How the online casino business grew in Portugal
Online casino revenue in the fourth quarter of 2021 affected €75.3 million, an increase of 53.3% on the same period a year earlier. These data, which were recorded by the Portuguese gambling regulatory body, mean a 24.7% increase in online gaming revenue in the fourth quarter of 2021 in the country.
The Portugal Gambling Service, the SRIJ, the tourism revenue once again and the references to the gaming benchmark in Portugal. according to how statistics of this organismonline games are among the fastest growing modalities, generating 49.0 million euros in revenue through the Special Tax on Online Gaming (IEJO).
In addition to the importance of the activity for government revenue, the profits also encourage investors. During the fourth quarter of 2021 alone, the online gaming and betting activity generated more than 140 million euros of gross revenue, exceeding by more than 27 million euros (24.6%) the amount handled in the same period of the previous year.
Statistical data on the gaming market
In addition to during the year 2021, the S also from the data of Q11 of 022, and once again the best casinos during the market 2021, and once again the best online casinos during the market. This is because there is again a growth in numbers, that is, online gaming and betting activities have already reached about 158 million euros of gross revenue in 2022 alone!
This growth, which represents 23.6% compared to the same period in 2021, is no coincidence. Gaming platforms and online casinos such as https://www.portugalcasino.pt/ the best in entertainment in the area and are guaranteed a continuous increase in the quality of their games. This attracts more and more gamblers and supporters of this entertainment. In addition to traditional games, the site also offers live and sports betting, all newer than you are looking for.
In addition, online gambling and betting activity offers an amazing array of games that can be accessed with ease. This means that the player can choose the table or slot that suits him best according to his gambler or investor profile.
The punters’ favorites
In the 1st quarter of 2022, gross revenue from online gambling and betting activities amounted to more than 30 million euros compared to the same period in 2021. This is also evidence of the Portuguese tradition in casinos, with physical establishments that represent and , in addition to entertainment.
But even with a variety of game options, 51% of the value moved was in bets on games of chance. The other 49% of the bets were invested in sports betting at odds.
This performance resulted mainly from the increase in gross revenue from sports betting, which increased by 18.2%, from the increase in gross revenue from games of chance, which increased by 7.4%.