SRIJ Reports on Portuguese On the internet GGR in Q3 2021

Gambling Regulation and Inspection Services of Portugal (SRIJ) has reported on the profits obtained from the iGaming sector in the third quarter of 2021. The regulator released the facts in the regional economical news.

From July to September 2021, €114.2 million was collected from iGaming things to do in Portugal. It is 35.5% (or €30 million) far more than on the web gambling earnings from the identical period of time in 2020. However, on the web GGR has lessened by 8.6% (or €10.8 million), in contrast to the 2nd quarter of 2021.

At the same time, the land-primarily based on line casino sector ongoing to increase and generated €49.2 million in the third quarter of 2021. The income is 60.9% (or €18.6 million) greater than the offline on line casino earnings from the Q3 2021

The drop in on the internet sporting activities betting led to a lower in Q3 GGR

In accordance to the SRIJ, the fall in the iGaming earnings is a consequence of reduced sporting activities betting GGR, which is down by 26.9% from the Q2 2021 stage. At the exact same time, the earnings from on-line online games of probability have enhanced by 12.8%.

iGaming sector

GGR in Q3 2021

GGR in Q2 2021

GGR in Q3 2020

Sports betting

€49.3m

€67.5m

€42.5m

On the net video games of opportunity

€64.8m

€57.5m

 

Complete GGR

€114.2m

€124.9m

€84.2m

Most important updates in the Portuguese iGaming market

In other on the internet gambling information, the Portuguese marketplace has developed given that Q2 2021. In the third quarter of 2021, 162.3k new gamers registered at on the internet casinos or sportsbooks. Self-exclusion rates have also witnessed a quarter-on-quarter progress, with 100.8k people getting a break from gambling in Q3.

SRIJ has also lately released a new form of gambling license. As of November 2021, the authority accepts apps from the crash game suppliers.

Read through additional: All you have to have to know about investing in gambling stocks

Study additional: Fascinating facts about on the web gambling in Europe