Spanish online gambling revenue notches up another double-digit rise in 2024
Online gross gambling revenue reached a record €1.45bn.
Spain.- The Spanish gambling regulator, the Dirección General de Ordenación del Juego (DGOJ), has reported that online gross gambling revenue (GGR) generated in the country reached a record €1.45bn in 2024. That’s a rise of 17.6 per cent year-on-year.
The growth in Spanish online gambling revenue outpaced Europe as a whole. The European Gaming and Betting Association (EGBA) reported today that gross gambling revenue in Europe rose by 5 per cent year-on-year to €123.4bn in 2024.
In Spain, both online casino gaming and online sports betting saw double-digit increases in revenue. Online casino revenue rose by 17 per cent to €730.7m and online betting revenue rose by 23.8 per cent to €608.9m.
Slots remained the biggest contributor to the online casino segment, with revenue rising 22.8 per cent to €472.2m. Meanwhile, live roulette generated €208.8m and non-live roulette €24.9m.
In sports betting, revenue appears to have been boosted by the Euros 2024 and the Paris 2024 Olympic Games. Live betting was the biggest draw, generating €285.1m, a rise of 24.1 per cent. Pre-match betting was close behind with revenue of €284.7m, and other bet types contributed €32.3m.
Online bingo also rose, climbing by 23.8 per cent year-on-year to €14.9m. However, poker revenue fell by 5 per cent to €100.1m. Here, tournaments generated €73.6m and cash games €26.4m. Finally, contests generated €7,057, down 98.5 per cent from the previous year.
The DGOJ reported a 21.7 per cent rise in the number of active players to 1.9 million. The number of active accounts rose by 26 per cent to 3.8 million and monthly average active accounts by 23.5 per cent to 1.4 million. Deposits for the year totalled €4.58bn, a rise of 19.6 per cent. Withdrawals were up by 19.7 per cent at €3.15bn.
Marketing spend rose too, climbing by 30.4 per cent to €526.3m. Bonus payments rose by 30.8 per cent to €261.5m amid the lifting of some advertising restrictions after the Supreme Court partially overturned the Royal Decree on Advertising of 2022.
