{"id":180093,"date":"2025-03-19T15:36:19","date_gmt":"2025-03-19T18:36:19","guid":{"rendered":"https:\/\/igamingbrazil.com\/uncategorized\/2025\/03\/19\/sports-betting-and-casinos-drive-online-gambling-revenue-in-portugal\/"},"modified":"2025-03-19T15:41:42","modified_gmt":"2025-03-19T18:41:42","slug":"sports-betting-and-casinos-drive-online-gambling-revenue-in-portugal","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/online-en\/2025\/03\/19\/sports-betting-and-casinos-drive-online-gambling-revenue-in-portugal\/","title":{"rendered":"Sports betting and casinos drive online gambling revenue in Portugal"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Gross online<strong> gambling revenue in Portugal<\/strong> reached a <strong>record \u20ac323 million<\/strong> (around R$1.9 billion) during the fourth quarter of 2024. Growth was driven by a significant addition to the country\u2019s<a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\"> sports betting <\/a>market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The numbers are growing every year. The total for the final fourth quarter of 2024 surpassed the year 2023 by 42%. The year, breaking the previous record, <strong>grew 21.3%<\/strong> more than the existing record of \u20ac266.3 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The historic milestone reached by overall revenue had an important highlight. According to data published last Tuesday (18), by the regulator <a href=\"https:\/\/www.srij.turismodeportugal.pt\/sites\/default\/files\/2025-03\/estatisticas_online_4t_2024.pdf\">Servi\u00e7o de Regula\u00e7\u00e3o e Inspe\u00e7\u00e3o de Jogos (SRIJ)<\/a>, the numbers reflect the record performances of the <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\">sports betting <\/a>and online <a href=\"https:\/\/igamingbrazil.com\/en\/casino-en\/\">casino<\/a> segments.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Sports betting revenue nearly doubles in Q4<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A closer look at the <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\">sports betting <\/a>figures in Portugal shows that revenue reached \u20ac138.3 million (around R$850 million). This represents an incredible 90% year-on-year increase. It is also significantly higher than the \u20ac91.2 million (R$560 million) reported in Q3 2023.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Consumers wagered \u20ac533.7 million during the fourth quarter, compared with \u20ac532.1 million a year earlier. Of this, 75% was spent on football. Another 10.5% was wagered on tennis, 10.2% on basketball and 4.3% on other sports.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Online casino revenue up 19.5%<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As for online <a href=\"https:\/\/igamingbrazil.com\/en\/casino-en\/\">casinos<\/a>, revenue in the country reached \u20ac184.6 million. Once again, online slots proved to be the most popular among players, attracting 80.2% of all bets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The second most popular was the French Bank dice game with a 5.4% share, followed by French roulette at 5.3% and blackjack at 4.8%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Total active players in Portugal<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Along with financial data, SRIJ also published information on gambler behavior. In total, 4.7 million people bet online at some point during the final fourth quarter of 2024, a 15% increase from the previous year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, around <strong>614,800 new registrations<\/strong> are reported during the period, an increase of 15%, compared to 2023. The majority of these were between 18 and 24 years old, although the most popular age group for online gaming remains between 25 and 34 years old.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Furthermore, regarding self-exclusion, 16,200 people chose not to <strong>gamble online<\/strong> in the fourth quarter. In other words, by the end of the quarter, a total of 292,400 people in Portugal had been self-excluded.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, the regulator <strong>issued 41 closure notices to sites<\/strong> in an irregular situation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gross online gambling revenue in Portugal reached a record \u20ac323 million (around R$1.9 billion) during the fourth quarter of 2024. Growth was driven by a significant addition to the country\u2019s [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":15614,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3046],"tags":[7981,8942,9818,3114],"class_list":["post-180093","post","type-post","status-publish","format-standard","has-post-thumbnail","category-online-en","tag-annual-income","tag-betting-in-portugal","tag-online-casinos-in-portugal","tag-sports-betting-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sports betting and casinos drive online gambling revenue in Portugal - iGaming Brazil<\/title>\n<meta name=\"description\" content=\"In total, 4.7 million people bet on online games at some point during the final fourth quarter of 2024 in Portugal.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/igamingbrazil.com\/en\/online-en\/2025\/03\/19\/sports-betting-and-casinos-drive-online-gambling-revenue-in-portugal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sports betting and casinos drive online gambling revenue in Portugal - 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