iGB Intelligence reports iGB Market Monitor December 2018 - Page 13

Part 1: Spain – the state gives with one hand… quarter-on-quarter growth percentage for the Forecast past six quarters is 6.5%, but that masks some Accepting that a uniform rise over the next wide variances – up as much as 23% between the year is unlikely, it is still possible to suggest that third and fourth quarter last year, but down 6% quarterly revenues will likely breach the €200m the quarter after. What can be said is that to date mark in the quarters ahead. The revenues for the market tends to rebound immediately after 2017 totalled €560m and our forecast is that 2018 any dip in quarterly GGY. will get close to €700m before moving on to more than €800m in 2019. Table 4: quarterly online gambling revenues forecast Q318-Q219 Forecast Q318 Q418 Q119 Q219 178 190 202 215 Source: Market Monitor, third quarter 2018 iGaming Business Market Monitor • December 2018 10