{"id":275,"date":"2024-06-28T12:32:38","date_gmt":"2024-06-28T09:32:38","guid":{"rendered":"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/portugals-online-betting-income-achieves-a-new-peak-in-the-third-quarter\/"},"modified":"2024-06-28T12:32:38","modified_gmt":"2024-06-28T09:32:38","slug":"portugals-online-betting-income-achieves-a-new-peak-in-the-third-quarter","status":"publish","type":"post","link":"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/portugals-online-betting-income-achieves-a-new-peak-in-the-third-quarter\/","title":{"rendered":"Portugal&#8217;s Online Betting Income Achieves a New Peak in the Third Quarter"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/WwHJySz69-8\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Portugals online betting income achieved a new peak in the third quarter, hitting \u20ac84.2 million &#8211; iGB<\/p>\n<p>Based on the most recent information released by the national authority, Servi\u00e7o de Regula\u00e7\u00e3o e Inspe\u00e7\u00e3o de Jogos (SRIJ), Portuguese internet gambling revenue reached a record \u20ac84.2 million in the three months ending September 30, 2020.<\/p>\n<p>Home > Gaming > Online Casinos > Portugals online betting income achieves a new peak in the third quarter<\/p>\n<p>Portugals online betting income achieves a new peak in the third quarter<br \/>\nThe total for the quarter was up 55.6% year-on-year from \u20ac54.1 million and also up 22.6% from \u20ac68.7 million in the second quarter of 2020.<\/p>\n<p>Sports betting revenue hit \u20ac42.5 million in the quarter, up 23.2% year-on-year and more than double the total for the second quarter, due to the resumption of major sporting events following the end of the coronavirus (Covid-19) outbreak.<\/p>\n<p>Gamblers wagered a total of \u20ac222.8 million on sports betting in the quarter, nearly double the amount wagered in the same period in 2019.<\/p>\n<p>Soccer was the main source of interest for sports betting in the third quarter, accounting for 79.1% of all bets placed in the quarter. Tennis was second with 11.8% of bets, followed by basketball with 6.5%.<\/p>\n<p>Income from games of chance reached \u20ac41.7 million in the quarter, up 47.9% year-on-year. However, this was down 12.9% from the \u20ac47.9 million generated in the second quarter of 2020, as some consumers returned to sports betting with the return of many sporting events.<\/p>\n<p>Total online gaming spending in the third quarter was \u20ac1.18 billion, up 59.4% from \u20ac741 million. <\/p>\n<p>The equivalent timeframe in 2019 saw a figure of 6 million.<\/p>\n<p>Regarding wagering volume, slot machines held sway over the online gaming market in the third quarter, claiming 70.3% of all wagers. Following closely were roulette at 13.8%, blackjack at 6.1%, and poker at 4.8%.<\/p>\n<p>During the third quarter, roughly 156,000 new users signed up for online gambling accounts, while the number of individuals opting to self-exclude from online gambling also climbed to 62,100.<\/p>\n<p>By the third quarter, Portugal boasted 24 valid gambling licenses, a rise from 18 in 2019. Of these, 11 licenses were for sports betting and 13 were for online gaming activities.<\/p>\n<p>Solverde Group, a Portuguese casino operator, officially made its entrance into the Portuguese gambling market in September 2020 after securing an online sports betting permit.<\/p>\n<p>Sign up for the iGaming News Newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Portugals online betting income achieved a new peak in the third quarter, hitting \u20ac84.2 million &#8211; iGB Based on the most recent information released by the national authority, Servi\u00e7o de Regula\u00e7\u00e3o e Inspe\u00e7\u00e3o de Jogos (SRIJ), Portuguese internet gambling revenue reached a record \u20ac84.2 million in the three months ending September 30, 2020. Home > [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Portugal Online Betting Hits Record High<\/title>\n<meta name=\"description\" content=\"Portuguese online gambling revenue reached a record \u20ac84.2 million in the third quarter of 2020, according to the SRIJ.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/portugals-online-betting-income-achieves-a-new-peak-in-the-third-quarter\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Portugal&#039;s Online Betting Income Achieves a New Peak in the Third Quarter\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Portuguese online gambling revenue reached a record \u20ac84.2 million in the third quarter of 2020, according to the SRIJ.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/portugals-online-betting-income-achieves-a-new-peak-in-the-third-quarter\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Your Source for Expert Casino Insights &amp; Licensed Gaming News\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T09:32:38+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/portugals-online-betting-income-achieves-a-new-peak-in-the-third-quarter\/\",\"url\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/portugals-online-betting-income-achieves-a-new-peak-in-the-third-quarter\/\",\"name\":\"Portugal Online Betting Hits Record High\",\"isPartOf\":{\"@id\":\"https:\/\/america777nodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-28T09:32:38+00:00\",\"dateModified\":\"2024-06-28T09:32:38+00:00\",\"author\":{\"@id\":\"https:\/\/america777nodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Portuguese online gambling revenue reached a record \u20ac84.2 million in the third quarter of 2020, according to the SRIJ.\",\"breadcrumb\":{\"@id\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/portugals-online-betting-income-achieves-a-new-peak-in-the-third-quarter\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/portugals-online-betting-income-achieves-a-new-peak-in-the-third-quarter\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/28\/portugals-online-betting-income-achieves-a-new-peak-in-the-third-quarter\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/america777nodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Portugal&#8217;s Online Betting Income Achieves a New Peak in the Third Quarter\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/#website\",\"url\":\"https:\/\/america777nodepositbonus.icu\/\",\"name\":\"Your Source for Expert Casino Insights &amp; Licensed Gaming News\",\"description\":\"Indulge in the best of licensed online gambling with our regularly updated news, honest reviews, and expert articles. 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