iGB E-zines iGB e-zine Portugal | Page 13

Part 2: Portugal by numbers English Premier League 5.4%. In the second quarter, the biggest single event was the football World Cup, which was worth 20% of all bets placed over the period. The tail end of the domestic leagues saw the Portuguese Primeira Liga garner 7.2% of all bets and Spain’s La Liga 5%. It is worth noting that in both the first and second quarters, around half (the regulator doesn’t give percentages for all competitions) of all bets were made on football outside of the main national and European competitions. It is a fair guess this reflects the popularity of in-play betting outside of the main days/hours for all mainstream competitions. Likewise, with regard to tennis betting the regulatory information shows that while big tournaments at the French Open and the Madrid and Rome Opens attracted 17.3%, 7.9% and 7.4%, respectively, of all tennis bets placed, two-thirds of all bets were placed on lesser tournaments. Gaming breakdown A growth pattern is clearly more easily defined in the gaming sector, although with dips in the first half of last year and – only slightly – in the first quarter of 2018 (see Chart 9). The year-on-year growth rate for the second quarter of 47% reflects the size of the dip in the same period last year. Still, the year-on- year growth average for the past three quarters has been nearly 44%, which is likely unsustainable when the comparatives get tougher later this year. However, the suggestion is Chart 7: Sports betting by sport 2Q18 Others 4% Basketball 7% Tennis 14% Football 75% Source: SRIJ Chart 8: sports betting by sport 1Q18 Others 2% Ice hockey 3% Basketball 10% Tennis 10% Football 75% Source: SRIJ Chart 9: Portugal online gaming GGR 3Q16-2Q18 (€m) 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 Source: SRIJ Portugal: The challenges and potential in one of Europe’s most controversial markets 13