Spanish Online Gambling Revenue Exceeds €410M in Q2

Casino and Betting Propel Spain`s Online Gambling Market to €410M in Q2 2025

Oct 3rd, 2025 Olga Li

The Spanish online gambling market delivered another powerful performance in the second quarter of 2025, recording a Gross Gaming Revenue (GGR) of just over €410 million. This impressive figure, released by the Directorate General for Gambling Regulation (DGOJ), marks a nearly 19 percent year-on-year increase and a slight rise over the first quarter, underscoring the sustained vitality of Spain’s digital gambling sector.

The market’s foundation remains solid, evidenced by the steady flow of capital. Total player deposits climbed to approximately €1.35 billion, roughly a quarter more than the same period last year. Withdrawals were also robust at nearly €963 million. The consistency of these figures quarter-on-quarter suggests a stable, highly engaged player base, indicating a healthy market environment free from excessive volatility.

The engine of this growth is unequivocally the online casino segment, which generated the majority of the GGR at around €216 million—more than half of the total market revenue. Slots were the key driver, with revenue soaring by over 30% compared to Q2 2024. Sports betting followed closely, pulling in approximately €171 million, a near 20 percent annual rise, fueled largely by the dynamic appeal of live, in-game wagering.

However, the quarter highlighted a growing divergence in player preferences. The traditional online games of poker and bingo continued to lose ground. Poker revenue dropped significantly to €19 million, a decrease of about 25 percent from both last year and the previous quarter. Bingo also slipped to just over €3 million. This decline suggests that modern Spanish casino players are increasingly drawn to the quick-play format of slots and the instant excitement of live sports odds.

To maintain growth momentum and attract new users, operators are investing heavily. Marketing spend approached €165 million, highlighting fierce competition among the 77 licensed operators. While new account registrations—over half a million—were strong year-on-year, the slight quarter-on-quarter dip suggests that while the market is expanding, operators must continue to innovate their offerings and engagement strategies to maintain the current blistering pace of growth.