iGB E-zines iGB e-zine Portugal | Page 11

Part 2: Portugal by numbers 2016 so growth trend indicators are very limited. Revenues have been growing generally on a quarterly basis, with some seasonal variations. As can be seen later on in this report, football is the major driver of sports betting and hence the second quarter was substantially helped by the football World Cup in Russia occurring at the end of the period. This helped push revenues in the second quarter to an all- time high, bouncing back after a relatively poor first period of the year (Table 4). The growth trend line for the market overall remains broadly positive (see Chart 2). Gaming on the up From a standing start, gaming operators have established themselves with consumers. In 2017 gaming combined (online casino plus poker) was worth just shy of 45% of the total market. That figure was static at 45% in the second quarter of this year as gaming rebounded from a slight dip in the first quarter. Looking year-on-ye