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January 3, 2025

Portugal topples online gambling revenue record again in Q3

Online gambling revenue in Portugal hit an all-time-high for the eighth consecutive quarter in Q3, driven by a record performance from the nation's internet casino market.

Gross online gambling revenue in Portugal hit €266.3 million (£220.9 million/$273.8 million) during Q3. This surpasses Q3 of 2023 by 23.7% and the previous quarterly record, set in Q2 2024, by 1.7%.

Online casino revenue hits record €175.1 million

Data from regulator Serviço de Regulação e Inspeção de Jogos (SRIJ) shows this growth was driven by the online casino segment. Here, gross revenue hiked 31.2% year-on-year to an all-time high of €175.1 million. This also surpassed Q2 revenue by 10.5%.

Spending on internet-based casino games hit €4.87 billion in Q3, another new record and a 33.7% increase from 2023, as well as 11.6% higher than Q2.

As has been the case for some time, slots remain by far the online casino game of choice in Portugal. Slots drew 80.4% of all wagers during Q3, ahead of French roulette ..

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August 19, 2024

Portugal online gambling revenue hits record high in Q2, land-based declines

Online gambling revenue in Portugal reached €261.8m (£223.1m/$289.2m) in Q2, a record figure and the eighth consecutive quarter in which revenue has hit an all-time high. However a decline in table games revenue hit the country's land-based industry.
The Q2 total is marginally higher than the previous record of €260.8m, which was set in Q1 this year. Revenue for the three months to 30 June is also 27.2% higher than Q2 2023, according to Portugal regulator Serviço de Regulação e Inspeção de Jogos (SRIJ).

However while online gambling in Portugal is thriving, local operators are warning of a growing threat from the illegal market.

Online casinos still king in Portugal
Breaking down the quarterly performance, online casino games accounted for €158.5m of all revenue in Q2. This represents an increase of 29.9% from €122.0m in 2023 but a slight drop from €160.3m in Q1.

In terms of spending, players wagered a total of €4.37bn across online casino games during Q2. This is 34.7% higher ..

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July 7, 2022

Portuguese online gambling revenue jumps 23.6% YoY in Q1

Portuguese regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) reported a 23.6% year-on-year increase in online gambling revenue for the first quarter of 2022.

Revenue for the three months to the end of March was €158.6m (£135.3m/$161.7m), up from €128.3m in the corresponding period last year.

Online casino revenue for the quarter amounted to €80.9m, which was 37.6% higher than €58.8m in Q1 of 2021, while online sports betting revenue also increased 11.8% to €77.7m.

Looking at player spending, consumers wagered a total of €2.21bn on online casino during the three-month period, up 37.3% year-on-year, though online sports bets were down by 12.8% to €369.4m.

Breaking down player gambling habits, of the total amount wagered in online casino, 78.1% was on slot games, with 8.8% on French roulette and 5.1% on blackjack.

In terms of sports betting, 69.9% of all online bets placed were on football, with 12.4% each on basketball and tennis, and the remaining 5.3% ..

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