Key Moments:
- Online gambling revenue in Spain reached just over €410 million in the second quarter of 2025, marking an increase of nearly 19 percent year-over-year.
- Deposits totaled approximately €1.35 billion and withdrawals were close to €963 million, both remaining consistent with Q1 levels.
- Casino revenue comprised around €216 million, led by strong slot performance, while sports betting achieved about €171 million in Q2 2025.
Revenue Trends Demonstrate Market Strength
Results published by the Directorate General for Gambling Regulation (DGOJ) indicate that Spain’s digital gambling sector generated just over €410 million in revenue during the second quarter of 2025. This figure marks a rise of nearly 19 percent compared to the same quarter the previous year and edges slightly above the results from the first quarter of 2025. Casino operations and sports betting continue to cement their positions as the top revenue contributors within the market.
Stable Player Activity Reflected In Deposits and Withdrawals
The volume of funds moving through online gaming platforms in Spain also reflects sustained user engagement. Deposits totaled roughly €1.35 billion, representing an increase of about a quarter over the same period last year, while withdrawals were close to €963 million.hese figures remained stable when compared with Q1. Meanwhile, casinos and sports betting continue to cement their positions.
User Acquisition and Marketing Investments
The sector welcomed just over 500,000 new account registrations during Q2 2025. This number surpassed the total from the same quarter in the previous year, although it fell short of the number recorded in the first quarter of 2025. Meanwhile, operators consistently ramped up marketing expenditure, allocating nearly €165 million to attract new customers. This high level of advertising spend has prompted many individuals to seek reputable resources when evaluating where to play, especially as innovative product formats like mystery boxes start emerging.
Casino Revenue and Player Preferences
The casino vertical retained its dominant share, generating €216 million in revenue. This growth was driven largely by slot games, which expanded by more than 30 percent year-on-year. Table games, including blackjack and roulette, continued to attract loyal audiences, though the growth rate did not match the surge seen in slots.
Sports Betting Remains a Core Segment
Sports betting followed closely behind casinos, contributing about €171 million for Q2 2025 – nearly 20 percent higher than a year earlier and slightly exceeding first-quarter results. This area now represents just over 40 percent of the total online gambling revenue in Spain. The ability for players to place live wagers during matches, and adjust bets in real time, has significantly enhanced player engagement and become a driving force for ongoing participation.
Poker and Bingo See Continuing Declines
Poker and bingo struggled to maintain previous levels of popularity. Revenues from poker fell to €19 million, down about 25 percent both year-over-year and compared to the preceding quarter. Bingo also slipped, posting just over €3 million in revenue. While these categories have retained dedicated player bases, they have not seen the same growth in new signups as other gaming formats.
Contests and Emerging Formats
The DGOJ’s figures on “contests” indicated that this segment still commands only a minimal presence. Revenue and customer activity in this niche remain very limited, though the potential exists for growth if operators choose to test innovative contest-based offerings in the future.
Licensing Snapshot Highlights Market Structure
As of the end of June 2025, Spain had granted licenses to 77 operators, with 64 currently active in the market. Out of these, 52 operated casino offerings, 42 provided sports betting, nine specialized in poker, four focused on bingo, and two ran contests. This breakdown highlights both the concentration and regulatory breadth across Spain’s online gambling industry.
| Category | Q2 2025 Revenue (€ Million) | Year-on-Year Change (%) | Quarter-on-Quarter Change (%) |
|---|---|---|---|
| Total Online Gambling | 410+ | +19 | ↑ (slight) |
| Casinos | 216 | +30 (slots) | — |
| Sports Betting | 171 | ~+20 | ↑ (slight) |
| Poker | 19 | -25 | -25 |
| Bingo | 3+ | – | – |
| Contests | Very Low | – | – |
Ongoing Growth and Market Outlook
The second quarter of 2025 reinforced the expansion trajectory in Spain’s digital gambling sector. Casinos and sports betting remain the foremost sources of revenue, while poker and bingo continue to lose traction. The market is experiencing steady growth in deposits, consistent new player registrations, and escalating marketing investment as operators compete for attention. If this momentum continues, Spain is poised to remain a leading and stable online gambling market in Europe. For industry stakeholders, the primary challenge ahead is to sustain engagement by innovating beyond bonuses and temporary promotions, while complying with regulatory frameworks.
- Author
Daniel Williams
