Spanish online GGR approaches €1bn for 2022 after 78% Q4 revenue rise

Gross gaming revenue (GGR) generated by licensed operators in the Spanish online market is rapidly approaching the billion-euro mark.

According to new data released by the Directorate General for the Regulation of Gambling (DGOJ), GGR in Spain reached €963m in 2022, 18.1% higher than in 2021.

The betting segment had a growth rate of 17.7% year-on-year and generated GGR of €359.4m, while GGR in the casino segment increased by 22.4% to €499m.

Bingo GGR, meanwhile, decreased by 1.6% to €14.25m, while poker GGR grew by 5.5% to €90.12m.

Q4 performance

Full year figures were significantly boosted by the sector’s Q4 performance.

GGR in Q4 amounted to €313.3m, representing an increase of 78.2% year-on-year.

Sports betting GGR, which made up 45.1% of the total GGR, saw a massive 223.4% increase year-on-year, amounting to €141.4m.

Casino GGR, which accounted for 45.4% of the total GGR, was €142.3m, up 32.4% year-on-year.

Slots GGR saw a year-on-year increase of 27.3%, while live roulette GGR rose by 51.7%.

Poker GGR increased by 26.8% year-on-year to €26.1m, representing 8.3% of the total market, while bingo GGR fell by 11.5% to €3.6m and contest revenue declined by 36.7% to €30,000.

Marketing costs amounted to €106.4m for the quarter, a 13.9% increase from the previous year and 30.1% higher than in Q3 2022.

This included €51.7m in promotions spend, €38.7m in sponsorship, and €14.6m in affiliation expenses.

The monthly average active game accounts rose by 22.9% year-on-year to 1.2m.

As of the end of Q4, there were a total of 78 licensed operators actively operating in Spain.

Among those were 54 casino operators, 45 betting operators, nine poker operators, three bingo operators, and two contest operators.

About the author

Sonja Lindenberg

Sonja Lindenberg is an experienced editor and journalist, with a strong focus on business, finance, trade and investment. She holds a degree in business journalism and throughout the past two decades has covered companies and industries in various markets and for different media, including newspapers, news agencies, inflight magazines, country reports and trade publications. Sonja joined iGaming NEXT in June 2022.

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