iGB Intelligence reports iGB Market Monitor December 2018 | Page 11

Part 1: Spain – the state gives with one hand… authority (the La Dirección General de year-on-year quarterly growth to €56.5m. When Ordenación del Juego, or DGOJ) that a lacklustre the poker total of €19.4m and bingo total of performance from the Spanish team at this year’s €3.3m are added to casino, it gives an online World Cup in Russia was no bar to the enthusiasm gaming figure of €79.2m, up from €58.4m in the of punters this summer. same quarter last year. The national team was knocked out in the round of 16 by the hosts after a penalty shootout Casino and sports betting compared in Moscow. Yet sports betting revenues rose When a comparison is drawn between the substantially in the first month of the tournament performance of sports betting and casino for the (the only part of the event to be reported so past six quarters, it can be seen that the latter far), helping sports betting gross gaming yield (as befits a stable margin product) has enjoyed (GGY) towards a 47.5% rise in the year-on-year steady growth over the period, with the second comparison to €85.4m. quarter year-on-year growth of 37% typifying its It contributed to producing a near 40% rise advance (see Charts 6 and 7 on previous page). in quarterly GGY overall to €167.2m, with online Sports betting, meanwhile, has seen bigger quarter-on-quarter fluctuations – particularly in casino continuing its recent growth with 37% Chart 8: Online casino monthly year-on-year comparison June 2017-June 2018 (GGY % change) 80 70 60 50 40 30 20 10 0 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Source: DGOJ Chart 9: Average player losses June 2017-June 2018 1,000,000 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Source: DGOJ iGaming Business Market Monitor • December 2018 8