Spain – DGOJ releases first online report for 2017By Phil - 22 May 2017
According to The Directorate General for the Regulation of Gambling (DGOJ) report on Spain’s online gaming, Gross Gaming Revenue (GGR) from January to March stood at €122.66m a decrease of 2.39 per cent compared to the previous quarter, and an increase of 19.89 per cent compared to the first quarter of 2016.
The regulatory body reported that the total amount of deposits made during the quarter stood at €337.26m which is an increase from the previous quarter of 4.25 per cent and 24.37 per cent compared to the same quarter last year.
Of the total amounts played poker experienced a decrease of -1,79 per cent and an increase in GGR of 2.40 per cent compared to the same period last year. The amount played increased for online casinos by 31.30 per cent while GGR was up 29.92 per cent. Betting on sports increased by 3.96 per cent, while GGR increased by 22.12 per cent, while the amount bet on bingo decreased by -10,13 per cent and GGR increased by 6.88 per cent.
The total amount of withdrawals made by registered users, stood at €216.6m an increase of 4.78 per cent compared to the previous quarter and an increase of 26.27 per cent over the first quarter of last year. The DGOJ report also indicated that the number of registered active users during the first quarter of the year stood at 603,107, a decrease from the previous quarter of 0.24 per cent and an increase of 9.56 per cent over the same quarter of 2016.
Of the total amounts played sports betting came in first place and accounted for 46.33 per cent of the market. Online casinos games accounted for 39.54 per cent. Poker 13.52 per cent, bingo 0.57 per cent and online competitions 0.004 percent. Sports betting again accounted for the largest share of GGR and stood at 58.38 per cent. In second place were online casino games with 26.52 per cent, poker 12.35 per cent, bingo 1.93 per cent and competitions 0.83 per cent.
While betting is down slightly and up compared to the same quarter of last year it is still hard for local operators to make a profit. In April the Spanish online gaming association Jdigital said that the online industry is still far from being considered profitable since less than 20 per cent of online gaming companies in Spain are making a profit. According to data supplied by Jdigital land based gaming still continues to dominate the market and makes up 73.52 per cent of total gaming sales. As a result the body is calling for tax reform for online gaming which would be more in line with that of other European countries, which, in its opinion, would contribute to attract more investment and would mean higher tax revenue for the government long term.