Nonbanked games, those where players play against each other and not the house, obtained GGR of \u20ac998,490 (US$1.06 million). This includes games like poker and bingo, which delivered 50% more GGR than they did in the first quarter of 2022.<\/strong><\/p>\nGaming machines, including slots, accounted for GGR of \u20ac50.9 million (US$54.32 million), a year-on-year increase of 15.9%. The rest of the land-based GGR, worth \u20ac14 million (US$14.94 million), came from all other gaming options.<\/p>\n
More Consumers Turn Away from Gambling<\/h2>\n
Portugal started offering regulated online gambling in April 2015, and with a tax rate of about 25%, this has provided significant revenue to the state.<\/p>\n
It\u2019s also helped introduce better responsible gambling controls, such as self-exclusion, which allows anyone to exclude themselves from the gaming platforms.<\/strong><\/p>\nThe only way to exclude from all platforms at once is through the SRIJ website. Otherwise, gamblers have to visit each site individually.<\/p>\n
In the last three months of 2022, there was a 54.3% increase in new online gaming registrations, according to the regulator. At the same time, there was also a 9.3% increase in the number of self-exclusion requests. The first quarter of this year saw a 4.6% uptick in that number.<\/p>\n
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In the first quarter, the number of new registrations was 4.6% higher than the fourth quarter of 2022. During the period, there were 237,300 new registrations and 75,100 account closures.<\/p>\n<\/div>\n
As the online segment continues to improve, it follows a trend seen in other countries. However, the land-based segment doesn\u2019t have to worry yet, as most models predict online gaming won\u2019t be a real threat to its counterpart for another seven or eight years.<\/p>\n","protected":false},"excerpt":{"rendered":"
Online gaming continues to become more popular in many countries, including Portugal. The latest figures from the country\u2019s gaming regulator add weight to that claim, with the online segment showing a 24% year-on-year improvement. Portugal\u2019s Gaming Regulation and Inspection Service (SRIJ, for its Portuguese acronym) provided an update on the country\u2019s gaming industry this week. […]<\/p>\n","protected":false},"author":64,"featured_media":276209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10],"tags":[81919,82124,47],"acf":[],"yoast_head":"\n
Portugal's Online Gaming Market Adds 25 Percent in Revenue During Q1 - Casino.org<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n