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Record Q4 takes Portugal’s regulated iGaming market to new heights

6th April 2021 9:27 am GMT

Portugal’s regulated online betting and gaming market grew by 56 per cent in 2020 as gross gaming revenue reached €336.4m, buoyed by a record performance in the final quarter of the year.

After enjoying a strong performance during the third quarter of 2020, the country’s 15 licensed operators saw gross gaming revenue (GGR) increase by 75 per cent year-on-year to €113.2m in Q4.

More than half of the quarterly total was derived from sports betting as GGR [...]

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