Spain iGaming Dashboard – Q3 2019

The return of European football helped Spain’s sports betting vertical rebound in Q3, during a period in which all verticals posted year-on-year growth.

The licensed Spanish market hit its lowest ebb in June, when revenue fell to €55.9m (£47.7m/$61.9m), but its recovery began from July and continued throughout the third quarter.

Sports betting was a key driver of this growth, with revenue growing each month of the period after the summer lull. This was driven predominantly by in-play betting, which offset year-on-year decline in pre-match wagering.

This allowed the vertical to grow its market share to 52.57%, having dipped below 50% in the prior quarter.

Casino, however, endured a softer quarter, having been the standout performer in Q2. Revenue of €20.10m in August marked the lowest monthly total for the vertical of the year to date, though this showed signs of recovery in September, when the vertical’s total jumped to €23.14m.

Turning to player activity, the final month of Q3, September, set a new market record for the number of active monthly players. With 937,783 actives for that month, the previous record of 916,318 set in March 2019 was broken.

However, new player registrations have slowed in 2019, after hitting a high of 298,772 in January. While registrations climbed to 278,468 in September, new sign-ups have traditionally slowed in the last months of the year.

Ficom Leisure also provides exclusive monthly estimates on the Italian online market in the Italy iGaming Dashboard, including operator market shares across casino, sports betting and poker.
It also provides monthly estimates on New Jersey in the New Jersey iGaming Dashboard, as well as quarterly estimates on Denmark in the Denmark iGaming Dashboard, Portugal in the Portugal iGaming Dashboard and Pennsylvania in the Pennsylvania iGaming Dashboard.

European corporate advisory firm Ficom Leisure is a specialist in all segments of the betting and gaming sector.