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.