comes from slots which saw a 159 per cent increase to €24.6m.
Te online gambling sectors have rapidly overtaken the revenues once supplied only by the land-based sector. Te GGR for the land- based casinos reached €159.7m in 2020 compared to €336.4m for the online sectors.
2020 was a unique year with the land-based industry crippled in most parts of the world. Tis is turn has changed many gambling habits and although the casino market has some resilience with its events and shows they offer, alongside gambling, there are thoughts many gamblers who switched to the online medium may remain.
Ricardo Branquinho de Fonseca, Country Manager for Betano Portugal, said: “Tere was an increase in online gambling activity during the pandemic, which was directly attributed to circulation restrictions that led to many players to replace their betting activity from offline to online betting.
therefore intend to continue to grow based on the same strategy, providing a robust and high- quality product, and providing the best-in-class service to our customers.”
Te land-based sector was just recovering after the economic financial recession and the closures during the pandemic have knocked it back a few steps. With this is mind there has been a look at the sector in terms of problem gambling and advertising issues.
Te tourism and leisure sectors were particularly affected by the Covid pandemic. Land-based gambling venues were shut down twice between mid-March to end May 20202 and mid-January to early May in 2021. Sports events were cancelled, and casinos and gaming activities closed. It wasn’t until the beginning of October last year that casinos reopened at full capacity. Online activities continued throughout lockdown restrictions and at the time there were 14 operators.
Te first half of 2020 saw €139m in GGR and
The tourism and leisure sectors were particularly affected by the Covid pandemic. Land-based gambling venues were shut down twice
between mid-March to end May 20202 and mid-January to early May in 2021. Sports events were cancelled, and casinos and gaming activities closed. It wasn’t until the beginning of October last year that
casinos reopened at full capacity. Online activities continued throughout lockdown restrictions and at the time there were 14 operators.
“From a safety point of view, this change in player behaviour should be viewed with optimism, as the regulated online gambling market provides a set of tools that allow players to play safely and responsibly, tools that are not available at offline stores.”
Betano has been operating in Portugal for around three years and has been registering steady growth.
Branquinho de Fonseca added: “Tis growth reflects the recognition by the users on the quality of the products and service we offer. We
around €2.5bn in total online revenue – of this €55.2m was from sports betting and €83.7m from casino gaming compared to €47.8m and €48.1m respectively for the first half of 2019.
ILLEGAL GAMBLING PREVENTION It was mainly due to the increase in players
during the Covid lockdowns that prompted the SRIJ to introduce several recommendations for advertising.
In May 2020, the Ministry of Economy reported that the first three months of 2020 saw a seven per cent increase in the volume of bets
WIRE / PULSE / INSIGHT / REPORTS P57
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