Finance

Spain double-digit growth buoyed by sportsbook margins

Advertising spend falls 1.4% in Q4 2017 while sports sponsorships rise triple digits

Spanish online gaming revenues climbed 38% year-on-year in Q4 to €173m, with much of the uptick driven by an unsustainable run of sporting results. Sportsbook revenues soared 49% year-on-year in Q4 17 to €103.6m, despite just a 6% rise in turnover, while casino also recorded a 37% increase to €49.4m, according to figures released by…

Finance | Spain | Spain General Directorate For The Regulation Of Gambling | Spanish General Directorate For The Regulation Of Gambling

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