Online gaming revenue in Portugal hit another record figure in Q2.
The Gaming Regulation and Inspection Service (SRIJ) reported revenue across all online verticals hit €261.8m, rising from €260.8m in Q1.
The rise continues the latest – and most marked trend to date – of increasing revenue that began in Q3 2022 when revenue was €158.2m.
Since then, the figure has increased incrementally, breaching the €200m mark in Q2 2023 when it was €205.9m.
Year-on-year, that translates to a revenue increase of €55.9m or 27.1 per cent.
The SRIJ said 60.5 per cent of the latest quarterly revenue came from games of chance, with fixed-odds sports betting accounting for the remaining 39.5 per cent.
Fixed-odds betting generated €103.3m in Q2 revenue, with games of chance accounting for €158.5m of revenue.
Betting revenue jumped from €84m in Q2 2023, with games of chance revenue following suit with an increase in revenue from €122m a year ago.
