{"id":247,"date":"2024-06-26T02:05:56","date_gmt":"2024-06-25T23:05:56","guid":{"rendered":"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/26\/spanish-online-gambling-revenue-rises-in-q4-2023\/"},"modified":"2024-06-26T02:05:56","modified_gmt":"2024-06-25T23:05:56","slug":"spanish-online-gambling-revenue-rises-in-q4-2023","status":"publish","type":"post","link":"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/26\/spanish-online-gambling-revenue-rises-in-q4-2023\/","title":{"rendered":"Spanish Online Gambling Revenue Rises in Q4 2023"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/ue4JyfieTsg\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>The Spanish online gambling industry experienced a modest uptick in earnings during the final quarter, reaching a total of \u20ac315.3 million. This represents a slight increase compared to the same period in the previous year and the preceding quarter. The rise in revenue was accompanied by a corresponding increase in overall deposits.<\/p>\n<p>The fourth quarter witnessed a 0.6% growth in gross gambling revenue compared to the same period in 2022. This figure also surpasses the total generated in the third quarter by 3.6%.<\/p>\n<p>Casinos emerged as the primary revenue generator in the fourth quarter, significantly outperforming other categories. The casino sector generated \u20ac171.3 million in revenue, accounting for 54.3% of the total Spanish market. This growth was fueled by a substantial 25.9% surge in slot machine revenue and a 15.3% increase in live roulette revenue.<\/p>\n<p>Sports betting revenue reached \u20ac114.7 million, representing 36.4% of the total revenue. Meanwhile, poker revenue stood at \u20ac25.4 million, accounting for 8.1% of the total. Poker tournaments experienced a slight decline of 0.5%, while cash poker saw a 7.0% increase.<\/p>\n<p>Bingo revenue contributed \u20ac3.8 million, representing 1.2% of the total revenue. Competition revenue was negligible at \u20ac0.05 million.<\/p>\n<p>Player spending saw a notable increase in the fourth quarter, with consumers depositing a total of \u20ac1.04 billion into their online gambling accounts. This represents a 9.4% increase compared to the same period in 2022.<\/p>\n<p>The average monthly number of active gaming accounts rose by 6.8% year-on-year, reaching 1,269,585. <\/p>\n<p>However, the typical count of new gaming profiles dropped by 2.3% to 129,207.<\/p>\n<p>Concerning operator marketing endeavors, total expenditures in the final quarter reached \u20ac113 million, a 5.3% increase from 2022. Of this sum, \u20ac53 million was allocated to promotions, \u20ac45.2 million to advertising, \u20ac14 million to affiliate marketing, and \u20ac0.75 million to sponsorships.<\/p>\n<p>By the conclusion of the fourth quarter, Spain boasted 78 authorized operators. This encompasses 49 providing casino games, 43 offering sports wagering, 9 facilitating poker, 3 offering bingo, and 2 providing competitions.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Spanish online gambling industry experienced a modest uptick in earnings during the final quarter, reaching a total of \u20ac315.3 million. This represents a slight increase compared to the same period in the previous year and the preceding quarter. The rise in revenue was accompanied by a corresponding increase in overall deposits. The fourth quarter [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Spanish Gambling Revenue Sees Slight Uptick in Q4<\/title>\n<meta name=\"description\" content=\"The Spanish online gambling industry saw a modest increase in earnings during the final quarter, reaching \u20ac315.3 million. 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