{"id":257,"date":"2024-06-27T02:59:34","date_gmt":"2024-06-26T23:59:34","guid":{"rendered":"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/27\/portugal-gambling-revenue-hits-new-high-in-q3\/"},"modified":"2024-06-27T02:59:34","modified_gmt":"2024-06-26T23:59:34","slug":"portugal-gambling-revenue-hits-new-high-in-q3","status":"publish","type":"post","link":"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/27\/portugal-gambling-revenue-hits-new-high-in-q3\/","title":{"rendered":"Portugal Gambling Revenue Hits New High in Q3"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/elCW-_7OZ3s\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Portugals gaming earnings achieved a new peak in the third trimester, reaching \u20ac84.2 million &#8211; iGB<\/p>\n<p>Portugals online gambling revenue attained a record \u20ac84.2 million in the three months concluding September 30, 2020, as per the most recent data released by the nation&#8217;s regulatory body, Servi\u00e7o de Regula\u00e7\u00e3o e Inspe\u00e7\u00e3o de Jogos (SRIJ).<\/p>\n<p>Home > Gaming > Online Casinos > Portugal Gambling Revenue Hits New High in Q3<\/p>\n<p>Portugals gambling revenue hit a new high in the third quarter<br \/>\nThe overall figure for the quarter surged by 55.6% compared to the same period in 2019, when it reached \u20ac54.1 million, and also increased by 22.6% compared to the \u20ac68.7 million generated in the second quarter of 2020.<\/p>\n<p>Sports betting earnings reached \u20ac42.5 million in the quarter, up 23.2% from 2019, and more than double the total generated in the second quarter, due to the resumption of major sporting events following the coronavirus (Covid-19) shutdown.<\/p>\n<p>Gamblers wagered a total of \u20ac222.8 million on sports betting in the third quarter, almost double the amount wagered in the same quarter of 2019.<\/p>\n<p>Football was the primary source of interest for sports betting in the third quarter, accounting for 79.1% of all bets placed in the quarter. Tennis came in second, accounting for 11.8% of bets, followed by basketball, which accounted for 6.5%.<\/p>\n<p>Revenue from games of chance reached \u20ac41.7 million in the third quarter, up 47.9% from last year. However, this was down 12.9% from the \u20ac47.9 million generated in the second quarter of 2020, as some consumers shifted back to sports betting with the return of many sporting events.<\/p>\n<p>Total online gaming spending in the third quarter was \u20ac1.18 billion, up 59.4% from \u20ac741 million. <\/p>\n<p>During the equivalent timeframe in 2019, there were 6 million.<\/p>\n<p>Other games, such as roulette, twenty-one, and poker, contributed 13.8%, 6.1%, and 4.8% of the market&#8217;s wagering volume, respectively. Meanwhile, slot machines were the most favored online gambling activities in the third quarter, accounting for 70.3% of the market&#8217;s wagering volume.<\/p>\n<p>In the third quarter, roughly 156,000 consumers established new accounts. Simultaneously, the number of individuals opting to self-exclude from online gambling also climbed to 62,100.<\/p>\n<p>Presently, there are 24 valid permits in the nation, an increase from 18 in 2019, with 11 for sports betting and 13 for online gambling games.<\/p>\n<p>Solverde Group, a casino operator, entered the market in the third quarter, having acquired an online sports betting permit in September 2020.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Portugals gaming earnings achieved a new peak in the third trimester, reaching \u20ac84.2 million &#8211;&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Portugal Gambling Revenue Soars in Q3<\/title>\n<meta name=\"description\" content=\"Portugal\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/27\/portugal-gambling-revenue-hits-new-high-in-q3\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Portugal Gambling Revenue Hits New High in Q3\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Portugal\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/27\/portugal-gambling-revenue-hits-new-high-in-q3\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Stay Up-to-Date with Our Licensed Online Casino News &amp; Offers\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-26T23:59:34+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/27\/portugal-gambling-revenue-hits-new-high-in-q3\/\",\"url\":\"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/27\/portugal-gambling-revenue-hits-new-high-in-q3\/\",\"name\":\"Portugal Gambling Revenue Soars in Q3\",\"isPartOf\":{\"@id\":\"https:\/\/freespinsonregistrationnodeposit.icu\/#website\"},\"datePublished\":\"2024-06-26T23:59:34+00:00\",\"dateModified\":\"2024-06-26T23:59:34+00:00\",\"author\":{\"@id\":\"https:\/\/freespinsonregistrationnodeposit.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Portugal\",\"breadcrumb\":{\"@id\":\"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/27\/portugal-gambling-revenue-hits-new-high-in-q3\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/27\/portugal-gambling-revenue-hits-new-high-in-q3\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/27\/portugal-gambling-revenue-hits-new-high-in-q3\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/freespinsonregistrationnodeposit.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Portugal Gambling Revenue Hits New High in Q3\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/freespinsonregistrationnodeposit.icu\/#website\",\"url\":\"https:\/\/freespinsonregistrationnodeposit.icu\/\",\"name\":\"Stay Up-to-Date with Our Licensed Online Casino News &amp; Offers\",\"description\":\"Explore the latest trends and opportunities in online gambling through our fresh news, honest reviews, and expert articles. 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