Online gambling revenue in Portugal hit a new quarterly high of €215.3m ($235.7m) in Q3, helped by record figures from the igaming segment.
Total market revenue in the three months to 30 September 2023 surpassed the existing record of €122.0m, which was set in Q2, by 4.6%. The Q3 figure was also 36.1% higher than €158.2m in Portugal in the same period in 2022.
Some €133.4m of revenue in Q3 came from online games of chance, up 50.5% year-on-year. This was a new segment record and also represented 62.0% of all online gambling revenue in the quarter.
Consumers spent €3.65bn on this form of gambling in Q3, up 47.2% and another new record for Portugal.
