Spain: iGaming GGR Growth in Q2 2025
The Directorate General for the Regulation of Gambling (DGOJ) has published its report for Q2 2025. iGN highlights the following key figures:
Overall Market Growth
Total GGR for the online segment reached €410.3 million, representing an 18.6% year-on-year increase and a 2.8% rise compared to the previous quarter.
Player Financial Activity
- €1.35 billion in player deposits (+23.7% YoY, -0.4% QoQ)
- €962.9 million in player withdrawals (+28.9% YoY, +0.6% QoQ)
GGR Breakdown by Segment
| Segment | GGR | Market Share | YoY Change | QoQ Change |
|---|---|---|---|---|
| Online Casino | €216.4 million | 52.7% | +26% | +6.5% |
| Online Betting | €171.4 million | 41.8% | +18.2% | +2.7% |
| Online Poker | €19.1 million | 4.7% | -25.2% | -25.1% |
| Online Bingo | €3.4 million | 0.8% | -6.4% | -6.9% |
Operators’ Marketing Expenses
Total marketing spend reached €164.5 million (+37.1% YoY, -0.2% QoQ). Breakdown:
- €82.6 million — promotions (-6.6% QoQ, +33.2% YoY)
- €62.9 million — advertising (+5.4% QoQ, +43% YoY)
- €14 million — affiliate marketing (+4.6% QoQ, +9.6% YoY)
- €5 million — sponsorships (+53% QoQ, +312% YoY)
Player Activity
- 1.7 million — average monthly active accounts (+21% YoY, -2.4% QoQ)
- 505,000 — new accounts in the quarter (+11.7% YoY, -11.6% QoQ)
Trends by Segment
Key shifts in player behavior include:
- Online slots revenue grew by +33.6% YoY.
- Pre-match betting revenue increased by 24.6% QoQ
- Live betting revenue declined by 33.2% QoQ.
Operators and Licenses
Out of 77 licensed iGaming operators, 64 are active. License distribution:
- 52 operators hold a casino license;
- 42 operators hold a betting license;
- 9 operators hold a poker license;
- 4 operators hold a bingo license.