Part 2: Spain – online on a tear
Part 2
Spain – online on a tear
Summary
The Spanish online market is another example
of a market benefiting from an accommodative
tax regime and the opportunities opened up
Table 3: Spanish online gaming year-on-year
growth rate
YoY quarterly comparison (%)
1Q17 17.1
the figures from the Directorate General for 2Q17 21.3
the Regulation of Gambling (DGOJ), for the 3Q17 37.1
past year, the year-on-year comparison has 4Q17 37.9
1Q18 28.8
by advertising and marketing. According to
been hugely positive, with the percentage
growth hovering at between 20% to 30%-plus
(see Table 3).
Source: DGOJ
As can also be seen from the quarterly
progression, the likelihood for the rest of this
Barring complete disaster, it means that
year – at least until the further quarter – is that the market is highly likely to exceed last year’s
the market will comfortably exceed last year’s GGY total of €560.5m by at least 20%, and more
totals and continue the year-on-year growth likely making it worth close to or over €700m
pattern (Chart 7). for 2018.
Chart 7: Spanish online GGY 1Q16-1Q18 (€m)
Source: DGOJ
iGaming Business Market Monitor • UK, Spain and Denmark • September 2018
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