Italian Online Gambling Market Posts Record Revenues For The Month of March
The Italian online gambling market posted record revenues for the month of March with sports betting showing a year-on-year gain of 82.4%. For the month of March online sports betting topped €51.3m which is a marked increase compared to online betting turnover that showed a 12.4% increase to €546.2m. The top performer in Italy for both revenue and turnover was Bet365 with 16.3% and 29.1% respectively.
SK365’s Planetwin365 was the second highest earner with GVC’s Eurobet taking third spot. Snaitech and Sisal followed in fourth and fifth place to round off the top five. The March record for online gambling was €60.6m which represents an overall rise if 27% year-on-year. The top online casino brands were PokerStars who are owned by the Stars Group who made up 9.3%. Nest best performer was Lottomatica with 8.8% followed by Sisal (8.3%),EuroBet (6.2%) and fifth place went 888 Holdings with 5.5%.
Not surprising PokerStars made up 62.4% of the tournament market. Online bingo revenues totaled €2.8m in revenues with Tombola International taking a 44% share. This was followed GVC’s Bwin brand making up 12% and Sisal 10% and Lottomatica with 9.5%.