Italian online gaming market sees third month of record revenues

Italian online gaming market sees third month of record revenues

Article brief provided by Gambling Insider
  • Tom Rush, Gambling Insider
March 9, 2021 4:00 AM
  • Tom Rush, Gambling Insider

January saw the Italian online gaming market break its overall revenue record for the third straight month.

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Figures from Agenzia delle dogane e dei Monopoli, processed by Ficom Leisure, show that online casino and slot operators generated €162.85m ($193m) in revenue, up 6% on the previous month and a sizable 99% on the same period in 2019.

The market’s overall GGR stood €335.9m a YOY increase of close to 57%, but a small step down from an all-time high of €359m set in December. The figure nonetheless represents a continuation of the strong upward momentum generated by operators throughout H2 2020.

With the nation still under lockdown restrictions, online verticals dominated GGR charts, as is to be expected. Casino and slot contributed 48.47% of revenue, whilst sports betting weighed in with 42.76%.