2nd Quarterly Report 2024
19/09/2024
Q2-2024 Summary

The GGR for the quarter was € 346.34 million, a decline of -1.24% quarter over quarter and an increase of 10.79% year over year.

Regarding the rest of the main figures, deposits and withdrawals of the players, their variation rates rise in relation to the previous year, 17.87% and 17.76% respectively. With regard to previous quarter, deposits slightly decline -0.30% and withdrawals increase 0.97%. Marketing expenditure increase 6.59% quarter over quarter and new accounts experiences a growth with respect to the previous quarter, 1.77%. Details are shown in Table 1.

In the analysis of the GGR by game segments, it is observed that:

The € 346.34 million of GGR are distributed among € 145.48 million in Betting (42.00%); € 3.61 million in Bingo (1.04%); € 171.69 million in Casino (49.57%); € 0.002 million in Contests (0.00%) and € 25.56 million in Poker (7.38%).

The betting segment has a negative variation rate of -3.19% quarter over quarter and a positive variation 9.13% year over year. There is a decrease with respect to the previous quarter in pre-match, -10.34% and an increase of in-played sportsbook, 5.75%. Other bettings increases 36.62% this quarter, and horse betting  decreases -12.25%.

Bingo has experienced a decrease of -13.94% quarter over quarter and an increase of 1.87% year over year.

In the casino segment, there has been a growth of 2.34% quarter over quarter and an annual variation rate of 14.57%. Slots has increased 19.52% and life roulette 9.57% year over year. Quarter over quarter, BlackJack, Slots grow 12.04%, 13.71%, respectively. On the other hand, Conventional and Life roulette fall -21.10% and -12.05%.

Contests has no activity

Poker presents a fall of -10.15% quarter over quarter and -0.76% year over year. Poker tournament had a positive variation rate of 1.24% quarter over quarter and 6.24% year over year. Poker cash falls -37.02% compared to the previous quarter and -20.63% compared to the same quarter of the previous year.

As a summary, the percentage distribution of the GGR for the different segments in this quarter of the period from 2021 to 2024 is shown in Table 2.

Marketing expenses has been € 120.21 million in the last quarter. It may be broken down into € 12.78 million affiliation expenses; € 1.20 million sponsorship; promotions € 62.26; and advertising € 43.97 million. Marketing expenses increases 6.59% quarter over quarter and 22.46% year over year.

Quarter over quarter, Sponsorship increases 24.64%; Promotions, 11.85%; Advertising, 5.24% and Affiliates decreases -11.06%. Year over year, Sponsorship decreases -1.32%; Affiliates increases 0.88%; Advertising, 24.52% ; Promotions, 27.15%. Promotions are broken down into cost of bonus included in prizes, € 21.59 million and cost of bonus not included in prizes, € 40.67 million. 

The monthly average of active game accounts is 1,401,634; which implies an increase of 5.47% quarter over quarter and an increase of 23.65% year over year. The monthly average of the new game accounts is 150,677; with a growth of 1.77% quarter over quarter and 46.57% year over year.

For this quarter, there are 78 licensed operators and the number of active operators by segment is:

  • Betting: 42
  • Bingo: 4
  • Casino: 50
  • Contests: 2
  • Poker: 9

 

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