Online gambling shows great promise IN Portugal. Indeed, the turnover increased for this country. And this despite the increase in taxes. The year 2017 brought back a very positive result for the market. The Portuguese regulator enthusiastically affirms the skyrocketing assets. In all, 7 operators are already operating in the online games market while other operators are storming in.
The 4th quarter of 2017 was memorable, because compared to 2016, 10 million euros were paid to the cashier of casino operators. In addition, 7 million euros have been estimated for the third quarter of that same year.
Portugal’s sports betting make the headlines
In all, the revenue is € 122.6 million. As the Portuguese have nonetheless legalized sports betting as well as online casinos, it is obvious that we are witnessing this rapid expansion. In addition, the Portuguese market shared liquidity with the French-speaking, Spanish and Italian markets. This strategy worthy of a real trader will allow him to increase the number of his players and increase his profits. France and Portugal share a common pleasure, the sports bet! In truth, it is even this kind of bets that make the gambling industry turn, ie 55.5% of bets on € 68.1 million in turnover.
If we go into more detail, the players have a preference for football with 75% of match bets. Of course, basketball as well as tennis are also part of the game. So it is normal that Portugal and France get along so well.
Online casinos and match betting top the list
In addition, there are those expensive online casinos. Including poker, the iconic card game of the gambling houses, they have tallied up to € 54.4 million. When we analyze this rise a little more closely, the slots are masters of the field with 45% of revenue recorded. As for cash game poker, it was able to raise € 19.7 million, French roulette also presents its 19.2%, blackjack 9.2% and finally the poker tournament 6.7%. Seen in this light, sports betting and online casinos are very popular. As the 2018 World Cup begins to emerge, there are 132,000 new player accounts during Q4. So more than 50,000 players than the T3. We are witnessing a boom in sports betting among the Portuguese, ie 800,000 new accounts.…