Spain's Q2 GGR drops by more than 5% year-on-year

Spain’s gross gaming revenue (GGR) has remained virtually flat on a sequential basis, amounting to €203.9m ($207.3m) for Q2.

Spanish gaming regulator Dirección General de Ordenación del Juego (DGOJ) has published its latest revenue report, highlighting no growth on a quarter-over-quarter basis and a modest decrease in GGR year-on-year.

When compared to Q1, the country’s top line revenue shrank by less than 1%. However, when compared to last year’s second quarter, Spain’s GGR experienced an over 5% drop.

This shortfall can be largely attributed to a decrease in betting revenue, which recorded a 7% drop when compared to Q1 but a 34% drop on a year-over-year basis.

  
Read Full Article