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Spain's online gambling market generates €405.4m for Q3

Despite representing a 16.5% increase from the prior year period, Spain's online gambling revenue for the third quarter of 2025 also equates to a 1.4% decrease from Q2 2025.

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Spain’s online gambling markets generates €405.4m for Q3
Key Points
Deposits and withdrawals increased 18.2% and 16.8%, respectively, while the total active gaming accounts in Spain grew 14.3% to 1,657,963
Of the €405.4m generated for Q3 2025, €149.5m stemmed from sports and live betting activity, with an additional €231.0m produced by online casinos

The Directorate General for the Regulation of Gambling (DGOJ) has reported Spain's online gambling activity for the third quarter of 2025, as total revenue increased 16.5% year-over-year to €405.4m (US$476.8m).

Of the total revenue produced throughout Q3 2025, online casino activity accounted for nearly €231.0m, representing an increase of 22.9% and driven primarily by 27.8% growth from online slot machines.

Sports and live betting generated a Q3 2025 revenue of €149.5m, equating to growth of 10% from the prior year period. Despite the annual increase in online betting revenue, the Q3 2025 figure also represents a decrease of 13% from the second quarter of 2025.

Online bingo activity in Spain failed to produce similar results to its iGaming counterparts, reporting a decrease in revenue of 13.5% to €3.2m. The vertical also fell 5.9% from Q2 2025, while online casino activity managed to rise 6.7% over the same quarterly period.

Online poker revenue accounted for just over €21.7m of the country's total online gambling revenue for the third quarter of 2025, representing growth of 5.8%. Cash poker and tournament poker verticals reported increases of 12.9% and 2.8%, respectively, while total online poker revenue grew 13.6% from Q2 2025.

Despite representing a 16.5% increase from the prior year period, Spain's online gambling revenue for the third quarter of 2025 also equates to a 1.4% decrease from Q2 2025.

Player deposits and withdrawals managed to increase by 18.2% and 16.8%, respectively, but fell 0.03% and 2.7% from the second quarter of 2025. Spain's online gambling operators reduced marketing spend by 6% to €154.8m for Q3 2025, while active gaming accounts increased 14.3% to 1,657,963.

The monthly average of new accounts created in Spain currently rests at 153,286, equating to a 0.07% increase year-over-year, but an 8.9% decrease from the second quarter of 2025.

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