Operator News
Portugal – Portugal’s casinos enjoy 14 per cent increase in third quarter
By Phil - 24 January 2024
Portugal’s land-based casino sector, including slot machines, tables and bingo halls, recorded GGR of around €76.1m in the third quarter of the year, an increase of 14 per cent compared to the previous quarter, and a growth of 7.8 per cent compared to the same period in 2022.
Increase in electronic table games contributed greatly to the growth of the period with 23.64 per cent and 75.12 per cent, respectively, adding up to about 98.76 per cent of the total gross revenue.
Land-based slot machines generated €57.2m of this total, up one per cent from last year, accounting for 75.1 per cent of all revenue in Q3. The other €18.9m came from table gaming and bingo games, marking an increase of 35.6 per cent. Baccarat accounted for €5.9m whilst American roulette brought in €5.8m and blackjack €3.3m.
The data, made available by Portugal’s regulator, Servicio de Regulación e Inspección del Juego (SRIJ), also shows that between July and September 2023, the online gaming and online betting activity generated around €215.3m in GGR, up €9.4m compared to the previous quarter, with profits of €11.5m, and increase (up 9.4 per cent). There was an increase in new players registration and self-excluded at 7.8 per cent and 8.3 per cent, respectively, compared to the previous quarter.
In terms of online casino and sports betting, there was a GGR increase of €57m, up 36 per cent, in both online casino gambling, which generated €44.8m and sports betting which brought home €12.3m.
The regaions of Porto and Lisbon had the highest concentration of online gamblers (21.2 per cent and 20.7 per cent, respectively), followed by Braga, Setúbal and Aveiro, which account for 25 per cent of the total number of registered online players.
