Italy: casino sets record total for third consecutive month

first_img Topics: Casino & games Finance Sports betting Uncategorized Online casino Poker Q1 results 2021 Online sports betting Retail sports betting 8th March 2021 | By Stephen Carter PokerStars commanded dominant shares of 52.9% of tournament and 43.5% of ring game GGR in January (Charts 10 and 11). Finance Subscribe to the iGaming newsletter Online poker continued its rebound under lockdown, albeit at a slower rate than in November and December, with tournament revenues growing 6% on the prior month to €12.96m and cash game revenues by 6.5% to €8.84m (Chart 2). Bet365, having tumbled from first to sixth in the online betting rankings in November and December as competitors with land-based shops migrated bettors online, rebounded in January, increasing its market share by two percentage points to 12.2% over the month (Chart 8). This was sufficient to move it back to third position behind Sisal and Snai, with respective 12.8% and 12.4% market shares. Italy: casino sets record total for third consecutive monthcenter_img Online slots and casino generated record revenue of €162.85m for Italian-licensed operators in January, up 6% on the prior month and 99% up year-on-year. Casino and slots market share leader PokerStars was the principal operator beneficiary of the vertical’s explosive growth in the past two months, collecting 11% or close to €18m of this total in January (see Chart 7). This pushed total online GGR for the market across all products to €335.9m, only bettered by the December 2020 total (Chart 1). AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Scroll down for the infographic to track market and product growth since 2016, as well as operator shares across casino, betting and poker since 2017. In a month where betting shops remained shuttered under Covid-19 restrictions, January 2021 saw sports betting operators generate the second highest ever monthly total of €143.64m (Chart 6). Email Addresslast_img

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