Spain Online Gambling Revenue Climbs Again in Q3

Spain online gambling kept growing through late 2025, even as quarterly momentum softened slightly. Fresh regulatory data shows players stayed active, money kept flowing, and marketing remained aggressive, with online casino play doing most of the heavy lifting.

Good to Know

• Online casino continued to drive most revenue growth in Spain
• Marketing spend jumped year on year despite a quarterly dip
• Live betting and slots showed the strongest momentum

Online Casino Drives Spain Gambling Growth in Q3 2025

The online gambling market in Spain posted another strong year in 2025, according to new figures from the General Directorate for Gambling Regulation.

For the three months ending 30 September 2025, gross gaming revenue across online casino, betting, poker, and bingo reached €405.36 million. That result marked a 16.49 percent increase from the same quarter in 2024, although it landed slightly below the second quarter of 2025.

Player money flows moved in the same direction. Deposits climbed 18.19 percent year on year, while withdrawals rose 16.82 percent. Quarter on quarter, deposits stayed almost flat with a marginal 0.03 percent rise, while withdrawals increased by 2.7 percent.

Marketing investment also stayed elevated. Operators spent €154.84 million during the quarter, up 17.89 percent compared with a year earlier. Spending pulled back by 6 percent from the previous quarter, yet levels remained high by historical standards.

Promotions accounted for much of that activity. Promotional spend reached €82.03 million, reflecting a 23.47 percent annual increase. Of that total, €28.57 million went toward bonus funds released as prizes, while €53.46 million sat outside prize pools.

Affiliate investment grew by 19.77 percent to €15.86 million. Advertising spend rose more modestly, increasing 8.42 percent to €54.65 million. New account creation followed a similar pattern, up 16.82 percent year on year but down 2.7 percent from the prior quarter.

Casino play continued to anchor the market.

Online casino represented 56.98 percent of total online gambling activity in Spain. Gross gaming revenue from casino reached €230.97 million, reflecting 22.93 percent growth compared with the third quarter of 2024.

Slots led that expansion with a 27.78 percent annual increase. Compared with the second quarter, slot revenue climbed 8.54 percent. Live roulette also moved higher by 4.2 percent. Traditional roulette fell 8 percent, while blackjack dropped 3.22 percent.

Betting told a more mixed story.

Betting accounted for 36.88 percent of the market. Revenue declined 13.02 percent from the previous quarter but still showed 10 percent growth year on year. Conventional fixed odds sports betting dropped sharply, falling 42.98 percent quarter on quarter. Live betting moved in the opposite direction with a 32.82 percent increase.

Other fixed odds betting rose 23.85 percent, while fixed odds horse racing betting declined by 9.07 percent.

Bingo continued to slide, decreasing 5.92 percent from the prior quarter and 13.48 percent from the same period in 2024.

Poker remained small but steady. While accounting for just 5.36 percent of the market, poker revenue increased 13.59 percent compared with the second quarter and 5.8 percent year on year.

Overall, the data points to a market still growing, led by online casino and supported by steady player engagement, even as quarterly volatility appears across segments.

FAQ

Who publishes online gambling data in Spain?

The General Directorate for Gambling Regulation releases quarterly reports covering the regulated market.

Which segment leads online gambling revenue in Spain?

Online casino leads, accounting for more than half of total market revenue.

Did marketing spend increase in 2025?

Yes. Marketing expenditure rose strongly year on year despite a quarterly decline.

What betting format showed strength?

Live betting posted strong growth compared with conventional fixed odds betting.

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