Slight Improvement In Spanish Online Gambling

But this market is still sluggish

The Spanish regulator Dirección General de Ordenación del Juego's latest numbers indicate a 15.6 percent quarter-on-quarter improvement in revenues in this now notoriously sluggish and heavily taxed online gambling market…but the results still lag behind those achieved a year ago.

Q4 revenues reached just under Euro 60 million, 2.5 percent lower than the comparative period last year. Wagers rose 13.9 percent to Euro 1.47 billion, with new player acquisition up 9.4 percent to 137,000, taking full year player registrations to 1.6 million.

Almost half (48.9 percent) of quarter four revenues were generated by sports betting, with online poker cash games bringing in 19.3 percent of revenues and tournaments 9.8 percent. Casino games brought in a total of 17.1 percent…a total likely to grow if online slots are allowed by the regulator.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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