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  • Q2 2023: Spanish market GGR surges by 55% year-on-year to €312.6m
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The Spanish gambling industry has reported strong growth in Q2 2023, with GGR reaching €312.6m.

This marked a significant 55% year-on-year increase and a nearly 3% rise in GGR sequentially, according to data from the Spanish regulator, the Dirección General de Ordenación del Juego (DGOJ).

In Q2 2023, player deposits saw a significant uptick of 19.6% compared to Q2 2022, but there was a slight decline of 2% when compared to the previous quarter.

On the other hand, withdrawals increased by about 3% annually but decreased by 2.3% sequentially.

Segment breakdown

When examining GGR by game segments, betting accounted for 42.64%, bingo for 1.13%, casino for 47.94%, contests for 0.04%, and poker for 8.24% of the total.

The betting segment reported a substantial 119% increase compared to the same quarter of the previous year.

Conventional sports betting increased by 1.8%, while live betting surged by 3.5% compared to the previous quarter.

However, horse racing bets stood out with an impressive increase of around 23%, although other bets declined by 16%.

Bingo showed solid growth, with a 5.5% boost year-on-year.

The casino segment witnessed an annual increase of 28%.

This annual growth was particularly notable in slot machines, which saw an almost 30% increase, and live roulette, which surged by 31.8%.

Poker reported a substantial year-on-year increase of 27.6%.

In Q2 of 2023, among the 78 licensed operators in the Spanish market, 50 were casino operators, 43 were sports betting operators, nine were poker operators and three were bingo operators, while two fell into the contest category.

Marketing spend rises

Meanwhile, marketing spend increased by 7.6% year-on-year, reaching €96.64m in Q2 2023.

Advertising expenses meanwhile demonstrated robust growth of 7.7% annually.

Most notably, spending on affiliates surged by 56.2% compared to the previous year, while spending on sponsorship also experienced a substantial year-on-year surge of 225.2%.

Lastly, new accounts decreased by 3% annually.

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