Gambling Regulation and Inspection Company of Portugal (SRIJ) has noted on the revenue obtained from the iGaming sector in the third quarter of 2021. The regulator posted the details in the neighborhood financial news.

From July to September 2021, €114.2 million was collected from iGaming functions in Portugal. It is 35.5% (or €30 million) additional than online gambling profits from the similar period in 2020. Having said that, online GGR has reduced by 8.6% (or €10.8 million), in contrast to the second quarter of 2021.

At the very same time, the land-centered casino sector ongoing to broaden and produced €49.2 million in the 3rd quarter of 2021. The income is 60.9% (or €18.6 million) larger than the offline on line casino revenue from the Q3 2021

The decrease in online sports betting led to a reduce in Q3 GGR

According to the SRIJ, the drop in the iGaming earnings is a final result of small athletics betting GGR, which is down by 26.9% from the Q2 2021 amount. At the very same time, the revenue from on-line online games of prospect have increased by 12.8%.

iGaming sector

GGR in Q3 2021

GGR in Q2 2021

GGR in Q3 2020

Sports betting

€49.3m

€67.5m

€42.5m

On the internet game titles of opportunity

€64.8m

€57.5m

 

Full GGR

€114.2m

€124.9m

€84.2m

Main updates in the Portuguese iGaming industry

In other on the net gambling news, the Portuguese industry has developed due to the fact Q2 2021. In the third quarter of 2021, 162.3k new gamers registered at on the net casinos or sportsbooks. Self-exclusion costs have also seen a quarter-on-quarter progress, with 100.8k buyers taking a crack from gambling in Q3.

SRIJ has also not too long ago released a new style of gambling license. As of November 2021, the authority accepts programs from the crash sport providers.

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