Significant Growth of Online Poker in Spain in the Third Quarter of 2023. Unleash your winning hand in Spain’s thriving online poker scene.
Significant Growth of Online Poker in Spain in the Third Quarter of 2023. Unleash your winning hand in Spain’s thriving online poker scene.
Hello, all online poker enthusiasts! We are pleased to share with you two exciting pieces of news regarding the Spanish online poker market. According to recent data published by Direccion General de Ordenacion del Juego, online poker in Spain experienced significant growth in the third quarter of 2023.
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The report highlights a 4.09% increase compared to the previous quarter and a remarkable 22.03% growth compared to the same period last year. These numbers underscore the ongoing ascent of online poker in the country.
Delving into the data, it is evident that poker tournaments saw a variation of 3.37% compared to the previous quarter and an impressive surge of 31.34% year over year. On the other hand, poker cash games witnessed an increase of 6.12% compared to the previous quarter and 2.06% compared to the third quarter of 2022.
In the broader context of the Spanish gambling industry, the Gross Gaming Revenue (GGR) for the third quarter amounted to €304.26 million, reflecting a 2.67% decrease from the previous quarter but a noteworthy 23.60% increase from the previous year.
Player deposits and withdrawals exhibited year-over-year variations of 11.87% and 8.07%, respectively, while experiencing slight declines of 0.45% and 2.92% compared to the previous quarter.
In comparison to other gambling categories, poker represents a significant share of the Spanish market, totaling €26.81 million, which accounts for 8.81% of the overall GGR. Sports betting maintains its dominance as the leading segment with €113.49 million (37.30%), followed by casinos with €160.26 million (52.67%), and bingo with €3.64 million (1.20%).
It is noteworthy that the casino sector also experienced significant growth in the third quarter of 2023, with a 6.94% increase compared to the previous quarter and an annual variation rate of 25.25%.
In conclusion, online poker in Spain witnessed a period of substantial growth in the third quarter of 2023, reaffirming its prominent role in the online gambling landscape of the country. We are excited to observe how this trend unfolds in the coming months and to closely monitor the developments in online poker in Spain.
Stay tuned for further updates on the world of poker and gambling. Good luck and may the cards be in your favor!
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