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Portugal iGaming sets revenue record in Q1

6th June 2023 8:23 am GMT

Revenue from online betting and gaming in Portugal increased by 25 per cent to a new record high of €196.4 million in the first quarter of 2023.

Revenue from iGaming activities grew by 39 per cent to €110.7 million on turnover of €2.98 billion, whilst sports betting revenue was up by 10 per cent to €85.7 million at a margin of 19.4 per cent.

Portugal’s total online gambling turnover in Q1 2023 was 32 per cent higher [...]

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