The online gambling sector in Portugal saw a record-breaking final quarter in 2019. The revenue figures were issued by the Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ), the national gambling regulatory body.
A year-on-year rise of 52% as well as a new quarterly record. The dozen licensed online gambling operators collected a total revenue of €65.4m ($72.21m), representing a year-on-year rise of 52% as well as a new quarterly record.
The period saw €11.4m ($12.6m) more revenue than the previous quarter.
2019 also saw a crackdown on illegal operators targeting Portuguese residents, with 30 offshore sites given cease and desist orders. Internet service providers blocked 15 illegal operator domains. 13 errant operators are now under investigation by local authorities, with potential criminal proceedings in the works.
The total betting turnover in the final quarter of 2019 was also a record €185m ($204.3m). The nine online sportsbooks in operation generated €33.4m. The most popular sport to bet on in Portugal through an online sportsbook was soccer, garnering almost 75% of all sports bets for the period. It was followed by basketball (13%), tennis (6%), and hockey (6%).
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