Casino drives Italian igaming market in March as betting activity falls back

Casino drives Italian igaming market in March as betting activity falls back

Article brief provided by iGaming Business
  • Joanne Christie, iGaming Business
May 4, 2021 5:00 AM
  • Joanne Christie, iGaming Business

Italy’s online casino market had its second-best month ever, but a decline in sports betting activity meant that overall online revenue fell significantly from the highs of the previous three months.

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Revenue across all verticals was €315.5m in March, down 10.2% on February’s total, though this figure still represented an 80.7% increase on the same month of 2020.

Casino was the star performer for the market last month, with the total revenue figure of €158.7m having been bettered only once before, when GGR reached €162.9m in December last year.

Last month’s casino GGR represented an 11% rise on February and a 68.9% increase on March 2020.