SRIJ Stories on Portuguese On the net GGR in Q3 2021

Gambling Regulation and Inspection Service of Portugal (SRIJ) has claimed on the gains acquired from the iGaming sector in the 3rd quarter of 2021. The regulator released the information in the area fiscal news.

From July to September 2021, €114.2 million was gathered from iGaming things to do in Portugal. It is 35.5% (or €30 million) a lot more than on line gambling profits from the very same period in 2020. Nonetheless, on the internet GGR has reduced by 8.6% (or €10.8 million), in comparison to the 2nd quarter of 2021.

At the same time, the land-based mostly on line casino sector ongoing to grow and created €49.2 million in the 3rd quarter of 2021. The revenue is 60.9% (or €18.6 million) higher than the offline casino income from the Q3 2021

The decrease in online sports activities betting led to a decrease in Q3 GGR

In accordance to the SRIJ, the drop in the iGaming profits is a end result of small sports betting GGR, which is down by 26.9% from the Q2 2021 stage. At the similar time, the profits from on the web online games of probability have improved by 12.8%.

iGaming sector

GGR in Q3 2021

GGR in Q2 2021

GGR in Q3 2020

Athletics betting

€49.3m

€67.5m

€42.5m

On line video games of opportunity

€64.8m

€57.5m

 

Complete GGR

€114.2m

€124.9m

€84.2m

Principal updates in the Portuguese iGaming current market

In other on-line gambling information, the Portuguese market has grown given that Q2 2021. In the 3rd quarter of 2021, 162.3k new players registered at on-line casinos or sportsbooks. Self-exclusion rates have also observed a quarter-on-quarter expansion, with 100.8k end users getting a break from gambling in Q3.

SRIJ has also not long ago introduced a new sort of gambling license. As of November 2021, the authority accepts programs from the crash activity companies.

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