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Portugal online gambling revenue hit €845 million in 2023

5th March 2024 9:08 am GMT

Portugal’s revenue from online sports betting and iGaming grew by 29 per cent to €845.0 million in 2023, a new annual record.

Fourth quarter revenue was also at a new high of €227.3 million, which was a rise of 16 per cent. iGaming revenue was up by 41 per cent to €154.5 million, making up for a 15 per cent decline in sports betting revenue to €72.8 million.

The number of active accounts in the Portuguese market [...]

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