SRIJ Experiences on Portuguese On-line GGR in Q3 2021

Gambling Regulation and Inspection Company of Portugal (SRIJ) has claimed on the profits acquired from the iGaming sector in the third quarter of 2021. The regulator revealed the knowledge in the nearby economical news.

From July to September 2021, €114.2 million was collected from iGaming pursuits in Portugal. It is 35.5% (or €30 million) extra than online gambling revenue from the very same period of time in 2020. Having said that, online GGR has lessened by 8.6% (or €10.8 million), when compared to the 2nd quarter of 2021.

At the exact same time, the land-primarily based casino sector continued to broaden and generated €49.2 million in the third quarter of 2021. The profits is 60.9% (or €18.6 million) bigger than the offline casino revenue from the Q3 2021

The drop in on line sports activities betting led to a minimize in Q3 GGR

According to the SRIJ, the drop in the iGaming revenue is a outcome of lower athletics betting GGR, which is down by 26.9% from the Q2 2021 level. At the similar time, the earnings from on-line games of opportunity have amplified 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-line games of chance

€64.8m

€57.5m

 

Full GGR

€114.2m

€124.9m

€84.2m

Main updates in the Portuguese iGaming current market

In other online gambling news, the Portuguese current market has developed due to the fact Q2 2021. In the 3rd quarter of 2021, 162.3k new gamers registered at on line casinos or sportsbooks. Self-exclusion costs have also noticed a quarter-on-quarter growth, with 100.8k end users getting a break from gambling in Q3.

SRIJ has also a short while ago released a new type of gambling license. As of November 2021, the authority accepts applications from the crash match vendors.

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