{"id":507,"date":"2024-06-28T20:19:08","date_gmt":"2024-06-28T17:19:08","guid":{"rendered":"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/28\/online-gambling-revenue-in-portugal-surges-in-q4-2021\/"},"modified":"2024-06-28T20:19:08","modified_gmt":"2024-06-28T17:19:08","slug":"online-gambling-revenue-in-portugal-surges-in-q4-2021","status":"publish","type":"post","link":"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/28\/online-gambling-revenue-in-portugal-surges-in-q4-2021\/","title":{"rendered":"Online Gambling Revenue in Portugal Surges in Q4 2021"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/tyWihEqiSAk\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Portuguese gaming authority, the Gaming Inspection and Regulation Bureau (SRIJ), has released a report revealing that online gambling income in the final quarter of 2021 saw a significant rise of 24.7% compared to the same period in the previous year.<\/p>\n<p>Earnings for the three-month period ending December 31, 2021, reached a total of \u20ac141.1 million (\u00a3121.0 million\/$150.7 million), representing a 24.7% increase from \u20ac113.2 million recorded in the same period of 2020. This figure also marks a 23.6% growth compared to the \u20ac114.2 million recorded in the third quarter.<\/p>\n<p>Online casino earnings for the period reached \u20ac75.3 million, a substantial increase of 53.3% from \u20ac49.1 million in the fourth quarter of 2020. Meanwhile, online sports betting revenue also experienced a modest increase of 2.6%, reaching \u20ac65.8 million.<\/p>\n<p>In terms of consumer spending, total online casino wagers in the fourth quarter reached \u20ac2.1 billion, reflecting a year-on-year increase of 17.8%. Similarly, online sports betting wagers also saw a growth of 26.9%, totaling \u20ac3.773 billion.<\/p>\n<p>Slot machines emerged as the most popular form of online casino game among players, accounting for 78.3% of all wagers in the fourth quarter. This was followed by French roulette, which accounted for 9.4% of wagers, and blackjack, which contributed 5.1% of wagers.<\/p>\n<p>Of the online sports betting wagers placed during the quarter, 77.3% were placed on football, with basketball coming in second at 11.5% of total wagers. Tennis followed closely, accounting for 6.6% of wagers. The remaining 4.6% of online wagers were spread across other sports. <\/p>\n<p>The SRIJ study disclosed that internet-based casinos and sports wagering witnessed a rise of 212,600 fresh accounts in the final three months of the year, a decline of 27.6% from the same period last year. As per SRIJ, a total of 109,400 individuals voluntarily removed themselves from all forms of regulated online gambling by December 31st.<\/p>\n<p>Additionally, SRIJ also declared that they prohibited 119 websites operating without the necessary authorizations in the last quarter and instructed another 34 websites to halt their operations within the nation.<\/p>\n<p>Meanwhile, SRIJ also unveiled figures for the controlled brick-and-mortar gambling industry in the country for the final three months of the year, which exhibited a 61.3% annual increase in earnings, reaching \u20ac58.1 million.<\/p>\n<p>Of this total income, \u20ac46.3 million originated from slot machines, representing 79.7% of the total earnings in the final quarter, \u20ac11.1 million stemmed from table games, and \u20ac697,920 came from bingo and non-banked poker.<\/p>\n<p>Sign up for the iGaming News newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Portuguese gaming authority, the Gaming Inspection and Regulation Bureau (SRIJ), has released a report revealing that online gambling income in the final quarter of 2021 saw a significant rise of 24.7% compared to the same period in the previous year. Earnings for the three-month period ending December 31, 2021, reached a total of \u20ac141.1 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Portugal Online Gambling Booms: Q4 2021 Revenue Soars<\/title>\n<meta name=\"description\" content=\"Portuguese online gambling revenue surged 24.7% in Q4 2021, reaching \u20ac141.1 million. 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