Portugal’s licensed operators generated €146.4m ($149.8m) in gross gaming revenue (GGR) for Q2, a 17% year-on-year increase driven by online gambling.
The Iberian country’s double-digit GGR increase constitutes a rise of €21.5m, fuelled by a 42% increase from games of chance.
However, while revenue rose year-on-year, Q2 saw GGR drop by almost 8% on a sequential basis, down from €158.6m.
Portugal’s regulator, Serviço de Regulação Inspeção de Jogos (SRIJ), who compiled the country’s Q2 results, attributed this to a decrease in sports betting activity. This segment produced €12.2m less than it did for Q1, a 17% drop.