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2023-03-23
Online gambling activity in Portugal

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The operation of online gambling and betting over the fourth quarter of 2022 generated a gross revenue of approximately EUR 195.3M, which represented a 39.7% increase compared to 2021. Approximately EUR 109.8M (out of said gross revenue), resulted from bets placed on games of chance (a EUR 35.8M increase compared to the same period in 2021) and EUR 85.5M resulted from fixed odds sports betting (a EUR 19.7M plus increase compared to the same period of the previous year).

In light of this, and according to the statistics recently published by the Portuguese Gaming Regulation and Inspection Service, online players in Portugal continue to show a preference for games of chance, namely for slots (which represent approximately 80.0% of total bets placed).

In fixed odds sports betting, Football (soccer) is still the most popular sport among bettors in Portugal, with 74.2% of the total number of bets placed.