{"id":259,"date":"2024-06-27T09:18:30","date_gmt":"2024-06-27T06:18:30","guid":{"rendered":"https:\/\/newnodepositcasinos.icu\/2024\/06\/27\/portugals-digital-gambling-revenue-hits-record-high-in-q3\/"},"modified":"2024-06-27T09:18:30","modified_gmt":"2024-06-27T06:18:30","slug":"portugals-digital-gambling-revenue-hits-record-high-in-q3","status":"publish","type":"post","link":"https:\/\/newnodepositcasinos.icu\/2024\/06\/27\/portugals-digital-gambling-revenue-hits-record-high-in-q3\/","title":{"rendered":"Portugal&#8217;s Digital Gambling Revenue Hits Record High in Q3"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/eq4wKTWDd9A\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Portugals digital wagering earnings achieved a new peak in the third quarter, hitting \u20ac215.3 million (\u00a3185.6 million\/$235.4 million), driven by record figures in the online gambling sector.<\/p>\n<p>Portugals digital gambling revenue in the third quarter reached a new high of \u20ac215.3 million, a 4.6% increase from the prior quarter. Total market income for the three months ending September 30, 2023, surpassed the \u20ac122 million recorded in the second quarter. The third-quarter figure also represents a 36.1% rise from the \u20ac158.2 million generated in Portugal during the same period in 2022.<\/p>\n<p>Earnings from online games of chance in the third quarter were approximately \u20ac133.4 million, a 50.5% year-on-year increase. This is a new segment record and also accounts for 62.0% of all digital gambling revenue for the quarter.<\/p>\n<p>Consumers spent \u20ac3.65 billion on this form of gambling in the third quarter, a 47.2% year-on-year increase, another new record for Portugal. Slot machines accounted for 82.3% of total spending, followed by French roulette at 6.4% and blackjack at 6.2%.<\/p>\n<p>Despite the overall growth in Portugals online revenue, the sports wagering market continues to decline.<\/p>\n<p>Sports betting revenue in the third quarter was \u20ac81.9 million. This is up 17.7% from the previous year but down 2.5% from the second quarter, marking the third consecutive quarterly decline.<\/p>\n<p>Player spending on online sports betting increased by 12.1% year-on-year to \u20ac390.5 million. Of this total, 71.4% of bets were placed on football, followed by 22. <\/p>\n<p>The Portuguese Gaming Oversight and Inspection Agency (SRIJ) has unveiled statistics for the third quarter, revealing that online gambling income expanded by 6.4%, with racquet sports contributing 2% and other athletic activities contributing the remainder.<\/p>\n<p>By the conclusion of the third quarter, 196,600 players had voluntarily excluded themselves from online gambling, representing a 42.5% surge compared to the same period in 2022, as indicated by the third-quarter data.<\/p>\n<p>Simultaneously, approximately 205,200 new online registrations were reported during the quarter. A reported 97,800 accounts were deactivated in the third quarter. At the end of the three-month period, Portugal boasted 3.9 million active online gambling accounts.<\/p>\n<p>Furthermore, the SRIJ stated that 23 websites were directed to halt illicit operations in the third quarter.<\/p>\n<p>**Traditional Gambling Revenue Also Experienced Growth in Portugal**<\/p>\n<p>In addition to online gambling, revenue derived from the land-based gambling sector also exhibited growth. Land-based gambling revenue reached \u20ac76.1 million in the third quarter, marking a 14.0% year-over-year increase.<\/p>\n<p>Of this sum, \u20ac57.2 million originated from land-based slot machines, representing a 1.0% rise from the corresponding period last year, accounting for 75.1% of total revenue in the third quarter. The remaining \u20ac18.9 million stemmed from casino-style and bingo games, which experienced a 35.6% surge.<\/p>\n<p>Baccarat betting generated \u20ac5.9 million in revenue during the third quarter, American roulette yielded \u20ac5.8 million, and blackjack generated \u20ac3.3 million.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Portugals digital wagering earnings achieved a new peak in the third quarter, hitting \u20ac215.3 million (\u00a3185.6 million\/$235.4 million), driven by record figures in the online gambling sector. Portugals digital gambling&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 Hits Record High 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:\/\/newnodepositcasinos.icu\/2024\/06\/27\/portugals-digital-gambling-revenue-hits-record-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&#039;s Digital Gambling Revenue Hits Record 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:\/\/newnodepositcasinos.icu\/2024\/06\/27\/portugals-digital-gambling-revenue-hits-record-high-in-q3\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Unlock the Doors to Casino Excitement | Licensed &amp; Secure\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T06:18:30+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:\/\/newnodepositcasinos.icu\/2024\/06\/27\/portugals-digital-gambling-revenue-hits-record-high-in-q3\/\",\"url\":\"https:\/\/newnodepositcasinos.icu\/2024\/06\/27\/portugals-digital-gambling-revenue-hits-record-high-in-q3\/\",\"name\":\"Portugal Gambling Hits Record High in Q3\",\"isPartOf\":{\"@id\":\"https:\/\/newnodepositcasinos.icu\/#website\"},\"datePublished\":\"2024-06-27T06:18:30+00:00\",\"dateModified\":\"2024-06-27T06:18:30+00:00\",\"author\":{\"@id\":\"https:\/\/newnodepositcasinos.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Portugal\",\"breadcrumb\":{\"@id\":\"https:\/\/newnodepositcasinos.icu\/2024\/06\/27\/portugals-digital-gambling-revenue-hits-record-high-in-q3\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/newnodepositcasinos.icu\/2024\/06\/27\/portugals-digital-gambling-revenue-hits-record-high-in-q3\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/newnodepositcasinos.icu\/2024\/06\/27\/portugals-digital-gambling-revenue-hits-record-high-in-q3\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/newnodepositcasinos.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Portugal&#8217;s Digital Gambling Revenue Hits Record High in Q3\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/newnodepositcasinos.icu\/#website\",\"url\":\"https:\/\/newnodepositcasinos.icu\/\",\"name\":\"Unlock the Doors to Casino Excitement | Licensed &amp; Secure\",\"description\":\"Immerse yourself in the thrilling world of online gambling through our regularly updated news, in-depth game reviews, and expert articles. 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