Portugal online gambling revenue reaches record €205.9m in Q2

Portugal online gambling revenue reaches record €205.9m in Q2

Article brief provided by IGB
  • Robert Fletcher, IGB
September 27, 2023 4:44 PM
  • Robert Fletcher, IGB

Online gambling revenue in Portugal amounted to a record €205.9m (£179.1m/$217.5m) in the second quarter, driven by growth within the internet casino segment.

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Revenue was comfortably higher than €145.2m in Q2 of 2022. The figure was also up 4.9% on the existing record of €196.4m set in Q1 this year.

Online games of chance accounted for €122.0m of all revenue in the quarter, up 51.6% on last year. This was a new record for the segment, according to regulator the Gaming Regulation and Inspection Service (SRIJ).