Spanish online gambling revenue rockets in 2015

Spain’s gambling regulator, the Dirección General de Ordenación del Juego (DGOJ), has revealed that the country’s online gaming market experienced a 26% year-on-year increase in revenue in the 12 months through to December 31, 2015.

Gross gaming revenue for the full year totalled €319.6 million ($357 million), while turnover also increased 28% year-on-year to more than €8 billion.

Sports betting served as the main source of income for operators, generating a total of €179 million of the overall revenue figure and representing an increase of 49% on the previous year.

Although the online slots market also jumped 80% to €67.5 million, the DGOJ did report that revenue from poker dropped to €59.8 million, while bingo also fell to €7.8 million.

The largely positive full-year results come after an impressive fourth quarter in the country, during which revenue hiked 40% year-on-year to €94.7 million.

Sportsbook revenue came in at €53.5 million for the three months to December 31, with casino generating €22.6 million, poker €14.5 million and bingo just €2.1 million.

Related article: Spanish regulator reveals online gaming turnover hike in Q1