Posted on: November 20, 2021 Posted by: Frank Brooks Comments: 0

Gambling Regulation and Inspection Provider of Portugal (SRIJ) has documented on the profits obtained from the iGaming sector in the 3rd quarter of 2021. The regulator published the knowledge in the neighborhood money news.

From July to September 2021, €114.2 million was collected from iGaming functions in Portugal. It is 35.5% (or €30 million) far more than on line gambling earnings from the very same interval in 2020. Nevertheless, on the web GGR has diminished by 8.6% (or €10.8 million), in comparison to the next quarter of 2021.

At the identical time, the land-based casino sector ongoing to extend and produced €49.2 million in the 3rd quarter of 2021. The profits is 60.9% (or €18.6 million) better than the offline casino profits from the Q3 2021

The decrease in on the internet athletics betting led to a minimize in Q3 GGR

In accordance to the SRIJ, the drop in the iGaming earnings is a final result of reduced sporting activities betting GGR, which is down by 26.9% from the Q2 2021 stage. At the exact same time, the profits from on line games of probability have increased by 12.8%.

iGaming sector

GGR in Q3 2021

GGR in Q2 2021

GGR in Q3 2020

Sporting activities betting




On-line game titles of possibility




Overall GGR




Major updates in the Portuguese iGaming marketplace

In other on the net gambling news, the Portuguese marketplace has grown because Q2 2021. In the third quarter of 2021, 162.3k new gamers registered at on the web casinos or sportsbooks. Self-exclusion fees have also noticed a quarter-on-quarter development, with 100.8k consumers having a split from gambling in Q3.

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

Read through much more: All you need to have to know about investing in gambling shares

Study much more: Exciting details about on the web gambling in Europe