.5m, due mainly to a full sports calendar in 2021 after the disruption caused by COVID and of course by the European football championships. Football generated 77.5 per cent of all online sports bets, followed by tennis with 9.6 per cent and basketball with 8.7 per cent.
Online gaming increased by 20 per cent to €57.5m, with slots accounting for 76 per cent of all casino bets. The period saw 151,900 new players register for online gambling in the second quarter, with 93,600 gamblers self-excluding.
Retail gaming revenue increased to €30.6m, up 166.7 per cent from the second quarter of 2020 when all retail venues were closed due to the pandemic.
Slots were up 159 per cent to €24.6m whilst American roulette accounted for €1.5m in revenue.
