{"id":5077,"date":"2023-07-04T05:20:45","date_gmt":"2023-07-04T05:20:45","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2023\/07\/04\/spanish-gambling-industry-witnesses-51-growth-in-q1-2023\/"},"modified":"2023-07-04T05:20:45","modified_gmt":"2023-07-04T05:20:45","slug":"spanish-gambling-industry-witnesses-51-growth-in-q1-2023","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2023\/07\/04\/spanish-gambling-industry-witnesses-51-growth-in-q1-2023\/","title":{"rendered":"Spanish Gambling Industry Witnesses 51% Growth in Q1 2023"},"content":{"rendered":"<div>\n<p>The Directorate General for the Regulation of Gambling (DGOJ) in Spain has released its newest report, which sheds light on the country\u2019s gaming sector\u2019s amazing rise during the first quarter of 2023. The business has proved its endurance and vitality, with gross gambling revenue (GGR) reaching a stunning \u20ac304.9 million ($332.9 million), a 51% increase year on year. Although GGR fell by 2.7% compared to the previous quarter, the overall trend remains very strong.<\/p>\n<p>During the first quarter, the online casino category stole the show, demonstrating substantial growth and contributing an amazing \u20ac143.3 million ($156.3 million) to overall GGR. This figure represents a stunning annual increase of 29.1%, highlighting the growing popularity of online casino gaming among Spanish players. Meanwhile, the betting industry saw a significant increase, with income more than tripling to \u20ac130.6 million ($142.5 million).<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative mb-10\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/record.revmasters.com\/_a1BXbZV3uxxVQ9qiBeFuTWNd7ZgqdRLk\/1\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"BetUS\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/BetUS.png\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative\">\n\t\t<a href=\"https:\/\/record.revmasters.com\/_a1BXbZV3uxxVQ9qiBeFuTWNd7ZgqdRLk\/1\/\" title=\"BetUS\" target=\"_blank\" rel=\"nofollow noopener\">BetUS<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Welcome Bonus &#8211; 125% bonus on your first deposit up to $2,500<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino &#038; Sports<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/record.revmasters.com\/_a1BXbZV3uxxVQ9qiBeFuTWNd7ZgqdRLk\/1\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Poker fans will be thrilled to see that revenue in the poker category increased by 24.9% to \u20ac27.3 million ($29.7 million) during the first quarter. Furthermore, contest revenue increased by an astounding 730.4%, rising to \u20ac250,000 ($272,818) from \u20ac30,000 in the same period last year. The bingo section, on the other hand, suffered a modest setback, with revenue falling 6.6% to \u20ac3.3 million ($3.6 million).<\/p>\n<p>According to the report, operators spent \u20ac93.3 million ($101.8 million) on marketing expenses, a 0.8% decline from the previous year. Promotions accounted for more than half of this budget, with \u20ac50.1 million spent on recruiting and maintaining clients. Advertising costs reached \u20ac30 million, while affiliation costs totaled \u20ac11.8 million. Interestingly, sponsorship fees defied the trend, increasing by 93.1% year on year. Advertising expenses, on the other hand, were the most significantly reduced, falling by 12.7%.<\/p>\n<p>The research also revealed a significant 11.0% year-on-year growth in the number of active monthly player accounts, which increased to 1,158,628 in the first quarter of 2023. This increase reflects the rising participation of Spanish players in the active gaming market. Furthermore, the survey emphasized the diverse landscape of the Spanish gaming business, with 78 licensed gambling firms present in the nation.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative mb-10\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative\">\n\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow noopener\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus &#8211; 350% bonus on your first deposit up to 5BTC\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>In accordance with ongoing attempts to adapt to industry advancements and protect vulnerable groups, Alberto Garz\u00f3n, the Spanish Minister of Consumer Affairs, has directed his ministry to draught technical measures to protect minors from the potential risks linked with loot boxes in video games. This proactive initiative attempts to position Spain as a European pioneer in protecting minors from these randomized in-game transactions, which are frequently compared to gambling.<\/p>\n<p>While the most recent change to Spain\u2019s gaming legislation focused on protecting children, loot boxes were left out. The Ministry of Consumer Affairs, on the other hand, launched a 12-month inquiry into the impact of loot box purchases on children, which resulted in this new guideline.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/igaming.org\/casino-news\/spanish-gambling-industry-witnesses-51-growth-in-q1-2023\/\">Spanish Gambling Industry Witnesses 51% Growth in Q1 2023<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Directorate General for the Regulation of Gambling (DGOJ) in Spain has released its newest report, which sheds light on the country\u2019s gaming sector\u2019s amazing rise during the first quarter of 2023. The business has proved its endurance and vitality, with gross gambling revenue (GGR) reaching a stunning \u20ac304.9 million ($332.9 million), a 51% increase [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-5077","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/5077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=5077"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/5077\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=5077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=5077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=5077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}