Portugal posts 17 GGR rise for Q2

Portugal’s licensed operators generated €146

Portugal’s licensed operators generated €146.4m ($149.8m) in 144 gaming revenue (GGR) for Q2, a 17% year-on-year growth impelled by online gambling.

The Iberian country’s double-digit GGR growth constitutes a rise of €21.5m, fuelled past a 42% increment from games of chance.

However, piece revenue rosebush year-on-year, Q2 saw GGR set down past almost 8% on a sequential basis, downwards from €158.6m.

Portugal’s regulator, Serviço de Regulação Inspeção de Jogos (SRIJ), who compiled the country’s Q2 results, attributed this to a decrement inwards sports betting activity. This segment produced €12.2m less than it did for Q1, a 17% drop.

New player registrations also dropped on a quarter-over-quarter basis, falling past 23%, though again, these rosiness when compared to lastly year, upwards by 9%.

As of 30 June 2022, players older between 25 and 44 represented the legal age of all registered players at around 60%.

Meanwhile, players who chose to self-exclude boomed during Q2. Nearly 23,000 to a greater extent people voluntarily prohibited themselves from gambling when compared to Q1, an 8% increase.

Overall, around 716,000 players participated inward gaming during Q2, an over 43,000-player free fall quarter-on-quarter.

And when it comes to illegal gambling, the SRIJ issued 58 notifications for gag law and out of use(p) 34 ISPs during Q2.

It added: “Within the orbit of its powers, the SRIJ has also acted inwards rules of order to demarcation line the publicizing that is made past online gaming operators without a licence for this purpose, having highly-developed several monitoring and cognizance campaigns.”

In addition, the back quarter saw Portugal pick up €44.9m for its ‘Special Tax on Online Gaming’ (IEJO), rough €6.1m higher than for Q2 of utmost year.